CoastalJuan
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RE: ESPN renegotiation clause
(05-25-2020 06:42 PM)slhNavy91 Wrote: (05-25-2020 06:16 PM)IamYourDad Wrote: (05-25-2020 06:06 PM)Foreverandever Wrote: (05-25-2020 02:19 PM)Greenwavedrownsacat Wrote: With Uconn gone, and no renegotiation in sight to lower our espn payout, what do we average per team including our average league bowl payout ? Clearly more than $7m
84m for ESPN
4-5m from Navy tier
3m expected from CBS for basketball
20m~25m from CFP pay
6/7m from other bowl games
+NCAA credits
117-125m total
10.7m-12.5m for full members
70% FB pay 7.49m - 8.75m
30% Olympic 3.21m - 3.75m
Is ESPN not renegotiating? Is there a deadline for it? If we get to keep UCONN's share that would be amazing
There has been no deadline stated. Aresco and an ESPN official were on the same stage in December saying talks continued. I expect that $83.3M average annual value to decrease, but by slightly less than the easy button 1/12th. (Foreverandever's estimate is close enough, six-figure differences rather than seven-figure.)
AND those distributions will come in 14 months -after the 20-21 year is complete.
Since the COVID19 shutdown, Aresco said that the 19-20 year will be adjusted - the AAC was unable to deliver the AAC MBb and WBB tournaments as well as the very limited spring sports under the old contract.
Assuming any disruption to 20-21 sports seasons, the first reliable look at post-contract, post-UConn figures won't come for another 26 months or so.
Our AD said a few months ago that he expected something similar. There will be a cut of a little less than a full share, which would make sense.
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05-27-2020 07:41 AM |
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Greenwavedrownsacat
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RE: ESPN renegotiation clause
Yeah so I will take that as a no on us losing money from uconn leaving. So we may possibly hear an announcement in 26 months . . . Wake me up when that happens because as of now there is no reduction in pay from the loss of the “powerhouse” UConn brand. Bye boys ! Have fun with your historic regional rivals in the Midwest !
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05-29-2020 12:03 AM |
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UConnHusky
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RE: ESPN renegotiation clause
If the reduction ends up being large, nobody here better complain when the UConn trolls come out in full force after all of these posts. If the reduction was small (or nothing), I would think that the announcement of that fact would have happened already. Something tells me that the delay of any announcement is the result of the AAC attorneys wrangling with the ESPN attorneys. So, while I want to best for the AAC, seeing as many of the posters here are just looking to kick us in the teeth, don’t blame me if I am obnoxious on the day of reckoning. Nicey-nice goes both ways, fellas.
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05-29-2020 12:52 AM |
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pesik
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RE: ESPN renegotiation clause
(05-29-2020 12:52 AM)UConnHusky Wrote: If the reduction ends up being large, nobody here better complain when the UConn trolls come out in full force after all of these posts. If the reduction was small (or nothing), I would think that the announcement of that fact would have happened already. Something tells me that the delay of any announcement is the result of the AAC attorneys wrangling with the ESPN attorneys. So, while I want to best for the AAC, seeing as many of the posters here are just looking to kick us in the teeth, don’t blame me if I am obnoxious on the day of reckoning. Nicey-nice goes both ways, fellas.
there is no announcement to be made..you dont make announcements for renegotiations..
if its staying the same you dont make an announcement either ..aresco was bragging about the deal on the radio literally 1 hour ago, i doubt there was any major changes at all
uconn fans have a weird habit of making up the craziest theories, it rarely aligns with common sense ..hell based off the OP uconn cant trigger a renegotiation clause
(This post was last modified: 05-29-2020 01:00 PM by pesik.)
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05-29-2020 12:59 PM |
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tigerjeb
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RE: ESPN renegotiation clause
(05-29-2020 12:59 PM)pesik Wrote: uconn fans have a weird habit of making up the craziest theories, it rarely aligns with common sense ..hell based off the OP uconn cant trigger a renegotiation clause
uconn fans are the yankee message board equivilant of la tech people,
(This post was last modified: 05-29-2020 06:47 PM by tigerjeb.)
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05-29-2020 06:46 PM |
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Stickboy46
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RE: ESPN renegotiation clause
(05-29-2020 12:52 AM)UConnHusky Wrote: If the reduction ends up being large, nobody here better complain when the UConn trolls come out in full force after all of these posts. If the reduction was small (or nothing), I would think that the announcement of that fact would have happened already. Something tells me that the delay of any announcement is the result of the AAC attorneys wrangling with the ESPN attorneys. So, while I want to best for the AAC, seeing as many of the posters here are just looking to kick us in the teeth, don’t blame me if I am obnoxious on the day of reckoning. Nicey-nice goes both ways, fellas.
So everyone else gets to Troll the UConn fans when it comes out and it's less than a full share right?
Sent from my SM-N975U1 using Tapatalk
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05-29-2020 08:00 PM |
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Tigersmoke4
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RE: ESPN renegotiation clause
(05-29-2020 08:00 PM)Stickboy46 Wrote: (05-29-2020 12:52 AM)UConnHusky Wrote: If the reduction ends up being large, nobody here better complain when the UConn trolls come out in full force after all of these posts. If the reduction was small (or nothing), I would think that the announcement of that fact would have happened already. Something tells me that the delay of any announcement is the result of the AAC attorneys wrangling with the ESPN attorneys. So, while I want to best for the AAC, seeing as many of the posters here are just looking to kick us in the teeth, don’t blame me if I am obnoxious on the day of reckoning. Nicey-nice goes both ways, fellas.
So everyone else gets to Troll the UConn fans when it comes out and it's less than a full share right?
Sent from my SM-N975U1 using Tapatalk
Nope. You will be quickly escorted off of their crazy board for having some sense.
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05-29-2020 08:48 PM |
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Pony94
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ESPN renegotiation clause
(05-29-2020 06:46 PM)tigerjeb Wrote: (05-29-2020 12:59 PM)pesik Wrote: uconn fans have a weird habit of making up the craziest theories, it rarely aligns with common sense ..hell based off the OP uconn cant trigger a renegotiation clause
uconn fans are the yankee message board equivilant of la tech people,
32 days until they are escorted out
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05-29-2020 09:27 PM |
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UCGrad1992
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RE: ESPN renegotiation clause
(05-29-2020 09:27 PM)Pony94 Wrote: (05-29-2020 06:46 PM)tigerjeb Wrote: (05-29-2020 12:59 PM)pesik Wrote: uconn fans have a weird habit of making up the craziest theories, it rarely aligns with common sense ..hell based off the OP uconn cant trigger a renegotiation clause
uconn fans are the yankee message board equivilant of la tech people,
32 days until they are escorted out
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05-29-2020 09:42 PM |
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Pony94
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ESPN renegotiation clause
(05-29-2020 09:42 PM)UCGrad1992 Wrote: (05-29-2020 09:27 PM)Pony94 Wrote: (05-29-2020 06:46 PM)tigerjeb Wrote: (05-29-2020 12:59 PM)pesik Wrote: uconn fans have a weird habit of making up the craziest theories, it rarely aligns with common sense ..hell based off the OP uconn cant trigger a renegotiation clause
uconn fans are the yankee message board equivilant of la tech people,
32 days until they are escorted out
HuskyU does have a hairy chest
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05-29-2020 09:43 PM |
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sierrajip
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RE: ESPN renegotiation clause
(05-29-2020 09:42 PM)UCGrad1992 Wrote: (05-29-2020 09:27 PM)Pony94 Wrote: (05-29-2020 06:46 PM)tigerjeb Wrote: (05-29-2020 12:59 PM)pesik Wrote: uconn fans have a weird habit of making up the craziest theories, it rarely aligns with common sense ..hell based off the OP uconn cant trigger a renegotiation clause
uconn fans are the yankee message board equivilant of la tech people,
32 days until they are escorted out
LOL
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05-30-2020 05:57 AM |
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HuskyU
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RE: ESPN renegotiation clause
(05-29-2020 09:43 PM)Pony94 Wrote: (05-29-2020 09:42 PM)UCGrad1992 Wrote: (05-29-2020 09:27 PM)Pony94 Wrote: (05-29-2020 06:46 PM)tigerjeb Wrote: (05-29-2020 12:59 PM)pesik Wrote: uconn fans have a weird habit of making up the craziest theories, it rarely aligns with common sense ..hell based off the OP uconn cant trigger a renegotiation clause
uconn fans are the yankee message board equivilant of la tech people,
32 days until they are escorted out
HuskyU does have a hairy chest
You told me it feels like a pillow when we snuggle.
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05-30-2020 12:42 PM |
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UConnHusky
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RE: ESPN renegotiation clause
This thread is done. Time to put my popcorn maker away. We have been guessing on how the revised media deal will impact the AAC for months, but we all failed to notice that the debate around this has been loosely wrapped since at least December 12th. Details below and link to story at bottom:
Reduction of the AAC contract: Unknown and will not be disclosed. Per Aresco, “We’ve got a great relationship with ESPN so we’ll work out some adjustment, but I can’t go into more than that".
Reduction to each AAC school: None. Per Aresco, “No school will end up getting less money than they were going to get originally. That typically won’t happen; it’s just a question of what adjustments you make and if you make financial adjustments, it still doesn’t mean anybody is going to get less.”
I suspect that the hit will be absorbed by the AAC office (with maybe some smart budget cutting) and offset somewhat by UConn's $17mm exit fee. None of us will ever know the details as the Freedom of Information Act won't turn anything up at a public school level since the schools will see the same pay from the AAC, so there was no contract change on paper at that level. As for the financial change of terms between the AAC and ESPN, it isn't subject to the Freedom of Information Act due to both parties being private entities, so nobody here can say with any certainty what it actually was since none of us will ever know. If I had to guess, the hit likely wasn't bad due to terms of good faith between the AAC and ESPN. No sense in penalizing schools for our departure since they had no control in the process.
http://www.orlandosentinel.com/sports/co...story.html
(This post was last modified: 06-04-2020 04:56 PM by UConnHusky.)
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06-04-2020 04:44 PM |
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Pony94
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ESPN renegotiation clause
Paging Dawgrass
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06-04-2020 04:59 PM |
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Attackcoog
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RE: ESPN renegotiation clause
(06-04-2020 04:59 PM)Pony94 Wrote: Paging Dawgrass
I actually posted those quotes a while back for Dawgex and he pretty discounted it as little more than Aresco musings. He was predicting a huge haircut because ESPN has lost 80% of their viewership since live sports closed up shop for Covid.
(This post was last modified: 06-04-2020 05:43 PM by Attackcoog.)
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06-04-2020 05:39 PM |
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CoastalJuan
Business Drunk
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RE: ESPN renegotiation clause
(06-04-2020 04:44 PM)UConnHusky Wrote: This thread is done. Time to put my popcorn maker away. We have been guessing on how the revised media deal will impact the AAC for months, but we all failed to notice that the debate around this has been loosely wrapped since at least December 12th. Details below and link to story at bottom:
Reduction of the AAC contract: Unknown and will not be disclosed. Per Aresco, “We’ve got a great relationship with ESPN so we’ll work out some adjustment, but I can’t go into more than that".
Reduction to each AAC school: None. Per Aresco, “No school will end up getting less money than they were going to get originally. That typically won’t happen; it’s just a question of what adjustments you make and if you make financial adjustments, it still doesn’t mean anybody is going to get less.”
I suspect that the hit will be absorbed by the AAC office (with maybe some smart budget cutting) and offset somewhat by UConn's $17mm exit fee. None of us will ever know the details as the Freedom of Information Act won't turn anything up at a public school level since the schools will see the same pay from the AAC, so there was no contract change on paper at that level. As for the financial change of terms between the AAC and ESPN, it isn't subject to the Freedom of Information Act due to both parties being private entities, so nobody here can say with any certainty what it actually was since none of us will ever know. If I had to guess, the hit likely wasn't bad due to terms of good faith between the AAC and ESPN. No sense in penalizing schools for our departure since they had no control in the process.
http://www.orlandosentinel.com/sports/co...story.html
I'm not a doctor or anything, but how would it end up being a hit. Even if it's a full share, it's the sahre that would have been paid out to UConn. Anything less than a full share would actually give the office a raise, right?
You were planning on getting $7m (or whetever the number is) and passing it through to UConn. If $5m is pulled, for example, but you don't have to pay UConn, you're left with $2m in your pocket.
Am I missing anything? The bigger risk that I've been worried about is if ESPN pulled any linear football timeslots that wouldn't have gone to UConn anyway. That would equal less linear games for the teams that would actually be in those slots.
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06-05-2020 10:14 AM |
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Stickboy46
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RE: ESPN renegotiation clause
(06-05-2020 10:14 AM)CoastalJuan Wrote: (06-04-2020 04:44 PM)UConnHusky Wrote: This thread is done. Time to put my popcorn maker away. We have been guessing on how the revised media deal will impact the AAC for months, but we all failed to notice that the debate around this has been loosely wrapped since at least December 12th. Details below and link to story at bottom:
Reduction of the AAC contract: Unknown and will not be disclosed. Per Aresco, “We’ve got a great relationship with ESPN so we’ll work out some adjustment, but I can’t go into more than that".
Reduction to each AAC school: None. Per Aresco, “No school will end up getting less money than they were going to get originally. That typically won’t happen; it’s just a question of what adjustments you make and if you make financial adjustments, it still doesn’t mean anybody is going to get less.”
I suspect that the hit will be absorbed by the AAC office (with maybe some smart budget cutting) and offset somewhat by UConn's $17mm exit fee. None of us will ever know the details as the Freedom of Information Act won't turn anything up at a public school level since the schools will see the same pay from the AAC, so there was no contract change on paper at that level. As for the financial change of terms between the AAC and ESPN, it isn't subject to the Freedom of Information Act due to both parties being private entities, so nobody here can say with any certainty what it actually was since none of us will ever know. If I had to guess, the hit likely wasn't bad due to terms of good faith between the AAC and ESPN. No sense in penalizing schools for our departure since they had no control in the process.
http://www.orlandosentinel.com/sports/co...story.html
I'm not a doctor or anything, but how would it end up being a hit. Even if it's a full share, it's the sahre that would have been paid out to UConn. Anything less than a full share would actually give the office a raise, right?
You were planning on getting $7m (or whetever the number is) and passing it through to UConn. If $5m is pulled, for example, but you don't have to pay UConn, you're left with $2m in your pocket.
Am I missing anything? The bigger risk that I've been worried about is if ESPN pulled any linear football timeslots that wouldn't have gone to UConn anyway. That would equal less linear games for the teams that would actually be in those slots.
You aren't missing anything. He's grasping at straws. There was no hit to the AAC. At worst the UCONN share was just lost. Everyone else including the AAC office is left whole.
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06-05-2020 10:30 AM |
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stxrunner
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RE: ESPN renegotiation clause
(06-05-2020 10:30 AM)Stickboy46 Wrote: (06-05-2020 10:14 AM)CoastalJuan Wrote: (06-04-2020 04:44 PM)UConnHusky Wrote: This thread is done. Time to put my popcorn maker away. We have been guessing on how the revised media deal will impact the AAC for months, but we all failed to notice that the debate around this has been loosely wrapped since at least December 12th. Details below and link to story at bottom:
Reduction of the AAC contract: Unknown and will not be disclosed. Per Aresco, “We’ve got a great relationship with ESPN so we’ll work out some adjustment, but I can’t go into more than that".
Reduction to each AAC school: None. Per Aresco, “No school will end up getting less money than they were going to get originally. That typically won’t happen; it’s just a question of what adjustments you make and if you make financial adjustments, it still doesn’t mean anybody is going to get less.”
I suspect that the hit will be absorbed by the AAC office (with maybe some smart budget cutting) and offset somewhat by UConn's $17mm exit fee. None of us will ever know the details as the Freedom of Information Act won't turn anything up at a public school level since the schools will see the same pay from the AAC, so there was no contract change on paper at that level. As for the financial change of terms between the AAC and ESPN, it isn't subject to the Freedom of Information Act due to both parties being private entities, so nobody here can say with any certainty what it actually was since none of us will ever know. If I had to guess, the hit likely wasn't bad due to terms of good faith between the AAC and ESPN. No sense in penalizing schools for our departure since they had no control in the process.
http://www.orlandosentinel.com/sports/co...story.html
I'm not a doctor or anything, but how would it end up being a hit. Even if it's a full share, it's the sahre that would have been paid out to UConn. Anything less than a full share would actually give the office a raise, right?
You were planning on getting $7m (or whetever the number is) and passing it through to UConn. If $5m is pulled, for example, but you don't have to pay UConn, you're left with $2m in your pocket.
Am I missing anything? The bigger risk that I've been worried about is if ESPN pulled any linear football timeslots that wouldn't have gone to UConn anyway. That would equal less linear games for the teams that would actually be in those slots.
You aren't missing anything. He's grasping at straws. There was no hit to the AAC. At worst the UCONN share was just lost. Everyone else including the AAC office is left whole.
Yup. The desperation to try and swipe at the AAC on the way out continues. "Well, there would have been a reduction due to UConn leaving, but instead it's going to be absorbed by the office and never disclosed anywhere." It's getting a little sad.
I think it's time for UConn fans to wake up and finally realize that you weren't too good for the AAC. Sorry bout your luck. The Big East is a better fit for a number of reasons, but UConn wasn't and never will be too good to be in the American.
(This post was last modified: 06-05-2020 11:43 AM by stxrunner.)
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06-05-2020 11:42 AM |
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slhNavy91
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RE: ESPN renegotiation clause
So...
In June of 2019 this thread got 17 replies and faded away within 24 hours.
In May of 2020, UConnWyomingGTFletch, resurrected it from 1,400 threads deep in the forum based on...a December 2019 article about comments an ESPN VP made at a forum.
Now, one of our UConn faithful says it is closed based on...a December 2019 Orlando Sentinel article getting Aresco's response to the comments made by the ESPN VP. Aresco was on the same panel as the ESPN VP at the forum. I remember the forum in a general sense -- the conference teased Aresco's participation on the panel before hand -- and the comments on both sides were a non-story at the time, because it was no update to what we had all been following for six months.
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06-05-2020 12:24 PM |
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Foreverandever
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RE: ESPN renegotiation clause
(06-05-2020 12:24 PM)slhNavy91 Wrote: So...
In June of 2019 this thread got 17 replies and faded away within 24 hours.
In May of 2020, UConnWyomingGTFletch, resurrected it from 1,400 threads deep in the forum based on...a December 2019 article about comments an ESPN VP made at a forum.
Now, one of our UConn faithful says it is closed based on...a December 2019 Orlando Sentinel article getting Aresco's response to the comments made by the ESPN VP. Aresco was on the same panel as the ESPN VP at the forum. I remember the forum in a general sense -- the conference teased Aresco's participation on the panel before hand -- and the comments on both sides were a non-story at the time, because it was no update to what we had all been following for six months.
Its "closed" on a false premises from the UConn fan as well.
We know that ESPN was 84 million a year, we can take good estimates for the "Navy Tier" and the CBS basketball money. So we have a rough idea of what the pay outs should be, schools and the AAC will file taxes and the public schools will get public records published. The number will work it's way out in the next year or a little longer. At that point we'll know. If its significantly less than 7m a team or more we will see what UConn's departure cost and if we charged them enough for letting them leave early.
Just a guess but it's going to be about 80m a year from ESPN, most of the value is in football and there UConn is a minor loss, but in the smaller value of basketball (women and men's) UConn's fans are a major loss. Split the baby and a bit because ESPN is greedy and the hardline for the conference is that each school doesn't lose money. So about 7.3m a year a school. Likely that the pay out will stay the same though as we often don't count the conference share. So add 3m to the AAC office from there and another 3m or so from CBS for basketball and you basically have the AAC office share. So add in the "Navy Tier" probably 4-5m. So media pay outs for full members is going to be about 7.2-7.4m. For the 70/30 split the board has assumed from previous set ups that 5m for Navy and a little over 2m for Wichita.
Throw in what 2.1m in cfp money, a 500k+ from other bowls, and the NCAA credits and it's probably about a 10-11m pay out total. Roughly 20% of SEC/Big 1G money. About 25-30% of the lower end big Xii. Remember that most P5's start with a roughly 3m pay out from their conference contract bowl. Then add in other bowl pay outs and that combined with sucking up a ton of the NCAA credits and they are probably approaching the total expected AAC pay out before even getting into their media deals.
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06-05-2020 01:16 PM |
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