CrazyPaco
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Maryland got $20-30 million extra from B10 for travel subsidies
Rutgers got nothing.
Interesting. Sort of makes the B10 look desperate to counter the ACC in the northeast, IMO.
http://touch.baltimoresun.com/#section/-...-74844333/
Also, let me get this straight, UMD is going to be worth $25 million that the Big Ten pays out now (to cover the additional cut) + $20-$30 million in additional travel subsidies (over how many years?, say 5, so another $4-$6 million per year...$30 million for Maryland?).
Baltimore-DC metroplex has about 8.9 million people [2010 census]. BTN gets $0.88 per subscriber in Big Ten states. Doesn't seem to add up in the most optimistic of scenarios. This is really seeming more like a territorial strategy move than even a financial one.
(This post was last modified: 03-16-2013 12:36 AM by CrazyPaco.)
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03-16-2013 12:21 AM |
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TIGER-PAUL
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
Travel expenses? yeah right
gee, just about the amt just added on to latest acc exit fee increase.
Kind of punches hole in their 'punitive' argument?
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03-16-2013 08:46 AM |
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zibby
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
I wonder how Nebraska feels about this. They're probably further from the geographic center of the B1G than Maryland is.
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03-16-2013 09:12 AM |
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Cardinals
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
Makes you wonder just how close Penn State was to bolting.
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03-16-2013 09:15 AM |
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4x4hokies
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
How many more schools could they afford to pay subsidies to?
It makes it seem like it was harder to convince Maryland to jump than everyone assumed.
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03-16-2013 09:21 AM |
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jaminandjachin
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
(03-16-2013 09:21 AM)4x4hokies Wrote: How many more schools could they afford to pay subsidies to?
It makes it seem like it was harder to convince Maryland to jump than everyone assumed.
That is the "money" question. Now it opens the floodgates for other schools to negotiate the same thing. Personally, I think this is just a ruse to help Maryland pay their exit fee. It also sounds like Maryland will be paying a little more than they anticipated.
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03-16-2013 09:30 AM |
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XLance
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
(03-16-2013 12:21 AM)CrazyPaco Wrote: Rutgers got nothing.
Interesting. Sort of makes the B10 look desperate to counter the ACC in the northeast, IMO.
http://touch.baltimoresun.com/#section/-...-74844333/
Also, let me get this straight, UMD is going to be worth $25 million that the Big Ten pays out now (to cover the additional cut) + $20-$30 million in additional travel subsidies (over how many years?, say 5, so another $4-$6 million per year...$30 million for Maryland?).
Baltimore-DC metroplex has about 8.9 million people [2010 census]. BTN gets $0.88 per subscriber in Big Ten states. Doesn't seem to add up in the most optimistic of scenarios. This is really seeming more like a territorial strategy move than even a financial one.
Travel expenses? Can you say BRIBE Wallace Loh?
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03-16-2013 10:22 AM |
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Fburghokie
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
Now should penn state ask for compensation?? How bout rutgers?
(03-16-2013 09:30 AM)jaminandjachin Wrote: (03-16-2013 09:21 AM)4x4hokies Wrote: How many more schools could they afford to pay subsidies to?
It makes it seem like it was harder to convince Maryland to jump than everyone assumed.
That is the "money" question. Now it opens the floodgates for other schools to negotiate the same thing. Personally, I think this is just a ruse to help Maryland pay their exit fee. It also sounds like Maryland will be paying a little more than they anticipated.
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03-16-2013 10:26 AM |
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XLance
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
(03-16-2013 09:15 AM)Cardinals Wrote: Makes you wonder just how close Penn State was to bolting.
When the truth comes out in the trial that Penn State was in serious talks with the ACC and that the B1G was able to scuttle the deal because of classified information provided by Maryland the exit fee might be well above $53M.
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03-16-2013 10:27 AM |
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XLance
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
Many folks said that the ACC wouldn't want this to go to trial.....however it is Maryland and the B1G that have the most to lose when information is made public.
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03-16-2013 10:30 AM |
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jaminandjachin
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
(03-16-2013 10:30 AM)XLance Wrote: Many folks said that the ACC wouldn't want this to go to trial.....however it is Maryland and the B1G that have the most to lose when information is made public.
Exactly. Our WV brethen don't seem to understand that.
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03-16-2013 10:39 AM |
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Cardinals
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
(03-16-2013 10:27 AM)XLance Wrote: (03-16-2013 09:15 AM)Cardinals Wrote: Makes you wonder just how close Penn State was to bolting.
When the truth comes out in the trial that Penn State was in serious talks with the ACC and that the B1G was able to scuttle the deal because of classified information provided by Maryland the exit fee might be well above $53M.
This is truly the only real reason I can think of for the B1G to have done this for Maryland. Yes, they're a great TV market. But there are other good markets with better programs and more fanatical fan bases.
The elephant in the room is that the B1G suddenly decides to hem PSU in on basically all sides to keep them from looking to a conference where they'll feel more comfortable and be more appreciated. Suddenly Pennsylvania borders 3 B1G states instead of one, and travel just got a lot cheaper and a lot easier.
I'd love to see all the facts in this one!
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03-16-2013 11:56 AM |
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brista21
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
(03-16-2013 09:30 AM)jaminandjachin Wrote: (03-16-2013 09:21 AM)4x4hokies Wrote: How many more schools could they afford to pay subsidies to?
It makes it seem like it was harder to convince Maryland to jump than everyone assumed.
That is the "money" question. Now it opens the floodgates for other schools to negotiate the same thing. Personally, I think this is just a ruse to help Maryland pay their exit fee. It also sounds like Maryland will be paying a little more than they anticipated.
That's exactly what it is. I bet the "travel subsidy" only lasts for a certain period of time too.
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03-16-2013 04:22 PM |
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brista21
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
(03-16-2013 10:27 AM)XLance Wrote: (03-16-2013 09:15 AM)Cardinals Wrote: Makes you wonder just how close Penn State was to bolting.
When the truth comes out in the trial that Penn State was in serious talks with the ACC and that the B1G was able to scuttle the deal because of classified information provided by Maryland the exit fee might be well above $53M.
No one was ever leaving the Big Ten. They make too much damn money for that. Also, Penn State was not trading away a rivalry with Ohio State. If the Big Ten didn't grow its population base there was the chance down the road that a school like Penn State might leave.
FWIW, I don't see anyone else leaving the ACC anytime soon either.
(This post was last modified: 03-16-2013 04:28 PM by brista21.)
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03-16-2013 04:24 PM |
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nzmorange
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
(03-16-2013 09:15 AM)Cardinals Wrote: Makes you wonder just how close Penn State was to bolting.
If PSU was THAT close, then I don't think that Rutgers + UMD outweighs the difference between a good Syracuse and a good Pitt, especially after Rutgers face plants because of yearly beat downs by OSU, Michigan, and pals, and the inability to fill their schedule with cupcakes.
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03-16-2013 05:07 PM |
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HtownOrange
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
(03-16-2013 04:22 PM)brista21 Wrote: (03-16-2013 09:30 AM)jaminandjachin Wrote: (03-16-2013 09:21 AM)4x4hokies Wrote: How many more schools could they afford to pay subsidies to?
It makes it seem like it was harder to convince Maryland to jump than everyone assumed.
That is the "money" question. Now it opens the floodgates for other schools to negotiate the same thing. Personally, I think this is just a ruse to help Maryland pay their exit fee. It also sounds like Maryland will be paying a little more than they anticipated.
That's exactly what it is. I bet the "travel subsidy" only lasts for a certain period of time too.
I heard the B1G was allowing Maryland a little more time for their "buy In" to the BTN than the others, too. They still pay the same amount but they get to reap more benefits up front to keep them afloat.
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03-16-2013 07:20 PM |
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TIGER-PAUL
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
the subsidy sets precedent that the exit fee isn't prohibitive.
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03-16-2013 08:32 PM |
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BigOwensboroCard
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RE: Maryland got $20-30 million extra from B10 for travel subsidies
All this is is to help cover the exit fee for there is no way the entire league ( BigTen ) is going to approve this when teams like Nebraska, Penn State, Rutgers, Minnesota, Wisconsin, Iowa are not asking for a penny in return for travel cost. Maryland is just not worth it what so ever to give them extra income to help cover travel expenses. When Rutgers officials were asked about this they said they did not see any reason to ask for the payout per school would cover any and all travel cost, but apparently flying out of Maryland is more expensive than any other place amongst the BigTen let alone the nation. What a joke this is IMO that they need travel expense with the payout they are about to get going to the BigTen. Who ever else gets nabbed I would ask double the payout as well as travel expense for if Maryland can get this what would a more highly respectable school ( UV, UNC, Duke etc. ) get???
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03-16-2013 08:43 PM |
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