After losing 3 and adding 6 has anyone seen any credible reports on if ESPN is cutting total pay, keeping similar pro-rata pay, cutting revenue, or any other changes?

Only asking since I haven't seen any credible reports.

https://csnbbs.com/thread-955785.html

C'mon, at least give him the thread on THIS board about that same article:
https://csnbbs.com/thread-955784.html

Thamel was the lead reporter on this in October 2021. In addition to his story there was a yahoo sports Q&A with him where he laid it out, too, even expressing surprise. I have linked it before but now can't find it.

I forgot about the two year extension that was a massive mistake

(02-15-2023 04:37 PM)slhNavy91 Wrote:  C'mon, at least give him the thread on THIS board about that same article:
https://csnbbs.com/thread-955784.html

Thamel was the lead reporter on this in October 2021. In addition to his story there was a yahoo sports Q&A with him where he laid it out, too, even expressing surprise. I have linked it before but now can't find it.

Haha. I live on that board more than this one so I knew how to find that thread fast.

I finally found the other Thamel piece I was looking for.

Video and transcript of Thamel, Wetzel, and Forde discussing it.

https://sports.yahoo.com/aac-planning-ad...49933.html

Thamel says

Quote:And probably the most important inside baseball from this that I've gleaned from some reporting today is that the AAC television deal, which is $1-billion deal that goes through 2031-'32, is essentially supposed to stay intact. So there was a lot of skepticism around-- and some people wrote it the last 24 hours-- that there was an expectation that that deal got gutted because those three schools left.

And as it sits today, Tuesday afternoon, I've been told that the expectation is that if you are one of those eight remaining teams, you are going to stay whole or close to whole or essentially whole from the TV side of that deal. The six teams coming in are only getting a partial share. They're going to start at over $2 million, and that's going to grow on a scale.

(02-15-2023 11:03 PM)slhNavy91 Wrote:  I finally found the other Thamel piece I was looking for.

Video and transcript of Thamel, Wetzel, and Forde discussing it.

https://sports.yahoo.com/aac-planning-ad...49933.html

Thamel says

Quote:And probably the most important inside baseball from this that I've gleaned from some reporting today is that the AAC television deal, which is $1-billion deal that goes through 2031-'32, is essentially supposed to stay intact. So there was a lot of skepticism around-- and some people wrote it the last 24 hours-- that there was an expectation that that deal got gutted because those three schools left.

And as it sits today, Tuesday afternoon, I've been told that the expectation is that if you are one of those eight remaining teams, you are going to stay whole or close to whole or essentially whole from the TV side of that deal. The six teams coming in are only getting a partial share. They're going to start at over $2 million, and that's going to grow on a scale.

So with the extension the schools remaining kept their pay essentially the same but the newbies aren’t getting a full share and espn isn’t paying that much.

Total amount even or possibly higher than before
Per school share overall declines but due to unequal sharing the OG’s stay level with prior pay.

Correct?

(02-15-2023 11:15 PM)1845 Bear Wrote:  

(02-15-2023 11:03 PM)slhNavy91 Wrote:  I finally found the other Thamel piece I was looking for.

Video and transcript of Thamel, Wetzel, and Forde discussing it.

https://sports.yahoo.com/aac-planning-ad...49933.html

Thamel says

Quote:And probably the most important inside baseball from this that I've gleaned from some reporting today is that the AAC television deal, which is $1-billion deal that goes through 2031-'32, is essentially supposed to stay intact. So there was a lot of skepticism around-- and some people wrote it the last 24 hours-- that there was an expectation that that deal got gutted because those three schools left.

And as it sits today, Tuesday afternoon, I've been told that the expectation is that if you are one of those eight remaining teams, you are going to stay whole or close to whole or essentially whole from the TV side of that deal. The six teams coming in are only getting a partial share. They're going to start at over $2 million, and that's going to grow on a scale.

So with the extension the schools remaining kept their pay essentially the same but the newbies aren’t getting a full share and espn isn’t paying that much.

Total amount even or possibly higher than before
Per school share overall declines but due to unequal sharing the OG’s stay level with prior pay.

Correct?

Total deal remains the same.
I find the best way to grok it is the eight legacy schools keep their same shares of the media deal. The three shares of the departing schools become six half shares for the incoming schools.

Average annual value still $7 million for the legacies, $3.5 million for the new guys. (That $7 million was always a rounding error -- $1 Billion divided by 12 years divided by 12 schools is $6.94 million).

But message board posters will probably keep arguing about it until we have all the numbers from Form 990s in another 13 years.

(02-15-2023 11:28 PM)slhNavy91 Wrote:  

(02-15-2023 11:15 PM)1845 Bear Wrote:  

(02-15-2023 11:03 PM)slhNavy91 Wrote:  I finally found the other Thamel piece I was looking for.

Video and transcript of Thamel, Wetzel, and Forde discussing it.

https://sports.yahoo.com/aac-planning-ad...49933.html

Thamel says

Quote:And probably the most important inside baseball from this that I've gleaned from some reporting today is that the AAC television deal, which is $1-billion deal that goes through 2031-'32, is essentially supposed to stay intact. So there was a lot of skepticism around-- and some people wrote it the last 24 hours-- that there was an expectation that that deal got gutted because those three schools left.

And as it sits today, Tuesday afternoon, I've been told that the expectation is that if you are one of those eight remaining teams, you are going to stay whole or close to whole or essentially whole from the TV side of that deal. The six teams coming in are only getting a partial share. They're going to start at over $2 million, and that's going to grow on a scale.

So with the extension the schools remaining kept their pay essentially the same but the newbies aren’t getting a full share and espn isn’t paying that much.

Total amount even or possibly higher than before
Per school share overall declines but due to unequal sharing the OG’s stay level with prior pay.

Correct?

Total deal remains the same.
I find the best way to grok it is the eight legacy schools keep their same shares of the media deal. The three shares of the departing schools become six half shares for the incoming schools.

Average annual value still $7 million for the legacies, $3.5 million for the new guys. (That $7 million was always a rounding error -- $1 Billion divided by 12 years divided by 12 schools is $6.94 million).

But message board posters will probably keep arguing about it until we have all the numbers from Form 990s in another 13 years.

Exactly

(02-15-2023 11:28 PM)slhNavy91 Wrote:  

(02-15-2023 11:15 PM)1845 Bear Wrote:  

(02-15-2023 11:03 PM)slhNavy91 Wrote:  I finally found the other Thamel piece I was looking for.

Video and transcript of Thamel, Wetzel, and Forde discussing it.

https://sports.yahoo.com/aac-planning-ad...49933.html

Thamel says

Quote:And probably the most important inside baseball from this that I've gleaned from some reporting today is that the AAC television deal, which is $1-billion deal that goes through 2031-'32, is essentially supposed to stay intact. So there was a lot of skepticism around-- and some people wrote it the last 24 hours-- that there was an expectation that that deal got gutted because those three schools left.

And as it sits today, Tuesday afternoon, I've been told that the expectation is that if you are one of those eight remaining teams, you are going to stay whole or close to whole or essentially whole from the TV side of that deal. The six teams coming in are only getting a partial share. They're going to start at over $2 million, and that's going to grow on a scale.

So with the extension the schools remaining kept their pay essentially the same but the newbies aren’t getting a full share and espn isn’t paying that much.

Total amount even or possibly higher than before
Per school share overall declines but due to unequal sharing the OG’s stay level with prior pay.

Correct?

Total deal remains the same.
I find the best way to grok it is the eight legacy schools keep their same shares of the media deal. The three shares of the departing schools become six half shares for the incoming schools.

Average annual value still $7 million for the legacies, $3.5 million for the new guys. (That $7 million was always a rounding error -- $1 Billion divided by 12 years divided by 12 schools is $6.94 million).

But message board posters will probably keep arguing about it until we have all the numbers from Form 990s in another 13 years.

So same lump sum but sharing rules keep the original 8 whole and the three departing shares are split up.

(02-16-2023 09:26 AM)1845 Bear Wrote:  

(02-15-2023 11:28 PM)slhNavy91 Wrote:  

(02-15-2023 11:15 PM)1845 Bear Wrote:  

(02-15-2023 11:03 PM)slhNavy91 Wrote:  I finally found the other Thamel piece I was looking for.

Video and transcript of Thamel, Wetzel, and Forde discussing it.

https://sports.yahoo.com/aac-planning-ad...49933.html

Thamel says

Quote:And probably the most important inside baseball from this that I've gleaned from some reporting today is that the AAC television deal, which is $1-billion deal that goes through 2031-'32, is essentially supposed to stay intact. So there was a lot of skepticism around-- and some people wrote it the last 24 hours-- that there was an expectation that that deal got gutted because those three schools left.

And as it sits today, Tuesday afternoon, I've been told that the expectation is that if you are one of those eight remaining teams, you are going to stay whole or close to whole or essentially whole from the TV side of that deal. The six teams coming in are only getting a partial share. They're going to start at over $2 million, and that's going to grow on a scale.

So with the extension the schools remaining kept their pay essentially the same but the newbies aren’t getting a full share and espn isn’t paying that much.

Total amount even or possibly higher than before
Per school share overall declines but due to unequal sharing the OG’s stay level with prior pay.

Correct?

Total deal remains the same.
I find the best way to grok it is the eight legacy schools keep their same shares of the media deal. The three shares of the departing schools become six half shares for the incoming schools.

Average annual value still $7 million for the legacies, $3.5 million for the new guys. (That $7 million was always a rounding error -- $1 Billion divided by 12 years divided by 12 schools is $6.94 million).

But message board posters will probably keep arguing about it until we have all the numbers from Form 990s in another 13 years.

So same lump sum but sharing rules keep the original 8 whole and the three departing shares are split up.

Yep.
That's what is credibly reported.

(02-16-2023 09:30 AM)slhNavy91 Wrote:  

(02-16-2023 09:26 AM)1845 Bear Wrote:  

(02-15-2023 11:28 PM)slhNavy91 Wrote:  

(02-15-2023 11:15 PM)1845 Bear Wrote:  

(02-15-2023 11:03 PM)slhNavy91 Wrote:  I finally found the other Thamel piece I was looking for.

Video and transcript of Thamel, Wetzel, and Forde discussing it.

https://sports.yahoo.com/aac-planning-ad...49933.html

Thamel says

So with the extension the schools remaining kept their pay essentially the same but the newbies aren’t getting a full share and espn isn’t paying that much.

Total amount even or possibly higher than before
Per school share overall declines but due to unequal sharing the OG’s stay level with prior pay.

Correct?

Total deal remains the same.
I find the best way to grok it is the eight legacy schools keep their same shares of the media deal. The three shares of the departing schools become six half shares for the incoming schools.

Average annual value still $7 million for the legacies, $3.5 million for the new guys. (That $7 million was always a rounding error -- $1 Billion divided by 12 years divided by 12 schools is $6.94 million).

But message board posters will probably keep arguing about it until we have all the numbers from Form 990s in another 13 years.

So same lump sum but sharing rules keep the original 8 whole and the three departing shares are split up.

Yep.
That's what is credibly reported.

This is speculation on my end, but my guess is that IF the new schools are supposed to get escalating shares throughout the course of the deal, then the legacy teams are giving up some of that escalation on their end.

The exit fees should mitigate that to some extent, but there is no way to get the new teams (2x what left) a full share without doing that or the full value of the deal going up (and it's not).

(02-16-2023 10:56 AM)CoastalJuan Wrote:  

(02-16-2023 09:30 AM)slhNavy91 Wrote:  

(02-16-2023 09:26 AM)1845 Bear Wrote:  

(02-15-2023 11:28 PM)slhNavy91 Wrote:  

(02-15-2023 11:15 PM)1845 Bear Wrote:  So with the extension the schools remaining kept their pay essentially the same but the newbies aren’t getting a full share and espn isn’t paying that much.

Total amount even or possibly higher than before
Per school share overall declines but due to unequal sharing the OG’s stay level with prior pay.

Correct?

Total deal remains the same.
I find the best way to grok it is the eight legacy schools keep their same shares of the media deal. The three shares of the departing schools become six half shares for the incoming schools.

Average annual value still $7 million for the legacies, $3.5 million for the new guys. (That $7 million was always a rounding error -- $1 Billion divided by 12 years divided by 12 schools is $6.94 million).

But message board posters will probably keep arguing about it until we have all the numbers from Form 990s in another 13 years.

So same lump sum but sharing rules keep the original 8 whole and the three departing shares are split up.

Yep.
That's what is credibly reported.

This is speculation on my end, but my guess is that IF the new schools are supposed to get escalating shares throughout the course of the deal, then the legacy teams are giving up some of that escalation on their end.

The exit fees should mitigate that to some extent, but there is no way to get the new teams (2x what left) a full share without doing that or the full value of the deal going up (and it's not).

I haven’t seen anywhere posted where the incoming teams reach a full share in this contract.

(02-16-2023 10:56 AM)CoastalJuan Wrote:  

(02-16-2023 09:30 AM)slhNavy91 Wrote:  

(02-16-2023 09:26 AM)1845 Bear Wrote:  

(02-15-2023 11:28 PM)slhNavy91 Wrote:  

(02-15-2023 11:15 PM)1845 Bear Wrote:  So with the extension the schools remaining kept their pay essentially the same but the newbies aren’t getting a full share and espn isn’t paying that much.

Total amount even or possibly higher than before
Per school share overall declines but due to unequal sharing the OG’s stay level with prior pay.

Correct?

Total deal remains the same.
I find the best way to grok it is the eight legacy schools keep their same shares of the media deal. The three shares of the departing schools become six half shares for the incoming schools.

Average annual value still $7 million for the legacies, $3.5 million for the new guys. (That $7 million was always a rounding error -- $1 Billion divided by 12 years divided by 12 schools is $6.94 million).

But message board posters will probably keep arguing about it until we have all the numbers from Form 990s in another 13 years.

So same lump sum but sharing rules keep the original 8 whole and the three departing shares are split up.

Yep.
That's what is credibly reported.

This is speculation on my end, but my guess is that IF the new schools are supposed to get escalating shares throughout the course of the deal, then the legacy teams are giving up some of that escalation on their end.

The exit fees should mitigate that to some extent, but there is no way to get the new teams (2x what left) a full share without doing that or the full value of the deal going up (and it's not).

You forget that the contract continues to increase as it goes. Legacy teams making $5M now, will be up to $9M at the end.

And nobody said the new teams get to a full share this year or any year, for that matter. Plenty of new teams in other conferences have moved in and taken years to get to a full share.