(01-19-2024 03:09 PM)Hokie Mark Wrote: Some of you need a picture.
Great chart.
I think another thing that baffles folks is that whatever the SEC or B10 say is the total value of the contract, it is not the annual payout off the bat. Like our contracts there is a ratchet. So the new B10 deal that starts to pay them began this fall. Here is the article:
Adam Rittenberg, ESPN Senior Writer
Aug 18, 2022, 09:30 AM ET
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The Big Ten has completed a new seven-year media rights agreement with Fox, CBS and NBC that is set to bring in more than $7 billion to one of the nation's most powerful athletic conferences.
The deal will begin July 1, 2023, and run through the end of the 2029-30 athletic year. Specific terms were not disclosed, but a financial windfall won't come immediately, according to media sources. The CBS payout in Year 1 of the agreement is lower since it still will be carrying SEC games during the 2023 season and will air only seven Big Ten contests that fall. But the Big Ten's per-school distribution will turn upward in Year 2 of the deal, when new members USC and UCLA enter the conference. Revenue will rise substantially beginning in Year 3.
The Big Ten is projected to eventually distribute $80 million to $100 million per year to each of its 16 members. According to USA Today, the league distributed $54.3 million to most of its members during the most recent fiscal year (2019-20) not impacted by the coronavirus pandemic.
Now a seven year deal for 1 Billion pays out as follows:
Year 1 700 M
Year 2 800 M
Year 3 900 M
Year 4 1 B
Year 5 1.1 B
Year 6 1.2 B
Year 7 1.3 B
It takes about $30 M to run the league office according to their 990.
That gives them $42 M per school for this year for the TV contract. FY 24.
Going forward they are paying about $100 M to Oregon, Washington, and the League Office. So just TV will pay the 16:
FY 25 38 M
FY 26 43 M
FY 27 50 M
FY 28 57 M
FY 29 64 M
FY 30 71 M
FY 31 New Contract with 18 schools instead of 16. Now let's compare between the B10 and ACC:
FY 25 38 M vs 40 M (Despite B10 new contract, ACC is being paid for three more schools but is only paying out the equivalent of .6 to the 3.
FY 26 43 M vs 42 M (there's that pesky 4-5% again)
FY 27 50 M vs 44 M (B10 pulling ahead)
FY 28 57 M vs 47 M (A $10 million advantage)
FY 29 64 vs vs 50 M (A $14 million advantage)
FY 30 71 vs vs 53M (An $18 million advantage)
Now if there are no "look ins" and flat growth of the ACCN then the ACC really has a problem starting in FY 29. Perhaps the new "performance pay" closes that gap.
But what is amazingly stupid on behalf of FSU is the notion that they can compete financially with Texas, Bama, Georgia, Florida, LSU, and Oklahoma with a football stadium that has only 80% of the capacity of those 6. What has been demonstrated time and again over the last 40 is that FSU fans only support a "winner". It will take 10 wins to make the playoff, it will take 11 or 12 to win the SEC title. The suicide strategy of FSU is remarkable.
RE: Trends in ACC TV Revenue, 2009-24 (est.) 
