Big 12 nears six-year, $2.28B TV extension deal

Deal is with ESPN and FOX. The part I am sure you are all wondering:

The overall value of the Big 12's media deal is expected to increase from $220 million annually to $380 million. That's an average increase in media-only revenue per school from $22 million to $31.7 million

YES that is after Texas and Oklahoma leave. $32 million isn't $50 million or whatever the SEC and Big10 are rumored to be aiming for, but it's sure a hell of a lot better than $17 million for the next 13 years. Jim Phillips better start brushing up on his negotiating skills or he will need a course on leading small conferences.

EDIT: LINK

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Comments

Is the Big 12 taking applications? I'll play WVU every year and be happy about it.

You joke, but personally I believe that at least 1-2 ACC football powers schools (Clemson, FSU, VT, Miami, NcSt) will land in the B12 whenever the GOR falls apart.

The acc has more than one football power?

"Why gobble gobble chumps asks such good questions, I will never know." - TheFifthFuller

The day the ACC added pitt and syracuse, I was done with it. VT was finally in a legit conference- the most respected all around in the land, and it turned into the big east. We can go to the PAC 12 and it would be an improvement, IMO.

Only way I see the GOR being broken is if 8 schools get on board with leaving. Most likely it will be 4 to the SEC and 4 to the Big 10. B10: UNC, UVA, GT, and (sleeper) Miami. SEC: FSU, Clemson, VT, and NC State.

Now that comes with it's own set of issues such as splitting up state schools to different leagues, but I think it's the most likely scenario if the ACC dies (also Duke and Syracuse likely go basketball only to the Big 10 in that scenario).

I don't see 2-3 schools buying themselves out until further down the road, it makes a lot more sense with 5 or 6 years left in the GOR than with 14. The penalty will be much less steep and the future gains much more real.

Personally though I want to see the ACC survive. I'd much rather lose Clemson and FSU and have to pick up WVU and Cincy than I would see all of these historic and regional rivalries ripped apart.

You live in the Raleigh-Durham area, don't you?

I'm lost

Personally though I want to see the ACC survive

Onward and upward

Yes and yes. I love the ACC and despise the Big 10 and SEC who have marginally better product at the top but way more media hype.

I love playing Carolina, UVA, Miami, NC State, Florida State, Clemson and GT, even Duke is a fun one even though it's usually an easy win. Much rather would play these schools than South Carolina, Georgia, Kentucky and Missouri each year. Tennessee is the only school in the SEC we should play more than twice a decade imo. And the Big 10 is even worse, fuck playing Rutgers, Maryland, Michigan State and god forbid Indiana or Purdue every year.

Raleigh-Durham is the center of growing metro areas on the east coast, it's a great place to live and driveable to most of these other schools. Way better than the remote swamp where most of the SEC schools are or the freakin midwest rust belt. The money and talent advantages will swing to this part of the country eventually it's just a matter of time, but unfortunately due to effective branding and marketing Big 10 and SEC schools have an iron grip on the sport right now

"The money and talent advantages will swing to this part of the country eventually" is an interesting take. You may be right but I doubt it's going to undo the significant financial and media-hype head start that the big 2 will have by the time it happens.

In an ideal world, I agree with your take. If Clemson, FSU, Miami, VT, UNC, NC State, UVA, GT, Pitt, and Duke could just form their own new 10 team league and play a round robin with a championship game, I would be onboard. But even if we cut schools I don't think we could increase the value of the contract, and I don't think there is anyone else they could realistically add to bring more value. The problem is these programs need to all be good, and they just can't be good at the same time. There were legit talks of the ACC being a super conference with Miami and VT coming onboard, but FSU and Miami both went down around the same time and Clemson took a while to get their program going, leaving VT to carry the banner for most of the 2000s.

#LOL@ACC

VT '10--US Citizen; (804) Virginian By Birth; (979) Texan By the Grace of God.

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GoR is to the conference correct? If GoR is really as unbreakable as people have made it sound, shouldn't the focus be on how to get out of the current ESPN deal? Maybe buyout the third tier rights, this should be the cheapest place to start, then see if ESPN wants to renegotiate to secure the whole package or start dangling them around to some other broadcasters.

Plan for the worst and hope for the best, not the other way around.

GoR is the reason Tx and Oklahoma aren't in the SEC until 2025.

It's not as big a concern in the PAC 12 and the LA schools. But even they aren't leaving until 2024, as of today.

TKPhi Damn Proud
BSME 2009

Phillips is hogtied with current contracts, and not enough money to break them.

Notre Dame is the white whale. The ACC football title game between ND and Clemson is still the highest rated conference title game.

TKPhi Damn Proud
BSME 2009

And Notre Dame has made it clear with their $19B endowment and general holier-than-thou attitude, that they don't need a conference and won't be joining one.

I mean, their next NBC deal in 2025 is supposedly valued at around 60 million/season, so they have no motivation to join a conference whatsoever for football. Not to mention that doing so would add another possible game to their schedule in the form of a conference championship game against what would assumedly be another good team and could endanger their CFP hopes.

Yep, they want to be the best without playing the best and get pissed when the best leapfrog them into the playoff

I don't think they get leapfrogged and am pretty sure that hasn't happened yet. A 1-loss Notre Dame team makes the playoffs 9 times out of 10, and even they themselves know that a 2-loss ND team doesn't have a chance of making it. And to be fair to ND, they do play some good teams, and them joining the ACC wouldn't exactly equate to them playing "the best" especially nowadays lol

They were only half members of the ACC because we allowed them to park the rest of their sports here, if they were to ever consider joining a conference it's the B1G. They haven't gotten leapfrogged yet but like this year in a scenario where the SEC could get 3 teams in the playoff and if Notre Dame didn't suck they would absolutely get left out

Yeah, it's very possible that a 1-loss team (or teams) gets left out this year (Michigan and then Georgia/Tennessee + some Pac 12 school). All this leapfrog stuff though will be irrelevant when the CFP gets bumped to 12 teams in a couple of years though. They're saying it could be as early as 2024.

Endowment is academics, has no connection to athletics (same for Tech).

The point is their absurd amount of money and general desire to share with absolutely no one

ND is perfectly content with using the ACC like a 2 bit whore to meet their needs for the next decade or so until it becomes abundantly clear they need to join a conference, at which point they'll go to the Big Ten where they will maximize profits, because their football rights aren't bound to the ACC GoR. They know they have the standing invite to the B1G, so they'll never join the ACC, and they'll take their sweet ass time doing that because they have such a sweetheart tv deal they used us to get that they can survive long term in it.

"When I was growing up, Virginia Tech was a school that was kicking ass and taking names, and it's time we get back to that" - James Franklin

Yall can search this board... I said it from day 1... here is the cliff notes on the ACC ND Deal:

ND gets: all of its football TV money, keeps it's football rights for home games/NBC deal, the best olympic sports conference, their choice of ACC scheduling in football arrangement, and a commitment to an "average" of 5 games per year against ACC teams, a guarantee into the Orange Bowl if the ACC rep is not there.

The ACC gets: ND on the schedule for 4 or 5 games per year, random teams, and perhaps keeping its arrangement with the Champs Sports Bowl or Gator Bowl.

Thats the principle of the deal.

preaching to the choir, actually preaching to the OG

For what it's worth, ACC teams got an average of $36.1 million per institution in FY20-21 (the most recent year we have full data for). That included the COVID year, in which ND played in the ACC and Phillips had just wrapped up negotiations with Comcast.

Jim Phillips better start brushing up on his negotiating skills or he will need a course on leading small conferences.

I don't know what people expect Phillips to do? He already negotiated with Comcast, which (along with the single-season addition of ND) got the conference an additional $80m.

The ACC football product sucks - it's not captivating if you're not a fan of a team in the conference - why would ESPN want to reopen negotiations for no reason? Outside of landing ND (who is reportedly seeking $75m/year AS AN INDEPENDENT), I don't see anything Phillips can do to move the needle.