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Originally Posted by mikeyis4dcats.
no way are the numbers real. The SEC tv deal is worth about $15mil/school. No way are Tier 3 rights worth and additional $12mil/school.
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SEC schools received $18.3MM in revenue from Tier 1 and 2 contracts last year.
As has been stated ad nauseam in this thread, the SEC is not adding teams just to have more mouths to feed. Slive has even stated publicly that the contracts contain look-in provisions to renegotiate if the conference adds new members.
The ACC has publicly acknowledged that renegotiating their contract with ESPN was a key reason that they expanded. Take a look:
http://www.sportsbusinessdaily.com/J...leges/ACC.aspx
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The opportunity to reopen its 12-year, $1.86 billion deal with ESPN was a significant factor in the ACC’s decision to expand with Syracuse and Pittsburgh, Commissioner John Swofford told SportsBusiness Journal. The ACC signed that media agreement in May 2010, but subsequent rights-fee deals signed by the Big 12 and Pac-12 were considerably richer than the ACC’s.
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The ACC’s contract with ESPN, which is valued at $155 million a year, contains a standard line called a “composition clause” that allows either the conference or ESPN to reopen the deal if membership increases or decreases by at least two schools. The conference or the network can act on that clause any time the conference’s membership changes by at least two schools.
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The agreement does not permit the ACC to take its rights to the open market. But the addition of two schools does create the opportunity for a new negotiation and, undoubtedly, more money. If the two sides cannot come to an agreement, the deal would go to an arbitrator.