Another SECNetwork Article

[57stratdawg]

SECNetwork expected to be the 5th largest sports channel in the country.

"The SEC Network is poised to bring in more revenue than the Big Ten Network and the Pac 12 Network combined, with $120 million more to spare on top of that.
Holy hell. "

 

[dawgstudent]

Damn

 

[DudyDog]

Think I read something a week or two back that projected each school could expect upwards to 15 mil in revenue from the SEC Network the first year. Or it could have been a dream....not sure which.

 

[Wicked Pissah]

We goin' sizzler
We goin' sizzler

 

[IBleedMaroonDawg]

I'm looking forward to the programming of older and classic games on the channel as much as the live events.

Gonna be fun.

 

[engie]

Think I read something a week or two back that projected each school could expect upwards to 15 mil in revenue from the SEC Network the first year. Or it could have been a dream....not sure which.

Math says we are at about $27 mil each before expenses when time Warner and directv sign on

 

[57stratdawg]

Don't we owe ESPN out of those expenses?

When end I read the article above I found myself thinking "yeah, but what does that mean for the bottom line for each school?" I saw he had referenced an article coming on the subject. I'll be interested to read that.

 

[engie]

Don't we owe ESPN out of those expenses?

When end I read the article above I found myself thinking "yeah, but what does that mean for the bottom line for each school?" I saw he had referenced an article coming on the subject. I'll be interested to read that.

No one is privy to exact terms...

We don't "owe" ESPN anything. They are taking half the profits after all. The question is whether or not we will have to share 50% of the expenses and whether we get 50% of the ad revenue...

My guess is yes to one and no to the other -- and that they are basically interchangeable... I think it's almost foregone conclusion at this point that we walk with over $20 mil from the network in year one...

 

[patdog]

Another factor to consider. We know the SEC schools will get about $27M each before expenses from the SECN and about $3.7M each from CBS. But how much will they get from the SEC games that will be carried on ESPN, ESPN2, or ESPNU? That's got to be a pretty big pile of cash too.

 

[Seinfeld]

If they aired a reality show that followed SEC recruiting, I genuinely think it would become one of the highest rated shows on any of the sports networks

 

[dawgstudent]

I hope with Comcast or even just online - a lot of the stuff is OnDemand. That would be awesome.

 

[engie]

Another factor to consider. We know the SEC schools will get about $27M each before expenses from the SECN and about $3.7M each from CBS. But how much will they get from the SEC games that will be carried on ESPN, ESPN2, or ESPNU? That's got to be a pretty big pile of cash too.

Tier2(ESPN family of networks) will pay us the same that they always have... So we'll basically be putting the extensive "new" bowl revenue and SECNetwork revenue on top of the tier 1 and 2 revenue we've always had.

The CBS deal is highway robbery now....

 

[engie]

I hope with Comcast or even just online - a lot of the stuff is OnDemand. That would be awesome.

I think it will be just like the "replay" feature with espn3 in that regard...

The new article by Carskadon today basically said that MSU's initial plan is to have virtually every single sporting even broadcast in HD online -- free of charge to everyone that gets the SECNetwork...

 

[SheltonChoked]

So we stack that $27 million on top of the $20 million we already get from the SEC?

It's a great day to be a bulldog(. Or just an SEC member)

 

[engie]

So we stack that $27 million on top of the $20 million we already get from the SEC?

It's a great day to be a bulldog(. Or just an SEC member)

Basically yes.

My $27 mil is a gross number. I think we'll actually bring home closer to $20 mil initially from the SECNet after expenses, although that's beginning to look like a conservative number with sources saying prices are actually higher than initially reported in market(Comcast paid $1.40 per) -- and the likelihood that we might actually get into more homes than initially anticipated.

My breakdown goes like this. As of today, we are a $62-69 million athletics dept(revenue numbers from last 2 yrs).
We'll add $5-10 mil from the new bowl payment structure.
We'll make $5-10 mil plus from the expanded stadium. Not counting the revenue from the TTF pledges, which I'm not really sure how it factors in...
We'll make $20 mil more from the SECNetwork.

Add it all together -- and you've got somewhere really close to a $100mil athletics dept by the end of THIS YEAR. We are a big boy now, that should be ~ a top 25 overall revenue athletics dept in the country.