Big Ten Announces 7-Year/7 Billion-Dollar Media Rights Deal

[Bwifan]

FOX, CBS, and NBC will be showing B1G football, basketball, and other Olympic sports starting in 2023-24, with a seven-year deal worth over $7 billion. So long ESPN and ABC....
That is some serious money...

• FOX will continue to have the Noon window (so “Big Noon Kick” ain’t going anywhere, folks) which means you’ll continue to hear Gus Johnson climaxing on air after every big play.
• CBS will get the 3:30 window of games, with the same production team that does SEC games currently switching over to B1G. So, expect Brad Nessler and Gary Danielson to be calling the games as well that amazing, iconic, theme song.

 

[Woodpecker]

NBC will carry Big Ten games in prime time, which will be branded "Big Ten Saturday Night."

So the afternoon ND games will promote the evening headliner - I love it.

 

[Midnighter]

FOX, CBS, and NBC will be showing B1G football, basketball, and other Olympic sports starting in 2023-24, with a seven-year deal worth over $7 billion. So long ESPN and ABC....
That is some serious money...

• FOX will continue to have the Noon window (so “Big Noon Kick” ain’t going anywhere, folks) which means you’ll continue to hear Gus Johnson climaxing on air after every big play.
• CBS will get the 3:30 window of games, with the same production team that does SEC games currently switching over to B1G. So, expect Brad Nessler and Gary Danielson to be calling the games as well that amazing, iconic, theme song.

 

[GrimReaper]

NBC will carry Big Ten games in prime time, which will be branded "Big Ten Saturday Night."

So the afternoon ND games will promote the evening headliner - I love it.

Which, depending on the selection rotation, could be the Big Ten's second or third most attractive game of the day. And don't expect ESPN/ABC, or even Fox and CBS, to rollover and play dead and concede ratings.

 

[Bwifan]

NBC will carry Big Ten games in prime time, which will be branded "Big Ten Saturday Night."

So the afternoon ND games will promote the evening headliner - I love it.

To me like them or not IF (a big IF) ND were to join the Big 10 the media rights would get another big boost and $$$

 

[PSU12046]

NBC will carry Big Ten games in prime time, which will be branded "Big Ten Saturday Night."

 

[Nohow]

FOX, CBS, and NBC will be showing B1G football, basketball, and other Olympic sports starting in 2023-24, with a seven-year deal worth over $7 billion. So long ESPN and ABC....
That is some serious money...

• FOX will continue to have the Noon window (so “Big Noon Kick” ain’t going anywhere, folks) which means you’ll continue to hear Gus Johnson climaxing on air after every big play.
• CBS will get the 3:30 window of games, with the same production team that does SEC games currently switching over to B1G. So, expect Brad Nessler and Gary Danielson to be calling the games as well that amazing, iconic, theme song.

Big improvement on CBS.

 

[91Joe95]

FOX, CBS, and NBC will be showing B1G football, basketball, and other Olympic sports starting in 2023-24, with a seven-year deal worth over $7 billion. So long ESPN and ABC....
That is some serious money...

• FOX will continue to have the Noon window (so “Big Noon Kick” ain’t going anywhere, folks) which means you’ll continue to hear Gus Johnson climaxing on air after every big play.
• CBS will get the 3:30 window of games, with the same production team that does SEC games currently switching over to B1G. So, expect Brad Nessler and Gary Danielson to be calling the games as well that amazing, iconic, theme song.

So roughly a billion per year divided between 14 schools. That's around $72MM, which is quite short of the $100MM estimates. Perhaps those estimates included B10 network revenues, although I don't think they come close to making up the difference. Will there be a separate streaming contract? Is there even adequate content for one?

It's no doubt a nice increase over the last contract, but doesn't appear to be in the ballpark of what would be required to lure ND.

 

[91Joe95]

They may very well find themselves delayed multiple times based on game lengths. For a live show that might have some interesting effects.

 

[Countrylion]

So roughly a billion per year divided between 14 schools. That's around $72MM, which is quite short of the $100MM estimates. Perhaps those estimates included B10 network revenues, although I don't think they come close to making up the difference. Will there be a separate streaming contract? Is there even adequate content for one?

It's no doubt a nice increase over the last contract, but doesn't appear to be in the ballpark of what would be required to lure ND.

ESPN is reporting payout will be between $80M to $100M per team. So it is obviously more than $7B total

 

[DGSVeniceFL]

So roughly a billion per year divided between 14 schools. That's around $72MM, which is quite short of the $100MM estimates. Perhaps those estimates included B10 network revenues, although I don't think they come close to making up the difference. Will there be a separate streaming contract? Is there even adequate content for one?

It's no doubt a nice increase over the last contract, but doesn't appear to be in the ballpark of what would be required to lure ND.

From ESPN:
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.

Notre Dame is going to eventually be forced to a conference. It's not an if, its a when.............

 

[Woodpecker]

It's no doubt a nice increase over the last contract, but doesn't appear to be in the ballpark of what would be required to lure ND.

How much does ND make? Do they get money from whatever contract the ACC has in addition to their deal with NBC?

 

[91Joe95]

How much does ND make? Do they get money from whatever contract the ACC has in addition to their deal with NBC?

Their current deal is just about up and reports are they are looking at around $60MM per year.

 

[STPGopherfan]

 

[91Joe95]

From ESPN:
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.

Notre Dame is going to eventually be forced to a conference. It's not an if, its a when.............

Forgot all about UCLA and USC makes 16 teams, not 14. Unless the contract is heavily staggered with much lower payments in the first few years with bigger payouts at the end that $7 billion is off significantly. This contract has a yearly average of only $62.5MM per school.

 

[BobPSU92]

Thank you, Sandy.

 

[PSU12046]

ESPN is reporting payout will be between $80M to $100M per team. So it is obviously more than $7B total

Can Sean Clifford and his marketing agency go back and claim NIL monies for players because this payout is based on his client's NIL?

 

[Bwifan]

Thank you, Sandy.

I am stunned Sandy isn't coming out of retirement to spend all that money...

 

[91Joe95]

Thank you, Sandy.

The good news is she still gets her share.

 

[GrimReaper]

ESPN is reporting payout will be between $80M to $100M per team. So it is obviously more than $7B total

From ESPN:
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.

Notre Dame is going to eventually be forced to a conference. It's not an if, its a when.............

There are components other than media right receipts that are included in the total that the Big Ten distributes. These include: bpwl/CFP revenue; gate receipts from conference football and basketball championships; NCAA distributions of March Madness revenue, etc. The $52mm per school number that is thrown around includes these

 

[BobPSU92]

The good news is she still gets her share.

“This is my town.”

 

[91Joe95]

There are components other than media right receipts that are included in the total that the Big Ten distributes. These include: bpwl/CFP revenue; gate receipts from conference football and basketball championships; NCAA distributions of March Madness revenue, etc. The $52mm per school number that is thrown around includes these

They made about $31.5MM on the old TV contract, so that extra $20MM gets them to the $80MM range and depending on Big 10 network, bowl payouts, etc increasing could maybe get them in the $100MM range, although that seems a little high and probably below the SEC's projected haul of $100MM by 2028 that I have seen.

 

[GrimReaper]

They made about $31.5MM on the old TV contract, so that extra $20MM gets them to the $80MM range and depending on Big 10 network, bowl payouts, etc increasing could maybe get them in the $100MM range, although that seems a little high and probably below the SEC's projected haul of $100MM by 2028 that I have seen.

Whither the BTN will be interesting to watch. Before expansion I would expect them to show fewer games. After, maybe more. But last year, for the first time in my recollection, a Big Ten game was syndicated. Is that an exception or a precursor of things to come? If the latter, that's not good.

 

[leinbacker]

 

[Zenophile]

They may very well find themselves delayed multiple times based on game lengths. For a live show that might have some interesting effects.

The current rumor mill would suggest that Lorne Michaels intends to retire that year and that the show may but put out to pasture with him.

 

[retsio]

From ESPN:
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.

Notre Dame is going to eventually be forced to a conference. It's not an if, its a when.............

I heartly suggest we let the 'golden domers' twist in the wind. They have a separate contract with NBC and ACC -- we do not need their ego !

 

[WSTLion87]

From ESPN:
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.

Notre Dame is going to eventually be forced to a conference. It's not an if, its a when.............

I'm likely in the minority in regards to thinking but so be it... I would absolutely love to play ND on annual basis. I was raised in an enormously large extended NEPA Irish Catholic family and the series from 1981-92 created some of the best memories of my youth. More than 90 percent of our ginormous family are ND blowhards. Thus, our "peanut gallery" of PSU fans used to gloat almost annually at the family reunion about the previous season's game and what we would do to ND the following year. In regards to ND being forced to join a conference: As much as I would love for it to happen (especially the B1G) sadly, I do not see it ever happening. IMHO... There are only two ways ND reluctantly gives up independence...
(1) Conference teams from the SEC to the ACC refuse to schedule them because they aren't affiliated anywhere. (I doubt that.)
(2) The playoff does not allow them in the final four slots because, they do not play a conference championship game. (That is not happeneing either as they've already played in two CFPs.)

I do not like the Fightin' Irish. However, I give them their due in the sense that their institution gets special priviledges no other university can obtain.

 

[jp3272]

Rutgers and Maryland aren’t full share yet. Possibly this agreement is $$$ tiered after every so many years

 

[DaytonRickster]

Forgot all about UCLA and USC makes 16 teams, not 14. Unless the contract is heavily staggered with much lower payments in the first few years with bigger payouts at the end that $7 billion is off significantly. This contract has a yearly average of only $62.5MM per school.

It is staggered. 1st few years are @ $60 million per team and then rises.

 

[nittanymoops]

When will be allowed to know the future schedules again?

The sliding scale value of the contract screams to me that ND is coming in soon. I don't know any other brand that moves the needle $2-3B. I think the B1G is either looking for the perfect 18th team, the perfect 18-20th teams or preparing to ride with ND as No. 17.

I'm thinking more schools are coming. Are there enough marquee matchups to feed all those hungry content mouths at 16 if ND stays indy? (Fox, CBS, NBC, BTN, FS1, Peacock, Paramount+, etc.)

 

[GrimReaper]

Rutgers and Maryland aren’t full share yet. Possibly this agreement is $$$ tiered after every so many years

Rutgers and Maryland aren't full share because they are repaying money they borrowed from the Big Ten, Maryland to pay its ACC exit fee and Rutgers to cover athletic department deficits.

 

[BobPSU92]

Rutgers and Maryland aren't full share because they are repaying money they borrowed from the Big Ten, Maryland to pay its ACC exit fee and Rutgers to cover athletic department deficits.

Is rutgres going to be a perpetual borrower? It’s hard to imagine them not having deficits.

Thanks to Sandy, Penn State laughs at deficits. Brandon, especially.

 

[Tom McAndrew]

 

[BobPSU92]

Be right back.

 

[Al_Tuna]

And this is why we are in the B1G and will stay in the B1G. For everyone who whined and said we should be in the ACC, take a look at the difference in the bottom line.

 

[PSUSignore]

 

[PSUSignore]

Rumors are the Big 10 worked in escalator clauses if more teams are added, and that they aren't done expanding. One scenario being floated is adding more from the PAC 12 and giving ABC/ESPN the late night time slot. If so the B1G would have a full lineup every week from noon to midnight on major networks.

 

[PSU12046]

And this is why we are in the B1G and will stay in the B1G. For everyone who whined and said we should be in the ACC, take a look at the difference in the bottom line.

And here I thought we were in the Big Ten for Academic and Research synergies . . .

 

[Nohow]

And this is why we are in the B1G and will stay in the B1G. For everyone who whined and said we should be in the ACC, take a look at the difference in the bottom line.

Money isn’t everything. If in the ACC, we could be Clemson.

 

[lemonears]

Money isn’t everything. If in the ACC, we could be Clemson.

True. Penn State would be as dominant in the ACC as Clemson has been.

I hear the pitters are going to soon announce a blockbuster media deal where their radio broadcasts will be extended to 3 counties surrounding Allegheny. This would be a massive announcement for them.