Somebody help me understand the mechanics of Conference earnings and how they split money. I've never taken the time to understand.
1) Are the lucrative TV contracts the biggest portion of revenue?
2) Should added teams come into the mix, do the contracts get renegotiated? Or, is the money just split over more teams?
3) Are the SEC TV revenues split evenly? Or, are they split based on an institutions perceived value as far as TV markets are concerned?
4) What other ways do conferences make significant amounts of money? Do portions of the member institutions independent revenues get "taxed" and put into a conference fund (i.e. minor redistribution of wealth?)
It seems as something could happen that may affect the SEC, I just want to know if I should expect the SEC to sit tight or expand. On the surface and before knowing the answers to the questions above, it seems like picking up two solid teams in markets we don't have a physical presence in (TAMU for TX, VA Tech/UNC for East Coast/DC) would add more value than would be sacrificed - while not rocking the boat too much.
1) Are the lucrative TV contracts the biggest portion of revenue?
2) Should added teams come into the mix, do the contracts get renegotiated? Or, is the money just split over more teams?
3) Are the SEC TV revenues split evenly? Or, are they split based on an institutions perceived value as far as TV markets are concerned?
4) What other ways do conferences make significant amounts of money? Do portions of the member institutions independent revenues get "taxed" and put into a conference fund (i.e. minor redistribution of wealth?)
It seems as something could happen that may affect the SEC, I just want to know if I should expect the SEC to sit tight or expand. On the surface and before knowing the answers to the questions above, it seems like picking up two solid teams in markets we don't have a physical presence in (TAMU for TX, VA Tech/UNC for East Coast/DC) would add more value than would be sacrificed - while not rocking the boat too much.