A Look at Local Media Money
Note: edited to be more precise and accurate.
We've all seen it. "The Big Ten schools get about $22 million a year, while SEC schools get about $17 million a year from TV."
Turns out it's not true exactly. From the major contracts and other normal income like BCS payouts and NCAA tournament money, yes, that's accurate. However, SEC schools get their to negotiate their own local TV rights, allowing schools to run up bigger revenues as best they can. Leather Helmet Blog managed to pull some figures together for the top of college football:
1-uga 92.8 million over 8 years for 11.6 per year--ISP sports
2-ohio state 110 million over 10 years for 11.0 per year--IMG
3-florida 100 million over 10 years for 10.0 per year--sun sports
4-alabama 85 million over 9 years for 9.44 per year.--ISP/learfield
5-texas 94 million over 10 years for 9.4 per year--IMG
6-nebraska 112.5 million over 13 years for 8.65 per year--IMG
7-tennessee 83.4 million over 10 years for 8.34 per year--IMG
8-uconn 80 million over 10 years for 8.0 per year--IMG
8t-kentucky 80 million over 10 years for 8.0 per year--IMG
10-north carolina 97.5 million over 13 years for 7.5 per year--learfield
11-lsu 7,45 per year
12-arkansas 7.3
13-michigan 7.16
14-arizona 6.7
15-oklahoma 6.33
All formatting is [sic]. Anyway, turns out that Georgia actually gets about $28 million a year from TV and everything else, not $17 million. Florida and Alabama aren't too far behind, and four other SEC schools are between seven and 15 nationally. The top of the SEC does make more than the bottom of the Big Ten, so consider that myth busted.
This makes up an under-reported dynamic of the duel between TV models. Big Ten schools have no game rebroadcast rights to sell, so that's why only two Big Ten schools are on that list. They can only sell coaches' shows and other ancillary content, so only the schools with the two most rabid fan bases rank highly. They have to share revenue from rebroadcasted games with everyone else in the conference. The bottom of the SEC doesn't get such a subsidy, while the top of the conference can negotiate lucrative deals with regional providers.
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Uh, yeah, but ...
you’re not bothering to add Ohio St. or Michigan’s totals to their Big Ten TV numbers. All told (using the $20 million Big 10 number I’ve seen is probably more accurate than the $22 million), they’re at ~31 million and ~27 million … so right there with Georgia and Florida. And that’s this year, with the BTN numbers as weak as they’re ever going to be.
In short: the SEC’s TV deal is terrible when compared to the BTN, and there’s nothing in the local media numbers that changes that.
Where are these mystery figures coming from?
The SEC has a 15 year deal (2.25 billion with ESPN, 0.825 billion with CBS). That AVERAGES out to 205 million a year for the conference and 17.1 million for each team per year of the contract. This year, I believe the SEC handed out just 11.625 million per team in television money and a TOTAL of 17.3 million per team. This information is widely known and is actually on the SEC website.
The Big Ten has a 25 year deal with the Big Ten Network that has been PROJECTED to bring in a total of 2.8 billion. According to an article in the “St. Louis Dispatch” from this past May, Illinois has received 6.1, 6.4, and a (projected) 6.5 million per year from the BTN. The Big Ten also has a contract with ESPN for 10 years/1.0 billion and CBS for 10 years/20 million (hoops I think). Using the projections of the Big Ten Network (the 2.8 billion figure) and averaging across the board the Big Ten as a conference should average 214 million dollars in TV revenue for the decade (until their ESPN contract is up).
Both schools are going to get less than that: Illinois projects 14.9 million in TV revenue for 2009-2010. I already mentioned the SEC distribution above.
This is the article:
Should have been more specific
You’re right; not all the $17 million comes from TV. It includes bowl payouts, SEC title game revenue, and other income. Not all of the Big Ten’s speculated $22 million comes from TV either, though:
Last year, schools received roughly $9 million each from the conference’s deal with ABC/ESPN and another $7 million to $8 million from the BTN. Add revenue from bowl games, the NCAA basketball tournament and licensing, and you arrive at the estimated $22 million-a-year distribution figure…
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