Big East: New TV Deal Reportedly Could Be Worth $60 Million Per Year, Less Than Half ESPN’s Initial Offer

All, College Athletics, College Basketball, College Football Ty Duffy December 6th. 2012, 3:10pm

Could things get more depressing for The Big East after losing Rutgers and Louisville? Yes. Yes, they can. Dennis Dodd is reporting that, despite multiple parties interested, the new Big East TV rights deal could be worth as little as $60 million per year. The offer the Big East turned down from ESPN in 2011 was believed to be worth $155 million per year.

Divided by 15 football schools in 2015, that would be around $4 million per school per year. That’s about what Big East teams are receiving under their expiring contract. The Big Ten earned about six times as much last year, with an outdated first-tier rights agreement.

Not a great time to be UConn.

[Photo via Presswire]

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35 Responses to “Big East: New TV Deal Reportedly Could Be Worth $60 Million Per Year, Less Than Half ESPN’s Initial Offer”

1
ms621 Says:
December 6th, 2012 at 3:16 PM
Motherfucker….
2
guinnessgirl13 Says:
December 6th, 2012 at 3:17 PM
Not a great time to be UConn.
Oh please. Not a great time to be any team in the BigUSA.
3
sctrojans Says:
December 6th, 2012 at 3:18 PM
Not a great time to be UConn.
Thanks bud.
Big East has been horrifically managed, starting when they brought Miami in. Misguided football ambitions killed the league. Good thing the ACC heeded that lesson….
4
KC Resident Says:
December 6th, 2012 at 3:18 PM
Oof.
5
ms621 Says:
December 6th, 2012 at 3:19 PM
Misguided football ambitions killed the league
The original television deal was voted down by the conference’s basketball schools. They thought they deserved a better one.
6
sctrojans Says:
December 6th, 2012 at 3:19 PM
Not a great time to be UConn.
Oh please. Not a great time to be any team in the BigUSA.
Ya, but Uconn’s the only school that matters/is deserving of being in a big league
7
sctrojans Says:
December 6th, 2012 at 3:21 PM
The original television deal was voted down by the conference’s basketball schools. They thought they deserved a better one.
Bringing in Miami was the beginning of the end. It was a bball league built on urban markets and natural rivalries. They should have let Syracuse leave when they were threatening to long ago, rather than appeasing their football demands
8
ms621 Says:
December 6th, 2012 at 3:21 PM
Bringing in Miami was the beginning of the end. It was a bball league built on urban markets and natural rivalries. They should have let Syracuse leave when they were threatening to long ago, rather than appeasing their football demands
Or they should have realized that the deal they were getting in the first place was a pretty fucking good one and gone with that.
9
HtownHacker Says:
December 6th, 2012 at 3:22 PM
Ya, but Uconn’s the only school that matters/is deserving of being in a big league
What about Cincy? I have no idea what their football stadium holds, etc.
10
sctrojans Says:
December 6th, 2012 at 3:25 PM
What about Cincy? I have no idea what their football stadium holds, etc.
That’s fair. Not Uconn caliber in bball or academics, but Cincy has some merit
11
vajayjay redick Says:
December 6th, 2012 at 3:26 PM
The Big East offices are in Providence. The 3 commissioners they had before Aresco were all from Providence. It’s amazing how much influence one tiny school with no football (and lousy basketball) has had in that conference. The Big East thought it could be a big-time football conference without abandoning their roots. They were wrong.
12
Cowboy Mike's Old Original Red Hot Ricochet Barbeque Sauce Says:
December 6th, 2012 at 3:27 PM
AHAHAHAHAHAHAHAHAHAHAHAHA
13
Cowboy Mike's Old Original Red Hot Ricochet Barbeque Sauce Says:
December 6th, 2012 at 3:28 PM
The Big East offices are in Providence. The 3 commissioners they had before Aresco were all from Providence. It’s amazing how much influence one tiny school with no football (and lousy basketball) has had in that conference. The Big East thought it could be a big-time football conference without abandoning their roots. They were wrong.
Big East Commish Drugs Delaney
14
vajayjay redick Says:
December 6th, 2012 at 3:28 PM
That’s fair. Not Uconn caliber in bball or academics, but Cincy has some merit
Both teams have strong football traditions that stretch back about 6 years or so.
15
Ty Duffy Says:
December 6th, 2012 at 3:34 PM
The Big East offices are in Providence. The 3 commissioners they had before Aresco were all from Providence. It’s amazing how much influence one tiny school with no football (and lousy basketball) has had in that conference. The Big East thought it could be a big-time football conference without abandoning their roots. They were wrong.
Instead of having its media day in New York. The Big East has its media day in Newport, Rhode Island. The freaking Pac 12 has a media day in New York.
16
Cowboy Mike's Old Original Red Hot Ricochet Barbeque Sauce Says:
December 6th, 2012 at 3:38 PM
Instead of having its media day in New York. The Big East has its media day in Newport, Rhode Island. The freaking Pac 12 has a media day in New York.
AHAHAHAHAHAHAHAHAHAHAHAHA
17
Milk Steak To Go Says:
December 6th, 2012 at 3:39 PM
Bringing in Miami was the beginning of the end. It was a bball league built on urban markets and natural rivalries. They should have let Syracuse leave when they were threatening to long ago, rather than appeasing their football demands
Was it, or was the Big East doomed from the start? As you noted, they’re a basketball conference with football aspirations, but ever since 1993, basketball hasn’t meant squat in relation to football.
If those northeast schools bought into Joe Paterno’s Eastern Football Conference, the Big East would have gone the way of the Atlantic 10.
18
HtownHacker Says:
December 6th, 2012 at 3:44 PM
I don’t think there was really a problem with Gavitt or Tranghese being Commissioner. Football was not really a big deal in that time period. They didn’t see the handwriting on the wall when they went to Marinatto.
19
cleet Says:
December 6th, 2012 at 3:48 PM
It’s amazing how much influence one tiny school with no football (and lousy basketball) has had in that conference.
Where’s you God Shammgod now?
20
vajayjay redick Says:
December 6th, 2012 at 3:51 PM
In all fairness, Tranghese/Gavitt wanted to add Penn State but the basketball-only schools (pretty much everybody but BC, Pitt, and Syracuse) said no because PSU was horrible at basketball. Huge mistake and lack of vision.
21
HtownHacker Says:
December 6th, 2012 at 3:58 PM
Where’s you God Shammgod now?
Made a mistake coming out early.
22
gfunk supreme Says:
December 6th, 2012 at 3:59 PM
Huge mistake and lack of vision.
Wouldn’t Penn State have just left in 2004 or at some point since like any other decent football school?
I have no reason for taking such great pleasure in the collapse of the Big East, but I do.
23
HtownHacker Says:
December 6th, 2012 at 4:04 PM
Wouldn’t Penn State have just left in 2004 or at some point since like any other decent football school?
I guess we’ll never know. Would PSU’s inclusion have resulted in Miami, BC, VT hanging around? Who knows?
24
spencer096 Says:
December 6th, 2012 at 4:06 PM
Instead of having its media day in New York. The Big East has its media day in Newport, Rhode Island.
i see that as an upgrade.
25
dikembemutomballs Says:
December 6th, 2012 at 4:07 PM
I don’t pity UConn. They’ve been turning a blind eye to Calhoun’s academic antics for years. It was bound to cost them sometime.
Sucks to be the Big East. I would’ve figured NBCSN or CBS College Sports would’ve thought about overpaying just to get rights away from ESPN…Guess the Big East is so lowly it’s not even worth overbidding to edge in to the competition’s marketplace even though you desperately need that in….
26
Milk Steak To Go Says:
December 6th, 2012 at 4:08 PM
Football was not really a big deal in that time period.
By “not a big deal,” what do you mean? Of course it wasn’t what it is in 2012, but in 1994 with schools leaving the CFA and negotiating their own rights, the handwriting was on the wall. This put money directly into schools coffers, while most of the largest payday in basketball, the NCAA Tournament, went to the NCAA.
27
Some Random Old Dude Says:
December 6th, 2012 at 4:09 PM
The freaking Pac 12 has a media day in New York.
The hell? I never thought about it, but dang.
28
starkweather Says:
December 6th, 2012 at 4:10 PM
I have no reason for taking such great pleasure in the collapse of the Big East, but I do.
I love the Big East but I’m only worried about what raft Georgetown is going to have to ride to the shore.
29
HtownHacker Says:
December 6th, 2012 at 4:11 PM
By “not a big deal,” what do you mean?
Poorly worded. I meant a big deal as far as conference composition, defection, etc. I would guess that the ratio of football revenue to basketball revenue has increased significantly as well, though I could be wrong.
30
spencer096 Says:
December 6th, 2012 at 4:11 PM
The hell? I never thought about it, but dang.
agreed one’s better off not thinking of pac-12 football.
31
dikembemutomballs Says:
December 6th, 2012 at 4:12 PM
I’m only worried about what raft Georgetown is going to have to ride to the shore.
Bump football up to D-I and start sucking off the ACC brass would be my escape route.
32
sctrojans Says:
December 6th, 2012 at 4:15 PM
I don’t pity UConn. They’ve been turning a blind eye to Calhoun’s academic antics for years. It was bound to cost them sometime.
Complete garbage…#NCAA is a farce
33
starkweather Says:
December 6th, 2012 at 4:19 PM
Bump football up to D-I and start sucking off the ACC brass would be my escape route.
With the resources that GU would likely throw at football they could quickly set a new benchmark for worst 1-A program
34
HtownHacker Says:
December 6th, 2012 at 4:21 PM
FWIW I just got this tweet:
Big East commish on TV $: “When you see reports on TV and revenue, just ignore it. … Haven’t talked to any networks yet about valuations”
35
Milk Steak To Go Says:
December 6th, 2012 at 4:26 PM
If you didn’t realize by 1994 (Big XII, SEC and CBS) that football was driving the bus, you deserve what you get.