Trouble in the west?

[uga8766]

Pac-12 Seeking $750M Investment For Schools, TV Networks

 

[Wild Turkey]

Pac-12 Seeking $750M Investment For Schools, TV Networks

It's a 30mm investment for 25 years if I'm reading it right. That's not a bad deal if you get SEC network type rights for the money. The problem for the PAC is by the end of the contract it should be grossly under valued.

Take the SEC CBS deal which is currently 55mm a year and ends in 2023. That deal should be worth a minimum of 150mm when it comes back up assuming the SEC doesn't start its own streaming service.

Monday night football alone currently cost ESPN 1b a year which is ridiculous money and won't renew at that. However it shows the college deals are still undervalued.

If I'm Amazon, HULU or Netflix I jump on this.

 

[4down20]

It's a 30mm investment for 25 years if I'm reading it right. That's not a bad deal if you get SEC network type rights for the money. The problem for the PAC is by the end of the contract it should be grossly under valued.

Take the SEC CBS deal which is currently 55mm a year and ends in 2023. That deal should be worth a minimum of 150mm when it comes back up assuming the SEC doesn't start its own streaming service.

Monday night football alone currently cost ESPN 1b a year which is ridiculous money and won't renew at that. However it shows the college deals are still undervalued.

If I'm Amazon, HULU or Netflix I jump on this.

:useful:

 

[uga8766]

It's a 30mm investment for 25 years if I'm reading it right. That's not a bad deal if you get SEC network type rights for the money. The problem for the PAC is by the end of the contract it should be grossly under valued.

Take the SEC CBS deal which is currently 55mm a year and ends in 2023. That deal should be worth a minimum of 150mm when it comes back up assuming the SEC doesn't start its own streaming service.

Monday night football alone currently cost ESPN 1b a year which is ridiculous money and won't renew at that. However it shows the college deals are still undervalued.

If I'm Amazon, HULU or Netflix I jump on this.

I read $100 million minimum paid up front.

 

[DHoey]

Larry Scott has ran that conference into the ground.

 

[Wild Turkey]

I read $100 million minimum paid up front.

It’s still a good deal when you average it out. To put it into perspective Amazon is paying $250mm just for the rights to LOTR with a production budget of 100 to 150mm per season (probably 5 year commitment so 750mm total investment minimum),

The PAC deal would give them 25 years exclusive rights which done correctly could pay for themselves through selling ads.

Someone will jump on this and the PAC will regret it big time 10 years from now.

 

[BamaDude]

Pac-12 Seeking $750M Investment For Schools, TV Networks

It's a Ponzi scheme! Stay away!

 

[7Samurai13]

It's a Ponzi scheme! Stay away!

That’s what Oklahoma has been saying for years.

 

[AlaskaGuy]

 

[Kaplony]

Tarheel Johnny Swofford says a prayer of thanks every night before bed because of Larry Scott. As long as Scott is in charge of the Pac 12 Swofford simply can't be the dumbest P5 commissioner.

 

[michaeljordan_fan]

Yes the PAC-12 networks need help. Sacrificing the biggest cash cow for the conference in order to get it seems like it isn't the wisest move.

Also, it would be foolish to think that Larry Scott would unilaterally reject ESPN's offer without consulting the University Presidents.

 

[Wild Turkey]

That article cut off as it requires a subscription. Give us the highlights.

 

[AlaskaGuy]

That article cut off as it requires a subscription. Give us the highlights.

I didn't actually read it. I saw it posted on FB.

 

[Wild Turkey]

I didn't actually read it. I saw it posted on FB.

It makes complete sense that the one thing you've ever posted that is even remotely interesting is something you actually can't deliver.

 

[AlaskaGuy]

It makes complete sense that the one thing you've ever posted that is even remotely interesting is something you actually can't deliver.

 

[7Samurai13]

Looks like he is offering you an old fashion, @Wild Turkey

 

[michaeljordan_fan]

Looks like he is offering you an old fashion, @Wild Turkey

Bottoms up!

 

[wazzu31]

This is a desperate move by Larry Scott and if any university president or chancellor gave two shits about sports that dude would not have a job let alone would never have been hired. If some firm or company does sign onto forking over money the conference will be downsized greatly first with Larry Scott and his cronies who are stealing money.