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re: Some recent info on media rights money...
Posted on 6/30/17 at 11:25 pm to The Winner
Posted on 6/30/17 at 11:25 pm to The Winner
My God, how do you people, suffering with only an aggy-level education in financial literacy, function in society?
The LHN deal isn't a media rights deal. It is a licensing agreement. ESPN pays an annual licensing fee to the university. The ESPN deal with the SEC member schools is a media rights deal where the net revenue is shared between ESPN and the conference. The difference is that the UT/ESPN/LHN deal offers a set amount each year that is independent of the number of ESPN subscribers. The ESPN/SEC deal exposes the member schools to cord-cutting and declining subscriber numbers.
Look at Item 15 "Royalties, Licensing, Advertisements and Sponsorships." P5 on the aggy report, P4 on the UT report. UT kicks the ever living shite out of aggy, in part because of the LHN licensing payment. And remember, this report doesn't include the 15 year, $250 million NIKE deal that kicked in in late 2016.
The aggy Adidas deal is for $4.5 million in uniforms (retail prices) and $2.6 million in cash annually. The new UT/NIKE deal was for $20 million upfront (not included in the linked report), $6.5 million annually in cash as a base amount, uniforms and apparel, etc, etc. That works out to over $16 million/yr.
UT has higher ticket sales than aggy, lower debt service, higher NCAA distributions, higher conference distributions, higher concession sales, higher athletics endowment income.
Do you people not read or do you not understand what you read? Which is it? Help me out here.
The LHN deal isn't a media rights deal. It is a licensing agreement. ESPN pays an annual licensing fee to the university. The ESPN deal with the SEC member schools is a media rights deal where the net revenue is shared between ESPN and the conference. The difference is that the UT/ESPN/LHN deal offers a set amount each year that is independent of the number of ESPN subscribers. The ESPN/SEC deal exposes the member schools to cord-cutting and declining subscriber numbers.
Look at Item 15 "Royalties, Licensing, Advertisements and Sponsorships." P5 on the aggy report, P4 on the UT report. UT kicks the ever living shite out of aggy, in part because of the LHN licensing payment. And remember, this report doesn't include the 15 year, $250 million NIKE deal that kicked in in late 2016.
The aggy Adidas deal is for $4.5 million in uniforms (retail prices) and $2.6 million in cash annually. The new UT/NIKE deal was for $20 million upfront (not included in the linked report), $6.5 million annually in cash as a base amount, uniforms and apparel, etc, etc. That works out to over $16 million/yr.
UT has higher ticket sales than aggy, lower debt service, higher NCAA distributions, higher conference distributions, higher concession sales, higher athletics endowment income.
Do you people not read or do you not understand what you read? Which is it? Help me out here.
This post was edited on 6/30/17 at 11:35 pm
2
Posted on 6/30/17 at 11:35 pm to Randolph Duke
quote:
The LHN deal isn't a media rights deal.
Ha! You are a special kind of delusional, Randy.
Somebody go find those posts with Randy talking about how much financially worse off A&M was going to be in the SEC than the Big 12.
This post was edited on 6/30/17 at 11:42 pm
Posted on 6/30/17 at 11:39 pm to Randolph Duke
Who fricking cares about all this anyways?
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