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ESPN contract with the SEC
Posted on 4/26/17 at 12:50 pm
Posted on 4/26/17 at 12:50 pm
expires in 2025 - right?
Deal was 15 years, signed in 2008 & started for the 2009-2010 season
so that means it expires after the 2024-2025 season
We have been hearing rumblings from Disney about frustration about ESPN's financial situation
Outside of a bankruptcy, is there anything the network could do to weasel out of all or part of their deal with the SEC?
If they actually do file bankruptcy, could Disney potentially be on the hook for the deal?
Anyway, I think it is very safe to say that the conference will not be able to renew with a deal that is anywhere near as lucrative as the one it has now
So, in 8 years, every school will likely be looking at smaller budgets for athletics
Time to start planning for that now..
Deal was 15 years, signed in 2008 & started for the 2009-2010 season
so that means it expires after the 2024-2025 season
We have been hearing rumblings from Disney about frustration about ESPN's financial situation
Outside of a bankruptcy, is there anything the network could do to weasel out of all or part of their deal with the SEC?
If they actually do file bankruptcy, could Disney potentially be on the hook for the deal?
Anyway, I think it is very safe to say that the conference will not be able to renew with a deal that is anywhere near as lucrative as the one it has now
So, in 8 years, every school will likely be looking at smaller budgets for athletics
Time to start planning for that now..
2
Posted on 4/26/17 at 12:57 pm to dcbl
The SEC Network has been perhaps its most profitable enterprise in the last 5 years.
ESPN's issue is a subscriber problem choosing al a carte channels.
There was literally a petition with people demanding the SECN in their area and cable system. It was described as the most successful launch in cable tv history.
Safe to say the SECN is insulated from the bloodbath going on today.
ESPN's issue is a subscriber problem choosing al a carte channels.
There was literally a petition with people demanding the SECN in their area and cable system. It was described as the most successful launch in cable tv history.
Safe to say the SECN is insulated from the bloodbath going on today.
Posted on 4/26/17 at 1:00 pm to secuniversity
quote:
ESPN's issue is a subscriber problem choosing al a carte channels.
That and ESPN is paying something like 1.5B per year for the NBA and 1.9B per year for the NFL. They have over-extended themselves and the employees are paying for their stupidity.
Posted on 4/26/17 at 1:07 pm to secuniversity
quote:
Safe to say the SECN is insulated from the bloodbath going on today.
OK, but I am talking about more than just the SECN; I am talking about the deal we have with them in total
I just can't see them ponying up another $2 Billion, nor do I expect that anyone else will either
But anything can change in 8 years
Posted on 4/26/17 at 1:11 pm to dcbl
A bigger issue is that SEC schools are addicted to the ESPN money stream and it will likely go down in the future. I think we will see a similar trend in many college stadiums as the number of folks going to college football nationally will go down. Sports is in a bubble situation at this moment in time.
Posted on 4/26/17 at 1:11 pm to dcbl
The environment will change in 8 years so who knows.
The reason CBS got the SEC so cheap was that the SEC signed theirs first...then the B1G signed theirs with FOX just a year later for a LOT more.
So it'll be difficult to predict in 8 years. The SEC may have better options and ESPN will have to compete against someone else for an "SEC Network."
The reason CBS got the SEC so cheap was that the SEC signed theirs first...then the B1G signed theirs with FOX just a year later for a LOT more.
So it'll be difficult to predict in 8 years. The SEC may have better options and ESPN will have to compete against someone else for an "SEC Network."
This post was edited on 4/26/17 at 1:12 pm
Posted on 4/26/17 at 1:12 pm to dcbl
I would like to see ESPN not honor their contract with the SECN. IMO, the SEC could own the SECN, with ESPN spending the money to start it up, and that would mean even more money per year for each school.
Posted on 4/26/17 at 1:24 pm to dcbl
Seems like a bigger issue is their ridiculous NBA contract. When that gets renewed and player salaries get hit, you could see the mother of all work stoppages.
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