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re: Every SEC School will Make Serious Money--More than ND, Texas
Posted on 7/23/14 at 1:14 pm to Tiguar
Posted on 7/23/14 at 1:14 pm to Tiguar
quote:
Schools should seriously consider going down on ticket pricing/donation reqs, at least a little bit. Give something back to the fans that make their fat tv contract so.. fat.
Ticket prices only go down when schools are not winning and there are empty seats ... ala Tennessee. But it's rare and it never sticks. Prices will only continue to rise as long as tickets are selling and there are 85-90% of the seats being filled.
Sell-outs are one thing, attendance is another. ADs are looking for balance. If every game is completely packed then they take into consideration concessions. But few programs fill 100% of their seats for every game these days ... thanks to TV.
I was told, and this was a few years ago but it probably still applies, that you have to rake in $300 per square yard of seating space in a stadium before you break even ... that's the industry standard. I'm talking just ticket sales, gear sales on game day and concession sales ... that is not counting TV revenue. TV revenue is the gravy if you are not hitting that $300 per square yard of seating space figure, otherwise you have to dip into TV revenue to pay game day bills when TV revenue is supposed to go towards recruiting, facilities, etc.
Booster money is supposed to go towards facilities, recruiting and scholarships as well.
The object of every AD's budget is for that stadium to pay for its own operating costs - to be self sustaining even including basic maintenance and upkeep.
Ticket prices will not go down.
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Posted on 7/23/14 at 1:21 pm to Smoke Ring
quote:
$611 million
ESPN owns 50% of the network, so they get half of this. Not that $305 million is bad thing.
This post was edited on 7/23/14 at 1:24 pm
Posted on 7/23/14 at 1:23 pm to Smoke Ring
quote:
According to the Sports Business Journal Comcast will be paying $1.40 per month in the 11 state SEC footprint. There are roughly 28 million cable and satellite subscribers in the 11 state SEC footprint and another 47 million outside the SEC. Those cable and satellite subscribers outside the footprint will be paying just .25 a month. So the vast majority of the SEC Network money will be coming from SEC fans, which makes total sense.
And this is why we have aTm & Mizzou in the SEC instead of FSU & Clemson, and why if we ever do expand to 16 it won't include FSU or Clemson or any other school that is in a state that already has an SEC school in it.
Actually, having two Alabama, Mississippi and Tennessee schools is holding us back from maximizing our SECN revenue potential.
This post was edited on 7/23/14 at 1:26 pm
Posted on 7/23/14 at 1:24 pm to Bamatab
quote:
Actually, having two Alabama, Mississippi and Tennessee schools is holding us back from maximizing our SECN revenue potential.
Posted on 7/23/14 at 1:25 pm to AnonymousTiger
quote:
ESPN owns 50% of the network, so they get half of this. Not that $305 million is bad.
That is still almost $22 mil per school for the SECN alone. And that only includes subscriber fees, and doesn't take advertising dollars into account.
This post was edited on 7/23/14 at 1:25 pm
Posted on 7/23/14 at 1:26 pm to roadGator
Yeah, I somehow left that out. I've corrected it.
Posted on 7/23/14 at 1:31 pm to Bamatab
quote:
Actually, having two Alabama, Mississippi and Tennessee schools is holding us back from maximizing our SECN revenue potential.
FWIW, Alabama has one of the largest college football TV markets/viewership in the US
Posted on 7/23/14 at 1:32 pm to Bamatab
quote:
That is still almost $22 mil per school
I believe it was Travis that proclaimed SECN would bring in 50mil+/yr per team. Looks like he and many others were a bit off.
Posted on 7/23/14 at 1:36 pm to Bamatab
Posted on 7/23/14 at 1:37 pm to NYCAuburn
quote:
Alabama has one of the largest college football TV markets/viewership in the US
Either Bama or Auburn has to go so we can get richer. You guys work it out.
Keep - Vandy and MSU
Bama or Aub stays? Let us know once you and the Gumps figure it out.
Posted on 7/23/14 at 1:45 pm to bona fide
quote:
I believe it was Travis that proclaimed SECN would bring in 50mil+/yr per team. Looks like he and many others were a bit off.
he never said it would be $50m in year one.
that was always going to be a few years down the line.
This post was edited on 7/23/14 at 1:46 pm
Posted on 7/23/14 at 1:46 pm to roadGator
quote:
so you guys are happy to be with us rednecks? dunnodon'twork
I lol at FSU now. They will be really mad when the final numbers come out.
We just won a national championship. What is their to be mad about? Envious yeah maybe
Finally, I have called Gators many things but Redneck is not normally a word I associate with Gator fans.
Posted on 7/23/14 at 1:46 pm to TabledTiger
quote:
Half the households and 12 million more dollars a year....that doesn't make any sense.
quote:
they charged more and pac 12 contracts negotiated at a later date.
^^^What NYC Auburn said.
The Big Ten network is nearing the end of their contract while PAC 12 network just launched. The BIG is projecting revenues of $44.5 million for each school in the 2017-2018 school year.
LINK
Posted on 7/23/14 at 1:48 pm to Socratics
quote:
What is their to be mad about? Envious yeah maybe
Green is your color anyway. Keep calm and envy on. Many of my FSU buddies will be mad. I will see to that personally.
Hind sight is 20/20 but Ole Bobby should have jumped on the SEC bandwagon once upon a time instead of taking the ACC path. Think about this: Mizzou is going to be making more than FSU.
This post was edited on 7/23/14 at 2:06 pm
Posted on 7/23/14 at 1:52 pm to SadSouthernBuck
quote:
The Big Ten network is nearing the end of their contract while PAC 12 network just launched. The BIG is projecting revenues of $44.5 million for each school in the 2017-2018 school year.
LINK
lol, poor Nubs have 4 more years of "junior" membership status, but at least they're making as much as they would if they were still stuck in the bev12.
quote:
>$611 million
ESPN owns 50% of the network, so they get half of this. Not that $305 million is bad thing.
keep in mind the 611 million is just the starting off point,
LINK explains a lot of why that is the case.
also remember ESPN will have to pay taxes on their cut and they will have to absorb the networks operating expenses from it as well, so they they won't actually be getting near that figure as net profit, just a point you need to remember.
This post was edited on 7/23/14 at 1:58 pm
Posted on 7/23/14 at 2:12 pm to scrooster
1.As the ACC doesn't have it's own conference network, nor does the Big 12, neither factors in to this conversation.
2. The city of Boston has FAR more Penn State/Ohio State/(insert bandwagon team here) fans than they do Boston College fans.
3. Miami has a horrid fanbase at best. Market-wise, Florida owns basically the entire state.
4. You can't count New York as a Big Ten State either since Rutgers is located in Piscattaway, NJ. For the 20% or less in New York that care about college football, most are Syracuse fans.
5. If you want to be technical, Las Vegas and New Mexico are PAC 12 markets.
6. The SEC pulls about 30% from Oklahoma City between Missouri and A&M.
2. The city of Boston has FAR more Penn State/Ohio State/(insert bandwagon team here) fans than they do Boston College fans.
3. Miami has a horrid fanbase at best. Market-wise, Florida owns basically the entire state.
4. You can't count New York as a Big Ten State either since Rutgers is located in Piscattaway, NJ. For the 20% or less in New York that care about college football, most are Syracuse fans.
5. If you want to be technical, Las Vegas and New Mexico are PAC 12 markets.
6. The SEC pulls about 30% from Oklahoma City between Missouri and A&M.
Posted on 7/23/14 at 2:39 pm to CGSC Lobotomy
quote:
6. The SEC pulls about 30% from Oklahoma City between Missouri and A&M.
I live in OKC and this is not even close to true. OKC is dominated by OU/oSu. I don't think I have ever met a Mizzou fan here in 15+ years. There are a few Ags though.
Posted on 7/23/14 at 4:01 pm to roadGator
quote:
75 million viewers
6 million in Missouri
They should get a proportional share.
Tx- 24 million
FL - 19 million
Big 2
Unfortunately for the SEC, the Gators are the 4th best TV draw in own their state.
2-3 million jort wearing, interior Floridians is probably more accurate.
Posted on 7/23/14 at 4:10 pm to bona fide
quote:
I believe it was Travis that proclaimed SECN would bring in 50mil+/yr per team. Looks like he and many others were a bit off.
No one ever said that.
What most educated SEC fans were saying is that, along with the SEC Network, when combined with other revenue, each school will eventually be looking at $50 million.
Now, $40 million appears to be about to happen right out of the chute.
Do you disagree? Or are you saying $50 million payout per program is not going to happen?
Posted on 7/23/14 at 4:16 pm to CGSC Lobotomy
quote:
1.As the ACC doesn't have it's own conference network, nor does the Big 12, neither factors in to this conversation.
2. The city of Boston has FAR more Penn State/Ohio State/(insert bandwagon team here) fans than they do Boston College fans.
3. Miami has a horrid fanbase at best. Market-wise, Florida owns basically the entire state.
4. You can't count New York as a Big Ten State either since Rutgers is located in Piscattaway, NJ. For the 20% or less in New York that care about college football, most are Syracuse fans.
5. If you want to be technical, Las Vegas and New Mexico are PAC 12 markets.
6. The SEC pulls about 30% from Oklahoma City between Missouri and A&M.
1 - Network or not, those are still their markets and they still sell ads based upon those markets.
2 - I can only lulz. No, PSU and OSU fans do not dominate the Boston market. Notre Dame and BC dominate the Boston market when it comes to college - that's just a fact.
3 - Miami does have a weak fanbase outside the south Florida market, but they still have their following down below Sebring and so on. And Florida, while they have the dominate following in the state of FL, they do share with FSU. Hell, for that matter the panhandle and everything around Jacksonville shares with FSU, Bama, UGA, and Auburn.
4 - No one ever claimed NY was/is a B1G state.
5 - I don't want to be "technical." I want to be accurate and you were not.
6 - I don't, not for a second, believe Ok City has that kind of SEC influence in the form of A&M and Mizzou. Had you claimed 10-20% A&M, maybe ... mayyyybe, but no, the SEC does not dominate 30% of the Ok City market.
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