re: SEC Network, the thread

quote:

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I would like Directv to sign on because we could see $15 million per team, which is the magic point where Texas traded a good conference and rivalies to make the same Tier 3 money as Mississippi State.

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Inaccurate. Don't be fooled by LHN math. ESPN agreed to pay $300m over 20 years but that <> tu getting $15m per year no matter how many times that is repeated.

per Bloomberg

quote:

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After IMG agreed to cede its claim, Texas attracted offers from ESPN, Fox and two groups of investors with media industry and sports experience that were interested in selling a channel to distributors, Plonsky said. She declined to identify the investor groups. Fox Sports spokesman Lou D’Ermilio confirmed the company bid, without saying how much.

The school will pay IMG 17.5 percent of the $300 million.

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And despite the constant $15m distribution, that's also not correct. It's graduated at 3% annually with the first year paying $11m. This school year will be the 4th year. That means the payout will only be ~$12m in total, which makes their cut approximately $9.9m.

If the SECN distribution is $10m this year, it will already equal LHN