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Pac-12 zooms past Big Ten, SEC in college sports revenue
Posted on 5/25/14 at 1:47 pm
Posted on 5/25/14 at 1:47 pm
In case anyone had any doubt as to why their cable bill is about to increase to fund the SEC Network...
LINK
LINK
quote:
The college athletics conference financial pecking order has received a jolt – the Pacific-12 Conference new federal tax return shows it had more revenue during the 2012-13 fiscal year than either the Big Ten or Southeastern Conference.
The Pac-12 reported $334 million in total revenue for a fiscal year ending June 30, 2013, the first that reflects the conference's 12-year, $3 billion TV rights deals with ESPN and Fox; the debut of the wholly conference-owned Pac-12 Networks; and operations of the conference's nascent marketing and media arm, Pac-12 Enterprises.
That total represents a $158.1 million increase in revenue over what the conference reported for the 2011-12 fiscal year and a more than tripling of the $111.8 million that the Pac-12 reported for 2010-11.
The Big Ten recently reported $318.4 million in total revenue for a fiscal year ending June 30, 2013. The SEC reported $314.5 million reported for a fiscal year that ended Aug. 31, 2013.
Posted on 5/25/14 at 1:50 pm to Surd
what cable bill?
There needs to be a sports only option. I don't want to pay for the rest of these horrible channels.
There needs to be a sports only option. I don't want to pay for the rest of these horrible channels.
Posted on 5/25/14 at 1:53 pm to Surd
What will the SECs revenue be with the SEC Network?
Posted on 5/25/14 at 1:54 pm to Surd
quote:
Pac-12 zooms past Big Ten, SEC in college sports revenue
PAC = 12 teams (conference owns 100% of PTN)
B12 = 14 teams (conference owns 50% of BTN)
SEC = 14 teams (conference owns 0% of SECTV)
As 12 team conference that is 28 million per school
As 14 team conference that is 24 million per school
Posted on 5/25/14 at 2:00 pm to Surd
Never a fan of these "conference networks" but if one was going to work - it is the Pac-12 - because they have a long history of watching support - these little sports - like LSU follows baseball - Pac-12 follows other not only that but other so called bullshite sports like water polo, track and field and volleyball.
Posted on 5/25/14 at 2:24 pm to Surd
So much wrong with that article it's ridiculous. For starters the PAC totally owns their network which is common knowledge that it is really having problems with distribution. That means they have a boatload more expenses coming out of that total revenue. Also they're not comparing the same thing with other conferences. That Pac 12 number includes everything they get total from all 3 media tiers. The other conferences numbers don't include tier 3 money which is a nice chunk of change. For example that doesn't include Geauxzone and CST for LSU. So Hell no the Pac isn't making more than anyone else, and when the SEC network is launched it will blow the Pac Network out of the water from the beginning.
Posted on 5/25/14 at 3:13 pm to Surd
More revenue doesn't necessarily mean more profit for the PAC12, would be curious to see how much they spent in the same period.
This post was edited on 5/25/14 at 3:18 pm
Posted on 5/25/14 at 3:18 pm to Surd
Who watches the PAC 12? Somebody over paid, bad.
Posted on 5/25/14 at 6:36 pm to Surd
They own all their network, correct?
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