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re: Simple math to explain expansion appetite
Posted on 5/13/16 at 12:05 am to texag7
Posted on 5/13/16 at 12:05 am to texag7
I either wasn't clear in my explanation or you didn't understand the math
SECN $ are about $5m per school
TV revenue is about $35m ($5 is a little less than 15% of that)
Ticket sales incl donations are about $65m (35m is a little more than 50%)
A&M's school revenue far exceeds $1bn annually ($65m is less than 5% of it easily)
SECN $ are about $5m per school
TV revenue is about $35m ($5 is a little less than 15% of that)
Ticket sales incl donations are about $65m (35m is a little more than 50%)
A&M's school revenue far exceeds $1bn annually ($65m is less than 5% of it easily)
Posted on 5/13/16 at 12:08 am to tmc94
Link?
From what I've read most of the 32.7 mil paid out to each school was largely due in part to the SEC Network
From what I've read most of the 32.7 mil paid out to each school was largely due in part to the SEC Network
Posted on 5/13/16 at 12:20 am to tmc94
quote:
SECN $ are about $5m per school
According to this FOX Sports article, the annual "profit" for for the SEC Network (revenue less direct costs) was expected to be about $550 million.
So, are you telling me that Mike Slive, widely regarded as one of the best negotiators in sports, took a deal that gave $70 million to SEC schools (and maybe a little more to the SEC offices), and the other $480 million goes to ESPN?
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