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re: Simple math to explain expansion appetite
Posted on 5/13/16 at 12:20 am to tmc94
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?
1
Posted on 5/13/16 at 12:25 am to Ag Zwin
quote:
the annual "profit"
I'm not reading it but I'd start by pointing out that profit =/= revenue
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