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re: Simple math to explain expansion appetite
Posted on 5/13/16 at 7:02 am to Ag Zwin
Posted on 5/13/16 at 7:02 am to Ag Zwin
You're overcomplicating this honestly.
311-210 = 101. That's the entire year over year delta on tv revenue which includes annual escalators, a new ESPN contract, and SEC Network.
Even if you assigned 100% of that change to SECN it's only $6.8m per school. That's the absolute max it was last year.
311-210 = 101. That's the entire year over year delta on tv revenue which includes annual escalators, a new ESPN contract, and SEC Network.
Even if you assigned 100% of that change to SECN it's only $6.8m per school. That's the absolute max it was last year.
2
Posted on 5/13/16 at 7:21 am to tmc94
It's a big assumption to think the next round of expansion will be solely about money. Things can change this next time around
Posted on 5/13/16 at 12:29 pm to tmc94
Apologies to tmc94. I was working late last night, and started to get punchy and closed-minded.
The finances are all too murky for any of us to really know how it would work out. Maybe my framework has some value, but it really is too simplistic.
The finances are all too murky for any of us to really know how it would work out. Maybe my framework has some value, but it really is too simplistic.
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