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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 by Surd
Member since Jun 2013
52 posts
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

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 by LarrytheGolfer
Glen Iris
Member since Mar 2014
2433 posts
Posted on 5/25/14 at 1:50 pm to
what cable bill?

There needs to be a sports only option. I don't want to pay for the rest of these horrible channels.
Posted by Blake R
Member since Jun 2010
1376 posts
Posted on 5/25/14 at 1:53 pm to
No shite. Gimme all the ESPN channels, outdoor/ sportsman, and Disney jr for the kid.

ETA: I just agreed with Larry. I'm ashamed.
This post was edited on 5/25/14 at 1:54 pm
Posted by TigerCruise
Virginia Beach, VA
Member since Oct 2013
11898 posts
Posted on 5/25/14 at 1:53 pm to
What will the SECs revenue be with the SEC Network?
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54621 posts
Posted on 5/25/14 at 1:54 pm to
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 by Zamoro10
Member since Jul 2008
14743 posts
Posted on 5/25/14 at 2:00 pm to
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 by Guess
Down The Road
Member since Jun 2009
3768 posts
Posted on 5/25/14 at 2:24 pm to
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 by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 5/25/14 at 2:27 pm to
Pac12 also has very passionate basketball fanbases
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54621 posts
Posted on 5/25/14 at 2:33 pm to
quote:

The other conferences numbers don't include tier 3 money which is a nice chunk of change.


It was my understanding that the Tier III stuff had been repurchased to make this go and that they ended with this SEC TV deal starting.
Posted by Guess
Down The Road
Member since Jun 2009
3768 posts
Posted on 5/25/14 at 3:13 pm to
quote:

It was my understanding that the Tier III stuff had been repurchased to make this go and that they ended with this SEC TV deal starting.


It was always my understanding that each school had one football game each year that they controlled and that's the game that ended up on pay per view or wherever. After CBS got it's pick ESPN and Disney were required to put all other SEC football games on one of their outlets except for those school controlled games. The SEC network came around to include those school controlled games and to give ESPN/Disney another outlet to play all those other SEC games. Too much SEC content was becoming a problem for them. I'm not sure about baseball and basketball, but I don't think ESPN owned it all, even if they did and it was repurchased, it was done to make money and not lose money and that extra money still isn't included in SEC numbers.
Posted by AlabamaTiger256
Alabama
Member since Dec 2011
21 posts
Posted on 5/25/14 at 3:13 pm to
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 by Old Hellen Yeller
New Orleans
Member since Jan 2014
9415 posts
Posted on 5/25/14 at 3:18 pm to
Who watches the PAC 12? Somebody over paid, bad.
Posted by Guess
Down The Road
Member since Jun 2009
3768 posts
Posted on 5/25/14 at 3:37 pm to
quote:

Still, distributions to member schools grew substantially in what was the conference's first year of nearly equal revenue sharing. Each of the 11 schools other than Utah received about $19.8 million (Utah received $10.2 million, although fellow conference newcomer Colorado received a full share). For Arizona, Oregon State and Washington State, that meant a near-doubling of their money from the conference in one year. For Oregon and Stanford, it meant increases of more than $4 million.


From the same link and that includes everything.

quote:

SEC schools received an average payout of $20.8 million from the conference in 2012-13, the first academic year with Texas A&M and Missouri, according to the SEC's new federal tax return.


LINK

SEC schools got a million more in conference payout for the same period, and that's before for you even take into consideration school controlled money.
This post was edited on 5/25/14 at 3:39 pm
Posted by Guess
Down The Road
Member since Jun 2009
3768 posts
Posted on 5/25/14 at 3:54 pm to
quote:

Never a fan of these "conference networks" but if one was going to work - it is the Pac-12


The Pac 12 network is actually the one having the most trouble right now. They took on a lot of expense and risk by building it on their own, plus they don't have a huge force like Fox for the Big1G and the ultimate force of ESPN/Disney for the SEC network negotiating carriage for them. Their model of a national and regional networks sounds great until you realize that live sports is whats going to drive the bus in profit for these networks, and the Pac may have over extended itself with what amounts to 7 networks that they have to provide content for. They are out there on an island which protects them in some ways, but they have all kinds of trouble with ratings east of the Rockies and especially east of the Mississippi where most of the country's population is located, that's why they desperately want into the central time zone.
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54621 posts
Posted on 5/25/14 at 4:00 pm to
quote:

More revenue doesn't necessarily mean more profit for the PAC12, would be curious to see how much they spent in the same period.


Start up can be hefty, but once and running it gets pretty cheap. The big issue with revenue is both the BTN and PTN get secondary boost from advertising revenues.

Say the PAC gets 75 cents in carriage and 10 cents in ad revenue, the real boost is the back end if carriage goes to 1 dollar and ad revenue goes to 2 dollars. The downside to the SEC deal is they get no ad revenue during the life of the deal as ESPN pockets that money so the mouse gets fatter. Disney is fast becoming the bloated rat.
Posted by Dr RC
The Money Pit
Member since Aug 2011
58042 posts
Posted on 5/25/14 at 5:23 pm to
if you dont live in the footprint for those conferences the networks you are talking about are on the sports package.

so you are pretty much bitching about nothing.


and for what feels like the millionth time, if cable goes a la carte there is absolutely no way in hell you are going to get the specific channels you are going to want for cheaper than what a bundled bill brings them to you for.
This post was edited on 5/25/14 at 5:25 pm
Posted by TheCheshireHog
Cashew Chicken Country
Member since Oct 2010
40859 posts
Posted on 5/25/14 at 5:30 pm to
quote:

Who watches the PAC 12? Somebody over paid, bad.


Uh the western half of the United States.
This post was edited on 5/25/14 at 5:30 pm
Posted by TeLeFaWx
Dallas, TX
Member since Aug 2011
29178 posts
Posted on 5/25/14 at 6:36 pm to
They own all their network, correct?
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54621 posts
Posted on 5/25/14 at 6:49 pm to
quote:

They own all their network, correct?


Correct

100% of carriage + 100% of advertising.

Of all the Big 5 they have the biggest upside by the time contracts renegotiate around 2024. Having only 12 teams also means fewer slices of the pie. Unlike the B12, they have a solid footprint with growing states, a natural moat, and monopoly pricing power.
Posted by Zamoro10
Member since Jul 2008
14743 posts
Posted on 5/25/14 at 6:51 pm to
quote:



The Pac 12 network is actually the one having the most trouble right now.


I didn't know that.

The new commish has been overly aggressive after that piece of shite lazy phuck was finally replaced.

But yeah, it's only 4.3 million in new funds.

So that's only $800,000 per school.

At least - it isn't bankrupt.

I think the commish is banking on getting into the overseas market - especially Asia - as the Pac-12 has the most international student athletes of any conference by far.
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