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Thread: Maryland gets travel subsidy from BIG TEN worth tens of millions

  1. #1
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    Maryland gets travel subsidy from BIG TEN worth tens of millions

    this is crap...why dont we get one too?


    http://www.baltimoresun.com/sports/t...,1297978.story



    The University of Maryland's deal to join the Big Ten includes not only the lucrative annual payouts that all members receive, but also a significant concession obtained by the school — a subsidy worth tens of millions of dollars from the conference to offset athletic teams' anticipated higher travel costs, according to multiple sources.
    The subsidy, which Maryland was promised in negotiations with the conference late last year, made an already appealing offer of Big Ten membership even more attractive to the school.

    Since financial details of the agreement are kept private — the amount of the subsidy is not publicly available. But the amount is in the range of $20 million to $30 million, according to sources familiar with the deal.

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    Does Nebraska receive this same travel subsidy? Just curious if anyone knows.

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    Or, if Maryland plays ONLY road games, then I guess this is OK.
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    Quote Originally Posted by Husker Country Doc View Post
    Or, if Maryland plays ONLY road games, then I guess this is OK.
    Might have more attendence that way
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    BWI probably charges more for gate fees than LNK.
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    Not all deals are the same so I would guess NU didn't get anything of the sort... We were blinded by Texas and just wanted to get out... This blows if true...

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    Exclamation Maryland deal includes multimillion-dollar travel subsidy from Big Ten

    Talk about giving the house away for TV sets....I hope the ratings ($$) make this worth while.....would be curious to know which schools/ADs objected to this....


    The University of Maryland's deal to join the Big Ten includes not only the lucrative annual payouts that all members receive, but also a significant concession obtained by the school — a subsidy worth tens of millions of dollars from the conference to offset athletic teams' anticipated higher travel costs, according to multiple sources.

    Since financial details of the agreement are kept private — the amount of the subsidy is not publicly available. But the amount is in the range of $20 million to $30 million, according to sources familiar with the deal.
    Maryland got the subsidy after assessing the travel-cost implications of leaving the Atlantic Coast Conference, its home for 60 years.

    The cost of sending its teams halfway across the country — as far away as Lincoln, Neb. (1,201 miles), and Iowa City, Iowa (905 miles) — was projected by the school to approximately double its travel budget.

    The subsidy underscores how much the Big Ten coveted Maryland and the accompanying Baltimore-Washington television market. Maryland had some leverage in the talks because — unlike some schools exploring jumping conferences — it was not coming from a league, the ACC, that appears in imminent danger of collapse.

    Much, much more of a long and informative article here: http://articles.baltimoresun.com/201...tic-department
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    Let's keep in mind that NU has a VERY successful football program while Maryland does not. Travel expenses for the Terps would have buried them in terms of making money. You cannot afford to run your AD without a profit from football.

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    The final sentence of RR's quote pretty much sums up the difference between Maryland and Nebraska.

    "Maryland had some leverage in the talks because — unlike some schools exploring jumping conferences — it was not coming from a league, the ACC, that appears in imminent danger of collapse."

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    Quote Originally Posted by SoCalRed View Post
    Let's keep in mind that NU has a VERY successful football program while Maryland does not. Travel expenses for the Terps would have buried them in terms of making money. You cannot afford to run your AD without a profit from football.
    Remember though their biggest booster is an ex player that created Under Armour ...rumor was he was going to foot the entire fee for leaving the ACC

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    So Maryland makes a better deal then we did, good for them, bad for us!
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    If there is a travel subsidy, Is it a one-time payment, permanent subsidy, or does it phase out after a period of time (like Nebraska's share of BIG revenues phases in to full participation)?
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    Maryland definitely got a better deal than NU did. But keep in mind there athletic department was in bad shape. Bottom line is, they wouldn't have left without a better deal than NU got, because they probably couldn't have unless what mjw says is true. The whole Maryland thing continues to be underwhelming to me.

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    I'm starting to turn on Delaney. This makes zero sense. If Maryland gets their regular Big Ten share plus a $25 million travel subsidy, the math just doesn't work. This is a sure money-loser for the conference. Maryland vs. Big Ten isn't going to do anything for the Tier 1 negotiations, so this is all about the BTN.

    The most optimstic estimate I've seen puts incremental revenue at $100 million per year from cable subscibers in the northeast corridor. This is for both Rutgers and Maryland. Even if you generously assume Marlyand accounts for half of the total, $50 million divided by 14 mouths is an additional $3.5 million per school. If Marlyand gets $25 million for travel, then they are basically keeping half of their incremental revenue. This leaves a paltry $1.75 million per school, which ironically will not even come close to covering the cost of travel for teams' visits to Maryland.

    I'm starting to think PSU was in serious talks to join the ACC, and that this move was 100% about placating them.
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  16. #16
    I don't think Delaney would give away the farm (nor would the other B1G institutions allow it) merely to placate PSU. I do think that with Fox Sports - major owner of BTN - preparing to take on ESPN, there might be some background machinations going on. Perhaps BTN is preparing to expand and take on a bigger role as well. If so, they will need content. The best way to get content that advertisers will pay for is to expand the conference. The B1G will very likely be making more waves with expansion when the whole Maryland/ACC lawsuit is settled and the remaining ACC members find out how much it will cost them to jump as well. If the conference can leverage their television rights maximally, the Maryland travel subsidy will be a drop in the bucket.

    For now, I'll trust that Delaney's vision for the future of the conference and the BTN is not shortsighted nor is it focused merely on keeping one member happy. We'll see how it plays out.

  17. #17
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    In any event, the amounts (and terms) being bandied about seem ludicrous. Reporting credibility issues?
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    Quote Originally Posted by Red Reign View Post
    Talk about giving the house away for TV sets....I hope the ratings ($$) make this worth while.....would be curious to know which schools/ADs objected to this....





    Much, much more of a long and informative article here: http://articles.baltimoresun.com/201...tic-department
    Yep...this is all about TV sets..and the Huskers don't have enough of them...so we'll always be getting the shortend of the stick

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    Quote Originally Posted by Red Don View Post
    If there is a travel subsidy, Is it a one-time payment, permanent subsidy, or does it phase out after a period of time (like Nebraska's share of BIG revenues phases in to full participation)?
    I just logged in to comment on this as I was reading the article somewhere else.....It BETTER be a one time deal.......and this leads me to think it is a one time deal: from the article: "It was not clear when the subsidy is to be received and whether it will be a lump sum or series of payments." So I see it being a ONE-TIME deal for 20-30 Million.....sucks but that is better than annually getting millions for the rest of time for "travel" cause their program sucks so much!!

    As excited as I was to be in the B1G, I am really starting to not like the direction it is going....adding horrible teams from the WAY EAST....with more to come!! And we are the GREAT WEST now!! We will travel further than ANYONE with the exception of the furthest east team.

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    Would seem that this will be one time deal to help Maryland with ACC buy out. Not sure , of course. Wonder if Maryland and Rutgers and will immediately get full BTN share, or will have wait as NU is?




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