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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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    Yes, this is horsehockey, if true.
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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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