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B1G Media Deal Announcement
- Thread starter Merkules
- Start date
It needs to exceed 1.2billionfor75 million per school. Thats Notre Dame territory
B1G deal a done deal
www.si.com
Big Ten announces new multi-billion-dollar media rights deal - Sports Illustrated
Here is how fans can watch football, basketball and more after the 2022-23 season.
www.si.com
Big Ten announces new multi-billion-dollar media rights deal - Sports Illustrated
Here is how fans can watch football, basketball and more after the 2022-23 season.
www.si.com
So around 65-70 million per team
The long-awaited Big Ten media rights deal is now official and, as anticipated, it is a revenue geyser: a seven-year agreement with multiple broadcast partners worth more than $7 billion plus escalators, sources told Sports Illustrated. The back-loaded deal, which begins in 2023, averages out to more than $1 billion annually.
The agreement with Fox, CBS and NBC comes with this caveat from a Big Ten source: “We are not done expanding.”
Here's the breakdown by network. It's all covered on traditional cable, save for Peacock, which will carry 8 football games per year. I'm not too concerned about it, but there's an off-chance that future NU games against clunker non-conference teams could be one of those eight games. Over the next several years, our future non-cons include Louisiana Tech, Northern Illinois, UTEP, Akron, North Dakota and State Dakota State,
The agreement with Fox, CBS and NBC comes with this caveat from a Big Ten source: “We are not done expanding.”
Here's the breakdown by network. It's all covered on traditional cable, save for Peacock, which will carry 8 football games per year. I'm not too concerned about it, but there's an off-chance that future NU games against clunker non-conference teams could be one of those eight games. Over the next several years, our future non-cons include Louisiana Tech, Northern Illinois, UTEP, Akron, North Dakota and State Dakota State,
| Network | Football | Men's Basketball | Other |
|---|---|---|---|
| FOX / FSN | *24-27 games in 2023-24 *30-32 games per year after | *45 games in 2023-24 *No B1G Tourn. games | *Option for Women BB and other Olympic sports |
| BTN | *38-41 games in 2023-24 *Up to max 50 games after | *Min. 126 games annually *Includes 8 B1G Tourn. | *Minimum 49 Women BB games *primary source for Olympic sports |
| NBC | *16 games in 2023-24 *14-15 games per year after, including one B1G CCG | ||
| Peacock (NBC streaming) | *8 games per year | *32 games in 2023-24 *47 games per year after | *30 Women BB games per year |
| CBS | *7 games in 2023-24 *14-15 games per year after, including two B1G CCGs | *9-11 games in 2023-24 *15 games per year after, including semi-finals and final game of B1G Tourn. | *Women BB Tourn. title game. |
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So averaging $62M per year. That's not quite as spectacular as the numbers that were getting tossed around, and from the sounds of it about what ND is going to get from NBC.
Yes, but there appear to be financial accelerators in the deal so that number could grow larger. I'm still reading up on it, but I wouldn't close the door on the Big Ten snatching up more teams.
Some highlights:
- CBS, starting in 2024, will replace the SEC game of the week (3:3pm ET) with a B1G game.
- Starting in 2023, NBC will launch “Big Ten Saturday Night” in prime time.
- For some games, there were be a "draft" between FOX, CBS, and NBC, with each getting first pick in different weeks.
- B1G Kevin modeled the media package after NFL Sunday, with three marquee matchups split across three different networks. Football starts at noon and runs until nearly midnight.
- Brett McMurphy is saying the deal will start at $7-8b, but escalators could bring it up to $10b. He's also said that the B1G still has an interest in Oregon, Washington, Cal, Stanford, Miami, and Florida State.
