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Big Ten will continue to swim in TV money for years
Big Ten members will be able to make like Scrooge McDuck and swim in a giant vault of money for years to come according to the latest financial projections. Despite adding more members to the pool, there will be plenty of cash to distribute thanks to the most profitable media rights packages in the country, fueled by the conference’s own Big Ten Network.
The Journal & Courier reports Big Ten schools should expect to receive an estimated $44.5 million each during the 2017-2018 academic year, the first year Nebraska will receive a full share since joining the conference in 2011. The Huskers are going through a six-year financial integration plan, which will expire that year. Maryland and Rutgers, each joining the Big Ten this year, will also have to wait six years before being eligible for a full share of the conference’s revenue split. Each existing Big Ten member, not including Nebraska, is expected to receive $27 million from current media deals and bowl revenue. The Big Ten’s projected revenue shares is expected to rise by nearly $4 million next year ($30.9 million), another $4 million the next year ($34.1 million) and to $35.5 million by 2016-2017.
And then things get interesting. The Big Ten will have a brand new television deal in place. With the costs of media deals always escalating and with the Big Ten fully entrenched in the New York and Washington D.C. markets (the first and perhaps only reasons Rutgers and Maryland were considered in the first place), it should be expected the Big Ten will be able to make like bandits with their future television partners. The conference moving to a nine-game schedule will add to its inventory of games as well.
Entire article: http://www.jconline.com/story/sport...e/8187133/?from=global&sessionKey=&autologin=
Big Ten members will be able to make like Scrooge McDuck and swim in a giant vault of money for years to come according to the latest financial projections. Despite adding more members to the pool, there will be plenty of cash to distribute thanks to the most profitable media rights packages in the country, fueled by the conference’s own Big Ten Network.
The Journal & Courier reports Big Ten schools should expect to receive an estimated $44.5 million each during the 2017-2018 academic year, the first year Nebraska will receive a full share since joining the conference in 2011. The Huskers are going through a six-year financial integration plan, which will expire that year. Maryland and Rutgers, each joining the Big Ten this year, will also have to wait six years before being eligible for a full share of the conference’s revenue split. Each existing Big Ten member, not including Nebraska, is expected to receive $27 million from current media deals and bowl revenue. The Big Ten’s projected revenue shares is expected to rise by nearly $4 million next year ($30.9 million), another $4 million the next year ($34.1 million) and to $35.5 million by 2016-2017.
And then things get interesting. The Big Ten will have a brand new television deal in place. With the costs of media deals always escalating and with the Big Ten fully entrenched in the New York and Washington D.C. markets (the first and perhaps only reasons Rutgers and Maryland were considered in the first place), it should be expected the Big Ten will be able to make like bandits with their future television partners. The conference moving to a nine-game schedule will add to its inventory of games as well.
Entire article: http://www.jconline.com/story/sport...e/8187133/?from=global&sessionKey=&autologin=
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