I am going to make this real easy.
Getting away from ESPN and going to FOX as tier 2 is also part of the model. With FOX, OU is talking to them about a Sooner channel.
It has been leaked that ACC schools will be making 14 million until 2021 when they will become fully vested and make the full 17 million. The Big 12 is making around 16 million now and will become fully vested in 2015. This changes with additions of FSU and Clemson as the clause jumps the contract to 22 or more per school immediately. FSU in the Big 12 will be making 10 million more at an absolute minimum. The Big 12’s revenue with FSU and Clemson is projected to be 22 million plus 2 million for a CCG and there are still several other revenue streams like the Champions Bowl and tier 3 media rights that I am not even including .Tier 3 media rights can jump it to around 30 million annually.
So the Big12 schools get $20million a year for the next 6 years in the current contract, but it’s going to be bumped up to $23 million with the renegotiation and that will start paying out in 2013 with FSU and clemson aboard.
What it boils down to is the Big 12 tier 1 and 2 media rights are worth more than all 3 ACC tier TV rights. FSU would not worry about leaving over a mere 3 million, nor clemson which is a founding ACC member.
Miami will be stuck in a two bit dog and pony show playing for peanuts and the rumor mill has it the Big 12 is not interested in Miami or Georgia Tech. They believe FSU and Clemson can capture the Atlanta market without them.
The big 12 might go to 14 but only if Notre Dame, Vt or NCSU or involved. It is doubtful Louisville or Maryland are involved. They don’t want to water down the product.
This Forbes article is also incomplete talking about the 20 million dollar club. The SEC will go to around 25 million when the SEC channel comes into play in a couple of years.
If you don’t think tier 3 rights are a big deal, consider now UF earns about 10 million a year off thiers with Sunsports. The ACC gets the money on FSU rights of tier 3.
“Bloggers like Heather Dinich make every argument in the book as to why FSU and Clemson will stay in the ACC but they miss the obvious reasons why both will leave: money and prestige.
Maybe writers like Dinich and David Teel just dismiss money as a motivator for change? It isn’t hard for to understand why if you believe the revenue gap between the Big 12 and ACC is only $3 million dollars.
No one of sound mind would expect FSU to leave the ACC over a measly $3 million dollars and we know Clemson, as a founding member of the ACC, would never leave over such a paltry amount.”
Of course Heather works for ESPN also don’t forget!