They are not comparable, I.e. apples and oranges
Posted on: August 18, 2022 at 10:57:19 CT
ScottsdaleTiger MU
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The B1G contract is between the B1G Conference and the B1G Network. The latter is 60% owned by Fox and 40% by the B1G Conference. Further, the B1G broadcasts to Canada.
The SEC contract is between the SEC and ESPN. The SEC has no ownership interest in ESPN.
Generally, the B1G distributions to its members have been somewhat larger than the SEC’s distributions to it’s members. I.e. both were in the low 40 million range for the most recent year.
Long term, both conference are adding schools with good TV markets. The B1G is adding Southern California with USC and UCLA and the SEC is adding Texas and Ok. with the addition of UT & OU.
The fact the B1G has an equity interest in the broadcaster and the SEC does not probably gives its deal more upside than the SEC’s contract with ESPN.
Edited by ScottsdaleTiger at 10:57:40 on 08/18/22