I wonder how ESPN and Fox Sports feel about this spending spree?

This topic has 7 replies, 7 voices, and was last updated 1 year, 4 months ago by gogotwo.

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- 07/27/2023 at 12:38 PM #191211
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  Ma’ake Kava
  Participant
  
  Didn’t ESPN just lay off a bunch of people, including a lot of on air talent?
  
  Steve Young’s wife wants to know how Oregon State, Arizona, Arizona State will justify $31.5M a year, when the Disney CEO says everything is changing to streaming and ESPN needs to dramatically cut costs.
- 07/27/2023 at 1:01 PM #191216
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  UteThunder
  Participant
  
  Considering they signed off on the pro rata clause in their contract with the BigXII, they probably signed off on the addition(s), and this means they can pay 1 to 4 Pac schools 31 million each instead of paying 10 Pac schools 20+ million, I’m guessing they are fine with it.
  - 07/27/2023 at 1:21 PM #191219
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    Roy Rangum
    Participant
    
    According to the article below, the pro rata clause only guarantees up to 20 million or so, not the full 31 million. Having seen how dishonest the B12 has been so far, Colorado and any others that jump to their arms may find the grass isn’t all that much greener there.
    
    B12 pro rata clause
    - 07/27/2023 at 1:27 PM #191221
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      UteThunder
      Participant
      
      There’s no way Colorado is jumping without knowing that in advance. Which begs the question, just how bad are the offers for the Pac-12 media deal?
      - 07/27/2023 at 1:41 PM #191223
        
        Utesbyfive
        Participant
        
        Another question. Is there a Pac12 exit fee? What are they giving up there?
        
        07/27/2023 at 1:51 PM #191224
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        alexsmith
        Participant
        
        No exit fee, they’ll be leaving at the end of the current contract
        
        07/27/2023 at 2:06 PM #191225
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        RedRocks
        Participant
        
        As I understand it, there is no fee since there is no contract. Edit: Looks like I was a little slow…
    - 07/27/2023 at 2:21 PM #191226
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      gogotwo
      Participant
      
      The $20 million is ESPN’s portion. The other $11 million is Fox’s portion, which has been confirmed to be agreed by Fox as well
      
      Source: https://twitter.com/Brett_McMurphy/status/1684533994711314432?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1684533994711314432%7Ctwgr%5Eb0884d487091ee4ae51ecfdd1f88dc9e08429889%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.redditmedia.com%2Fmediaembed%2F15b8xru%3Fresponsive%3Dtrueis_nightmode%3Dfalse
      
      So yes, Colorado is getting the for $31 million for media rights. Now the question, is how many more schools will Fox agree to pay that amount for?
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