New TV deals will result in $50M/yr for Iowa starting in 2017; Rev gap betw Iowa & ISU is HUGE

[Franisdaman]

A deal between ESPN and the Big Ten Conference, reported last week by the Sports Business Journal, is expected to give the league a total media rights package worth $2.6 billion over six years (approaching $440 million annually)

For the University of Iowa and other member schools, that arrangement could result in an annual distribution share approaching $50 million in 2017-2018 .

The Big Ten’s current TV deals are set to expire after the coming school year (2016-17).

For Iowa, which was already set to receive an estimated $35.5 million in media rights in 2016-17, it’s a hefty hike in funds and an added sense of security.

The breakdown of the $440 million annual amount mentioned in the first paragraph of this post:

$240 million: According to Ourand’s report, the league’s agreement with Fox is worth $240 million annually, beginning in the fall of 2017.

$190 million: ESPN will pay $190 million a year. Combined, the Fox and ESPN deals give each network roughly 25 football games and 50 basketball games per season through 2022-23.

$10 million: Add an additional $10 million from a basketball-only deal with CBS, and the Big Ten is set to receive $440 million a year

BTN Revenue: The above break down does not include what the Big Ten might earn from the Big Ten Network, which is locked in through 2031-32.


Iowa dominates Iowa State in revenue and the difference will only grow

According to a USA Today database, Iowa’s total operating revenue the past fiscal year was $105,969,545. By comparison, Iowa State's was just $75,283,516. This $30,686,029 gap will only continue to grow.

The full story: http://www.hawkcentral.com/story/sp...ference-media-rights-deal-questions/86369754/

 

[Franisdaman]

meanwhile, in Lames, Iowa....

 

[meatloaf55]

"Just $75,000,000"
Only in college football can that number look inadequate.. but we can't compensate these players because ... ...

 

[Slappy Pappy]

$75 million should be enough to field a baseball team.

 

[Franisdaman]

"Just $75,000,000"
Only in college football can that number look inadequate.. but we can't compensate these players because ... ...

but you have to pay for all of the non revenue sports, too!

 

[CO_hawk]

Come on hockey club.

 

[Hawk68]

I hope we do not go with the idea of spreading money outside the athletic dept. without the rest of BIG agreeing and honoring the same %. There is a lot of talk in IC of using part of this money to lower tuition etc. We will screw ourselves if we do not get unanimous agreement throughout the BIG.

 

[championhawk]

"Just $75,000,000"
Only in college football can that number look inadequate.. but we can't compensate these players because ... ...

They are compensated and are here by choice.

 

[mikesright]

It could be close to $60 million in 2017 depending on escalators

31 million plus tier 1 avg (rutgers and maryland haven't fully bought in so it is likely to be more for a vested school like iowa
12.5 million plus btn
5 million bowls
5 million ncaa tourney revenue
1 million plus misc revenue (B1G championships, etc)

Many of these figures are older and not reflective of greater revenue potential. The B1G is gonna lap people for a decade or more

 

[whatsup13579er]

$75 million should be enough to field a baseball team.

$106 million should be enough to field a hockey team.

 

[DrVenkman]

Righteous bucks...

 

[SoDakHawk]

$106 million should be enough to field a hockey team.

Not according to what Barta just said in the paper last week. Of course that could be the classic denying something is happening right up until the point they do it.

Might was well spend that newly found money on offering hockey, soccer, lacrosse, and whatever else is on the wish list at the University of Iowa since it is only a matter of time before ISU and UNI will have their hands out for some of that money since they can't generate it. Heck, the subject has already been brought up at the statehouse.

 

[Franisdaman]

Not according to what Barta just said in the paper last week. Of course that could be the classic denying something is happening right up until the point they do it.

Might was well spend that newly found money on offering hockey, soccer, lacrosse, and whatever else is on the wish list at the University of Iowa since it is only a matter of time before ISU and UNI will have their hands out for some of that money since they can't generate it. Heck, the subject has already been brought up at the statehouse.

wouldn't that be something if there were revenue sharing between ISU and Iowa; right now the revenue gap is $30 MILLION annually and the difference is only going to grow with these new TV deals; I am sure Lonely Clown would love that!

 

[agr1858]

This thread is how I know people are lying when they pretend they don't like internet fighting with ISU fans. If only the talent gap between the two schools was as wide as the proposed revenue gap.

 

[MitchL]

To the OP... When will LC arrive to tell us this can't be right?

 

[Franisdaman]

This thread is how I know people are lying when they pretend they don't like internet fighting with ISU fans. If only the talent gap between the two schools was as wide as the proposed revenue gap.

all i hear are crickets from the Clown faithful; even they must see that the current $30 million annual revenue gap between Iowa and Iowa State is only going to get bigger

 

[HawkeyeMcNutt]

Not according to what Barta just said in the paper last week. Of course that could be the classic denying something is happening right up until the point they do it.

Might was well spend that newly found money on offering hockey, soccer, lacrosse, and whatever else is on the wish list at the University of Iowa since it is only a matter of time before ISU and UNI will have their hands out for some of that money since they can't generate it. Heck, the subject has already been brought up at the statehouse.

Lol. Iowa State and UNI won't receive a penny of Iowa's media rights money or athletics revenue at all.

 

[Banks Fan]

Lol. Iowa State and UNI won't receive a penny of Iowa's media rights money or athletics revenue at all.

And they should not receive any of it. But UNI is now trying to get the legislature to force Iowa to fund part of their athletics program since their fans will not do it.

 

[ichawk24]

There was one lawmaker who introduced a bill to share funds, and it was promptly killed.

 

[hawkeye54545]

Iowa State sucks and we don't.

 

[Franisdaman]

for once Lonely Clown and CyCLOWNcity have nothing to say? normally they are refuting everything that a reporter states with claims that "according to their sources...."

the revenue gap right now between Iowa and ISU is $30 million; in a couple years, with the new TV deals, that gap will grow by at least 50%, to $45 million; good for Iowa! too bad, Clown fans! maybe that CyCLOWN TV network of theirs will make up the difference? i have heard so many good things about it from Lonely Clown LOL

 

[Franisdaman]

There was one lawmaker who introduced a bill to share funds, and it was promptly killed.

but we are a socialist society! LOL

 

[David1979]

Yeah I heard Farley on the radio the other day lobbying for shared funds. That isn't going to work. If that is the case, then why not share funds for everything not just athletics.

 

[Slappy Pappy]

Maybe 10% of all out of state tuition paid to Iowa should be given to ISU. And another 5% to UNI.

 

[Slappy Pappy]

There was one lawmaker who introduced a bill to share funds, and it was promptly killed.

Maybe they should legislate that the BTN has to carry an ISU game in place of one of the Iowa ones while they are at it.

 

[agr1858]

Maybe they should legislate that the BTN has to carry an ISU game in place of one of the Iowa ones while they are at it.

I think ISU will survive, their TV revenue is equal or greater than 73% of D1 institutions. Enrollment, donations and ticket sales at all-time highs. Things could be worse.

 

[HerkyFan]

I think ISU will survive, their TV revenue is equal or greater than 73% of D1 institutions. Enrollment, donations and ticket sales at all-time highs. Things could be worse.

There it is. Revenue is meaningless, what really matters is enrollment smack.

Good thing isu grads are never accused of having little bro syndrome.

 

[Slappy Pappy]

Since Iowa has a larger stadium, legislature should decree that 50% of each ticket sold by Iowa over the 61k capacity of Trice should go to ISU.

 

[HerkyFan]

How does isu anticipate dealing with conference re-alignment?

Simple, wait for the Iowa legislature to bail them out.

That is "financial genius" according to isu grad!

 

[agr1858]

Since Iowa has a larger stadium, legislature should decree that 50% of each ticket sold by Iowa over the 61k capacity of Trice should go to ISU.

FYI, last year this would have equated to 1,070.8 tickets per game since average attendance was 63,141. 1,070 x 7 games x $60 ticket avg.= $449,400 for the entire season.

 

[Slappy Pappy]

FYI, last year this would have equated to 1,070.8 tickets per game since average attendance was 63,141. 1,070 x 7 games x $60 ticket avg.= $449,400 for the entire season.

Quick, send that in to your representative! Maybe suggest it should be average attendance instead? Then you could run the numbers again after this season, and I bet the difference will increase ten fold.

 

[HerkyFan]

Quick, send that in to your representative! Run the numbers again after this season, and I bet the difference will increase ten fold.

Remember according to isu grad it isn't athletic department revenue that matters it is enrollment figures.

Do you need another copy of the talking points memo from Pollard?

 

[agr1858]

Quick, send that in to your representative! Run the numbers again after this season, and I bet the difference will increase ten fold.

I get your point, but that's mathematically impossible, -4,500 would be the best-case scenario.... Under this scenario. In other words, 4-fold, if Iowa found a way to sell-out every game.

 

[Slappy Pappy]

Remember according to isu grad it isn't athletic department revenue that matters it is enrollment figures.

Do you need another copy of the talking points memo from Pollard?

Yes! Of course, you can't include out of state students in total enrollment either, as they *never* get jobs and stay in Iowa after graduating, unlike *all* ISU students, who of course have no other option but to stay in Iowa with their quality degree.

 

[agr1858]

There it is. Revenue is meaningless, what really matters is enrollment smack.

Good thing isu grads are never accused of having little bro syndrome.

Pretty sure everything I cited related directly to institutional revenue, leading off with tv revenue. There were no lies in my statement.

 

[Franisdaman]

I still wonder if CyCLOWN TV will make up for this $30 million and soon to be $45 million annual revenue gap between Iowa and ISU

 

[HerkyFan]

Pretty sure everything I cited related directly to institutional revenue, leading off with tv revenue. There were no lies in my statement.

It is no lie that isu grads run enrollment smack. How pathetic is that?

Hey here is an interesting challenge for isu grads. Can you find any other Power 5 school were its' fans run enrollment smack?

This will be fun. Good luck.

 

[agr1858]

I still wonder if CyCLOWN TV will make up for this $30 million and soon to be $45 million annual revenue gap between Iowa and ISU

Wouldn't really need to, ISU has an equal or greater revenue than about 3/4 of D1 universities and has never made close to as much money as they're making now.

 

[ANYCHawk]

"Just $75,000,000"
Only in college football can that number look inadequate.. but we can't compensate these players because ... ...

At least frame your complaint appositely. They are compensated a ton! You want them to be compensated more.

 

[agr1858]

It is no lie that isu grads run enrollment smack. How pathetic is that?

Hey here is an interesting challenge for isu grads. Can you find any other Power 5 school were its' fans run enrollment smack?

This will be fun. Good luck.

I'm assuming that's directed at someone else? I didn't run enrollment smack.