WTF $500 Milly to C7? - Page 5 - Basketball Forum : Professional and College Basketball Forums
BasketballForum.com is the premier basketball Forum on the internet. Registered Users do not see the above ads.
User Tag List

Reply
 
LinkBack Thread Tools Display Modes
Old 01-09-2013, 09:07 AM   #61 (permalink)
Player
 

Join Date: Apr 2011
Posts: 577
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 54 Post(s)
Rep Power: 13059
College Hoops has much to be proud of College Hoops has much to be proud of College Hoops has much to be proud of College Hoops has much to be proud of College Hoops has much to be proud of College Hoops has much to be proud of College Hoops has much to be proud of College Hoops has much to be proud of College Hoops has much to be proud of College Hoops has much to be proud of College Hoops has much to be proud of
Re: WTF $500 Milly to C7?

From SI.


Pete Thamel>INSIDE COLLEGE BASKETBALL


Representatives from Fox television and the seven Catholic basketball schools that broke away from the Big East are meeting in New York City today, according to multiple sources. This is considered the first formal meeting toward brokering a television contract, although one is not expect imminently.

Fox has been considered the leader to televise the new league for weeks. But considering that the league lacks a commissioner and a set lineup of schools, it's unlikely a deal will be announced soon.

Fox sent Larry Jones, its COO of Fox sports, and a legal representative to the meeting. The Catholic Seven -- which officials are starting to call the Basketball Seven, made up of DePaul, Georgetown, Marquette, Providence, Seton Hall, St. John's and Villanova -- will be represented by consultant Neal Pilson and Joe Leccese, co-head of the Sports Law Group at the law firm Proskauer Rose. (There will be no presidents from the seven schools present at the meeting.)

Fox is hoping to use the league's basketball content as a building block of its new sports network, expected to debut this fall. The network has not yet been announced, but its existence is talked about openly in television circles.


Georgetown is one of seven Big East catholic schools breaking away to form their own conference.
ZumaPress.com

The Basketball Seven are thought to be seeking a 12-year deal. The amount that the schools will receive is still under negotiation, but it's believed to be in the neighborhood of $3 million per school. The league is still expected to grow to 12 teams, although the possibility has been discussed that the league could start at 10 schools and grow into a 12-team league.

The heavy favorites to join the seven are Butler and Xavier. Creighton and Dayton are also considered strong candidates. Saint Louis has been discussed for the final spot. Sources say that talk about VCU for that spot has intensified the past few weeks, although it's not clear how strongly VCU is being considered.

VCU does not fit the template of private and religious schools. But there's been discussion that it could be foolish to ignore VCU's basketball success for the past decade, modern facilities and rabid fan base. VCU brings more recent basketball success than half of the Basketball Seven and is of the same caliber of Xavier and Bulter in the past decade.

Now that the Basketball Seven have retained a lawyer and consultant, the biggest question in athletic circles will be when the league will start play. There's a chance that the league could start play for the 2013-14 season. A big part of that will be how the Basketball Seven handle their departure from the Big East. A key factor is that the Big East does not have a television contract for basketball next season.
If Fox is launching a new network this fall, they would likely be eager to have the original content provided by the Basketball Seven.


http://sportsillustrated.cnn.com/col.../?sct=uk_t2_a3
College Hoops is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 01-09-2013, 09:27 AM   #62 (permalink)
-LIFETIME MEMBER-
Photobucket
 
xu95's Avatar
 

Join Date: Apr 2003
Location: Cincinnati
Age: 41
Posts: 3,596
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Rep Power: 332175
xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute
Re: WTF $500 Milly to C7?

Not bad for a CYO league.
xu95 is offline   Reply With Quote
Old 01-09-2013, 09:49 AM   #63 (permalink)
Banned Member
 

Join Date: Oct 2009
Posts: 335
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Rep Power: 0
Title_BU is a splendid one to behold Title_BU is a splendid one to behold Title_BU is a splendid one to behold Title_BU is a splendid one to behold Title_BU is a splendid one to behold Title_BU is a splendid one to behold Title_BU is a splendid one to behold Title_BU is a splendid one to behold Title_BU is a splendid one to behold Title_BU is a splendid one to behold Title_BU is a splendid one to behold
Re: WTF $500 Milly to C7?

http://aol.sportingnews.com/ncaa-bas...-major/slide/1

------
Anyway, I think you can probably note that Thamel both seems most sourced AND has never made any sort of mention to that tiered thing
Title_BU is offline   Reply With Quote
Old 01-09-2013, 11:06 AM   #64 (permalink)
RF1
Star
 
RF1's Avatar
 

Join Date: Apr 2003
Location: Massachusetts
Posts: 3,347
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 274 Post(s)
Rep Power: 16708
RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of
Re: WTF $500 Milly to C7?

I have read that there is an exit fee of 1 million dollars to leave the A-10 with a year's advance notice. Can anyone confirm this? What happens if an A-10 program wanted out with less than a year notice?

As for the money numbers being thrown around for the CYO league, I can't see the value. They seem out of whack from what we were hearing just a few months ago for the basketball schools as part of a Big East that would have had UConn, Temple, Louisville, Cincinnati, and Memphis. How then can this CYO league have such a much better deal? Also, this new CYO league will be a stronger league than the current A-10 but its tv per school deal some 10 times greater? Things seem out of proportion. Is Fox that desperate to completely overpay?
RF1 is online now   Reply With Quote
Old 01-09-2013, 11:12 AM   #65 (permalink)
6th Man
 
ATPTourFan's Avatar
 

Join Date: Nov 2007
Location: Wakefield, RI
Posts: 455
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 14 Post(s)
Rep Power: 4403
ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all
Re: WTF $500 Milly to C7?

RF, it's just so unbelievable at least in comparison to what the A10 got earlier this season.
__________________
KeaneyBlue.com
ATPTourFan is offline   Reply With Quote
Old 01-09-2013, 11:16 AM   #66 (permalink)
Player
 
Medford's Avatar
 

Join Date: Mar 2004
Posts: 823
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 40 Post(s)
Rep Power: 159560
Medford has a reputation beyond repute Medford has a reputation beyond repute Medford has a reputation beyond repute Medford has a reputation beyond repute Medford has a reputation beyond repute Medford has a reputation beyond repute Medford has a reputation beyond repute Medford has a reputation beyond repute Medford has a reputation beyond repute Medford has a reputation beyond repute Medford has a reputation beyond repute
Re: WTF $500 Milly to C7?

part of the problem w/ the TV deal for the Big East (with the football schools included) was that schools like Houston & Boise (and perhaps others) allegedly had exceptions put into their contract allowing them to exit the big East w/ a lesser exit fee (or perhaps no exit fee) if the TV revenue for football was $x dollars (in Houston's case, can't remember the exact number, if it was published) or split at least 70-30 for football (for boise from a report).

If you assume the whisper numbers are in the ball park, it may not be as much a factor of Fox being willing to overpay (and perhaps grow this new conference to the point where they're getting a deal) but that networks were only willing to pay so much "extra" for the football side of the Big East, but the language in the contracts needed to get the new football partners to join meant a portion of the "basketball value" was being taken to pay the football side of operations.

Hope that makes sense and perhaps why the CE7 we so willing to bolt once they realized they were getting pushed to the side in the name of football, rather than being boosted up by football.
Medford is offline   Reply With Quote
Old 01-09-2013, 01:02 PM   #67 (permalink)
Veteran
 
xudash's Avatar
 

Join Date: Oct 2003
Posts: 2,354
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 15 Post(s)
Rep Power: 39490
xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of
Re: WTF $500 Milly to C7?

Quote:
Originally Posted by Medford View Post
Its probably a collection of many factors that determine 10 v 12 and which teams make the cut line at 10. by most accounts, and reason, X & Butler are the top 2. I've read that SJU favors Dayton as #10, I've read that Marquette favors Creighton. I've read in the times that those 4 are all in, and SLU vs the field for the 12 spot. I've read from some media type w/ a blog that X, Butler & UD are the 3 and they're stopping at 10. I've read elsewhere that X, Butler & Creighton are the 3 and they're stopping at 10.

At any rate, the presidents and AD's likely have relationships and a vision of what each of them want, and all 7 have to come to some sort of agreement. meanwhile, tv executives at various networks (or their consultants) have told them what each various package is worth in terms of TV dollars and potential NCAA tournament revenues.

Balance that all out and you've got the answer to the puzzle. I doubt you'd ever see an admission from any part that too many of the CE7 are "weak" as they'll come to a conclusion and stand on solid ground together.
The SI article notes that VCU may be closing ground quickly.

Xavier and Butler are in. There's no doubt about that and apparently it's been done with Xavier for at least a few months.

Determining which school makes #10 is tough, based upon contradictory posts about Creighton and UD.

SLU has been in the mix, but for the 12 scenario.

So, now if VCU is taking on more serious consideration, this thing will get tight between UD, SLU, and VCU for the last two spots (I personally believe they want Creighton over UD for #10). VCU just might get it, due to its performance, program position, and because it has no religious affiliation.

This is going to get very interesting.

BTW, the A10 didn't have the overall markets and appeal as compared to the Basketball 7, regardless of who negotiated the A10 deal. What is a fact is that the Basketball 7 have brought in some negotiating firepower to work with what otherwise is good timing for the new conference. It isn't going to be $400k per school.

Last edited by xudash; 01-09-2013 at 01:08 PM.
xudash is offline   Reply With Quote
Old 01-09-2013, 01:17 PM   #68 (permalink)
Veteran
 
xudash's Avatar
 

Join Date: Oct 2003
Posts: 2,354
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 15 Post(s)
Rep Power: 39490
xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of xudash has much to be proud of
Re: WTF $500 Milly to C7?

Grading the candidates (I don't think this has been shared yet):

http://bleacherreport.com/articles/1...ference/page/2

For those few truly delusional UD fans we all know and love, it's interesting to learn that UD's grade improved thanks to Xavier.
xudash is offline   Reply With Quote
Old 01-10-2013, 06:16 AM   #69 (permalink)
-LIFETIME MEMBER-
Photobucket
 
xu95's Avatar
 

Join Date: Apr 2003
Location: Cincinnati
Age: 41
Posts: 3,596
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)
Rep Power: 332175
xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute xu95 has a reputation beyond repute
Re: WTF $500 Milly to C7?

The A10 exit fee is 500K with 24 months notice, and 1 Million for anything less than that. I have a suspicion that this conference will start playing basketball games in November.
xu95 is offline   Reply With Quote
Old 01-10-2013, 07:38 AM   #70 (permalink)
RF1
Star
 
RF1's Avatar
 

Join Date: Apr 2003
Location: Massachusetts
Posts: 3,347
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 274 Post(s)
Rep Power: 16708
RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of
Re: WTF $500 Milly to C7?

Quote:
Originally Posted by xu95 View Post
The A10 exit fee is 500K with 24 months notice, and 1 Million for anything less than that. I have a suspicion that this conference will start playing basketball games in November.
If any schools leave that early and leave a mess behind, I hope the A-10 stands its ground and accepts nothing less than the full amount owed. If four or five additional programs beyond already departing Temple and Charlotte leave en masse, the A-10 and its remaining teams will be put in a very difficult position. This situation is not like losing one or two teams. The A-10 could possibly go from 16 teams this season to 9 or 10. That is complete upheaval and there will be little time to react and rebuild for next season. Furthmore, the league could be so damaged that it might be very difficult attracting quality programs. It will not be pretty for the A-10 and its schools that remain should there be a mass departure.
RF1 is online now   Reply With Quote
Old 01-10-2013, 09:35 AM   #71 (permalink)
Veteran
 

Join Date: Mar 2003
Posts: 1,378
Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 342 Post(s)
Rep Power: 185200
jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute
Re: WTF $500 Milly to C7?

ATP,

Keep in mind it's not what the C7 conference of 12 is WORTH. $500 million is what Fox Sports 1, a brand new network who's only inventory right now is auto racing (and not even NASCAR/IndyCar, but other stuff), is willing to pay.

It's like the free agent market, when the best free agent is Jayson Werth, he gets a ridiculous contract he doesn't deserve.
jpschmack is offline   Reply With Quote
Old 01-10-2013, 10:51 AM   #72 (permalink)
Veteran
 
Steve81's Avatar
 

Join Date: Sep 2005
Location: North Quabbin region
Posts: 1,963
Mentioned: 1 Post(s)
Tagged: 0 Thread(s)
Quoted: 49 Post(s)
Rep Power: 4199
Steve81 is a name known to all Steve81 is a name known to all Steve81 is a name known to all Steve81 is a name known to all Steve81 is a name known to all Steve81 is a name known to all Steve81 is a name known to all Steve81 is a name known to all Steve81 is a name known to all Steve81 is a name known to all Steve81 is a name known to all
Re: WTF $500 Milly to C7?

There is always a silver linning. All those schools leave the NCAA credits behind. So instead of us sharing 50% of NCAA credits (the school that earns them get 50% unless they leave) well get the full 100% plus with less teams, even more money.
__________________
"raise the bar"
Collection of Sports links

Last edited by Steve81; 01-10-2013 at 11:02 AM.
Steve81 is offline   Reply With Quote
Old 01-10-2013, 11:52 AM   #73 (permalink)
RF1
Star
 
RF1's Avatar
 

Join Date: Apr 2003
Location: Massachusetts
Posts: 3,347
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 274 Post(s)
Rep Power: 16708
RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of RF1 has much to be proud of
Re: WTF $500 Milly to C7?

Quote:
Originally Posted by Steve81 View Post
There is always a silver linning. All those schools leave the NCAA credits behind. So instead of us sharing 50% of NCAA credits (the school that earns them get 50% unless they leave) well get the full 100% plus with less teams, even more money.
That past NCAA money doesn't go far when you consider the remaining A-10 teams probably will get less NCAA money going foward (few NCAA bids), less tv money, and less ticket revenue with the higher profile conference foes no longer on the schedule.

If the new CYO league goes to 12 teams with most of the teams oustide the current Big East coming from the A-10, the remaining A-10 Conference and its member schools will be greatly harmed.
RF1 is online now   Reply With Quote
Old 01-10-2013, 11:54 AM   #74 (permalink)
6th Man
 
ATPTourFan's Avatar
 

Join Date: Nov 2007
Location: Wakefield, RI
Posts: 455
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 14 Post(s)
Rep Power: 4403
ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all ATPTourFan is a name known to all
Re: WTF $500 Milly to C7?

Once again, the stars have aligned perfectly for the small Catholic schools of the Big East. Just amazing....
__________________
KeaneyBlue.com
ATPTourFan is offline   Reply With Quote
Old 01-10-2013, 12:00 PM   #75 (permalink)
Veteran
 

Join Date: Mar 2003
Posts: 1,378
Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 342 Post(s)
Rep Power: 185200
jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute jpschmack has a reputation beyond repute
Re: WTF $500 Milly to C7?

Quote:
Originally Posted by RF1 View Post
That past NCAA money doesn't go far when you consider the remaining A-10 teams probably will get less NCAA money going foward (few NCAA bids), less tv money, and less ticket revenue with the higher profile conference foes no longer on the schedule.

If the new CYO league goes to 12 teams with most of the teams oustide the current Big East coming from the A-10, the remaining A-10 Conference and its member schools will be greatly harmed.
Yes and no.

Let's say Xavier, Butler, Dayton, Saint Louis, Charlotte and Temple are gone from the A-10 in two years.

#1 - we were a 3-4 bid league without Butler, VCU, Charlotte and Saint Louis. 12 teams, 3-4 bids. We'd most likely add two schools to 10 teams (George Mason being an obvious candidate)

#2 - while Xavier and Temple were draws, how often was Charlotte, Saint Louis and Dayton really big-time draws for the remaining A-10 schools? Dayton occasionally, maybe SLU last season... Fans show up if you're team is winning.

And it's going to be a lot easier to win conference games without those guys. Someone will take their place: The first place team is gonna finish 12-4 or 13-3 in conference. The second place team will be 12-4 or 11-5.

If we win the same amount of OOC games as before, we'll keep getting bids. If we schedule harder OOC to account for those guys leaving and lose more, we'll get less bids. It's that simple.
jpschmack is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On



All times are GMT -7. The time now is 05:45 AM.



User Alert System provided by Advanced User Tagging v3.1.0 (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.
Copyright 2002 2013 BasketballBoards.net.

Search Engine Friendly URLs by vBSEO 3.6.1