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Ohio Basketball

Topic: Big East TV Deal

Topic: Big East TV Deal

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giacomo
General User

Member Since: 11/20/2007
Post Count: 2,688

Status: Offline

Big East TV Deal

Posted: 4/4/2023 8:09:53 AM

https://www.espn.com/mens-college-basketball/story/_/id/3...

The league has been getting 500M a year from Fox and has 2 years left on the deal. Each school gets around 45M a year. And some wonder why the players want money.

Scott Woods
General User

Member Since: 12/20/2004
Location: On the banks of the Ohio, OH
Post Count: 233

Status: Offline

RE: Big East TV Deal

Posted: 4/4/2023 8:34:55 AM

giacomo wrote:

Who is it that wonders why players want money?

Religion morality and knowledge being necessary to good government and the happiness of mankind schools and the means of education shall forever be encouraged.

So enter that daily thou mayest grow in knowledge wisdom and love. So depart that daily thou mayest better serve thy fellowmen thy country and thy God.

Alan Swank
General User

Member Since: 12/11/2004
Location: Athens, OH
Post Count: 7,072

Status: Offline

RE: Big East TV Deal

Posted: 4/4/2023 9:09:20 AM

giacomo wrote:

Each school gets about $4million a year. That $45 million a year is for the whole league.

M.D.W.S.T
General User

Member Since: 12/23/2021
Post Count: 2,215

Status: Offline

RE: Big East TV Deal

Posted: 4/4/2023 9:16:15 AM

Alan Swank wrote:

giacomo wrote:

Each school gets about $4million a year. That $45 million a year is for the whole league.

*MAYBE* in the future some of these deals will come with a stipulation that a % goes to the athletes... but this always leads into my favorite topic.

Only 5 of 11 Big East schools turn a profit on mens basketball. 0 Big East athletic departments turn a profit.

Most athletic programs are not profitable. Each year the NCAA issues an annual report on the finances of intercollegiate athletics. The report found only 25 Division I programs had revenues exceeding expenses. (18 also had D1 football)

No D2/D3/NAIA turned a profit. There are 1,102 Division I, II and III schools. 25 athletic departments made money.

99.98% of athletic departments incur debt to run their athletic departments each year.

Bigger programs, bigger bills. Profitable sports are used to fund entire athletic departments, most times pretty unsuccessfully.

https://www.insidehighered.com/blogs/just-explain-it-me/s... .

https://www.linkedin.com/pulse/i-found-18-profitable-211-... -/

Last Edited: 4/4/2023 9:17:31 AM by M.D.W.S.T

giacomo
General User

Member Since: 11/20/2007
Post Count: 2,688

Status: Offline

RE: Big East TV Deal

Posted: 4/4/2023 10:00:03 AM

Alan Swank wrote:

giacomo wrote:

Each school gets about $4million a year. That $45 million a year is for the whole league.

You are correct.

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