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Raycom hasnt done a Pitt game in a couple years because ATTSN wouldn't buy the package from Bally Sports.I didn't even know there was one. What games was Pitt on that platform??
Getting out of the Raycom deal early would be a great thing for the ACC. The Raycom deal actually predates the ESPN contract, but at the time Raycom’s price was too high for ESPN to buy them as part of the 2016 deal. It’s been estimated that the day the Raycom deal comes off the books in 2027, each ACC school will get an additional $3-5M per year.
But what’s interesting now is that it opens up those rights - about 50 men’s basketball, 25 women’s basketball, and 16 football games - to potentially be bought be another entity to bring in more to the ACC. Maybe ESPN finally rebuys them after it couldn’t in 2016. Or maybe they find a different entity. Maybe a streaming partner?
I had the same impression of the Raycom deal from what I had read.Getting out of the Raycom deal early would be a great thing for the ACC. The Raycom deal actually predates the ESPN contract, but at the time Raycom’s price was too high for ESPN to buy them as part of the 2016 deal. It’s been estimated that the day the Raycom deal comes off the books in 2027, each ACC school will get an additional $3-5M per year.
But what’s interesting now is that it opens up those rights - about 50 men’s basketball, 25 women’s basketball, and 16 football games - to potentially be bought be another entity to bring in more to the ACC. Maybe ESPN finally rebuys them after it couldn’t in 2016. Or maybe they find a different entity. Maybe a streaming partner?
Well, if that’s the case, then the best hope might be for ESPN to just decide to buy out Raycom’s rights altogether. I doubt either party would want Raycom to be the middleman when the rest of the inventory is in-house with ESPN. And there’s already a bit of precedent for that, with ESPN buying out Raycom’s interest in the baseball and women’s basketball tournaments a year or two ago.Raycom should sell to Apple TV or Amazon......but those proceeds go to Raycom and not the ACC. But, yes, this is another reason the ACC contract is undervalued. They essentially gave away invetory for free to Raycom.
Well, if that’s the case, then the best hope might be for ESPN to just decide to buy out Raycom’s rights altogether. I doubt either party would want Raycom to be the middleman when the rest of the inventory is in-house with ESPN. And there’s already a bit of precedent for that, with ESPN buying out Raycom’s interest in the baseball and women’s basketball tournaments a year or two ago.
And it sounds like it wasn’t quite for free. They were sold in 2010, when the landscape was different (cheaper). Then there’s a complex string of buyouts that were put into place when the ESPN deal went into place in 2016. It looks like that basically zeroed out most of the revenue from that inventory, at least as far as the ACC is concerned. It was a great deal for Raycom, though. They just picked a bad distributor.
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