For Sean Miller: WVU's IMG rights contract est. at 7.2 million
- Thread starter littlemoe
- Start date
What is this related to? It better not be about the fictional Third Tier rights. All schools in every conference have these contracts.
Which I agree with, but every school in every conference have the same thing. The fictional part is that only Big XII schools have these.
http://www.sportsbusinessdaily.com/Journal/Issues/2015/08/17/Colleges/UCLA-IMG.aspx UCLA
http://www.ramblinwreck.com/sports/admin/spec-rel/121812aaa.html GT said to be around $6MM per year
http://www.sportsbusinessdaily.com/Journal/Issues/2014/04/21/Colleges/Alabama.aspx Bama
UNCs deal is around $11M per year and is up for renewal soon. NC State's is around $5M per year. UF is around $10M per year I believe.
Every school has these deals. The 1 football game against FCS schools and six crappy BB games are what the Big XII gets to sell with those packages, and that typically is not worth that much.
http://www.ramblinwreck.com/sports/admin/spec-rel/121812aaa.html GT said to be around $6MM per year
http://www.sportsbusinessdaily.com/Journal/Issues/2014/04/21/Colleges/Alabama.aspx Bama
UNCs deal is around $11M per year and is up for renewal soon. NC State's is around $5M per year. UF is around $10M per year I believe.
Every school has these deals. The 1 football game against FCS schools and six crappy BB games are what the Big XII gets to sell with those packages, and that typically is not worth that much.
I never said Only Big 12 schools have it. I said that WVU made 7,
C2 million from their contract, because Sean Miller said that Wvu did not get much from their Teur 3 contract ,and HE was incorrect.
End of discussion? Deal with the facts not a different issue !,
C2 million from their contract, because Sean Miller said that Wvu did not get much from their Teur 3 contract ,and HE was incorrect.
End of discussion? Deal with the facts not a different issue !,
I've never seen it announced. And because Pitt has that private/public thing going, it's very difficult to find out via record requests. In short, I have no idea.
Are you talking about "3rd tier" game broadcasting rights? Because that deal and the ones posted are not that.
Those TV rights are included in the IMG contract, which also includes radio, coaches shows, etc, etc.
Some of the kooky people try to say the entire $7.2M (or whatever the amount is for the Big XII schools IMG/Learfield type contracts) is just for those TV rights, which is completely false. Overall, those rights are not worth much at all, and every school has contracts with those other rights.
The only school that hit lightning in a bottle was Texas due to ESPN's stupid move to create the failure which is known as the LHN.
Exactly. That $7.2 million isn't just for a football game or two. It's for a lot of things, all of which every other school gets paid for too. That's the best part about the typical Hoopie argument. They act like this is some sort of giant pile of money that they get and that no one else does. Of course it isn't.
I said WVU makes peanuts on their Root games against HS teams which are only seen by maybe 100,000 households if I'm being extremely generous. 3rd tier money is almost all from other profitable things. In WVU's case, they outsourced everything including ticket sales, advertising, stadium signage, etc to IMG and called it 3rd tier rights. Then, because a valueless OOC game is thrown on there, people are so freaking stupid that they believe the money is being made on a WVU game against Georgia Southern.
Every school has 3rd tier rights. Its just that the Big 12 allows them to package in a valueless football game and 5 bball games. Luckily Big 12 fans are so dumb they actually believe the money is being made from the live game broadcasts for terribly rated events.
Every school has 3rd tier rights. Its just that the Big 12 allows them to package in a valueless football game and 5 bball games. Luckily Big 12 fans are so dumb they actually believe the money is being made from the live game broadcasts for terribly rated events.
The vast (like all of it, basically) majority of that money has nothing to do with "Tier 3" in terms of live TV broadcasting any sporting event.
You can look at the examples ThePanthers posted and understand how poorly you are trying to spin the topic. Alabama makes $16M a year for the same contract, but without the 1 FB and 5 BBall games.
Saying "WVU gets $7.2M because of their "Tier 3" rights," is like saying you sold your steering wheel cover for $20K, but disregarding you included a car in your sale.
perhaps I also don't understand what the argument is, but having seen the litigation involving the challenge to WVU's efforts to sell the tier 3 rights, and having direct knowledge of the resulting settlement, I'm pretty damned certain that yes, they make about $7.2 paid by IMG for broadcast rights over and above what they get from the B12. It was a separate deal put together by WVU.
I'm not saying it was anything special or something no one else also does. I'm just saying that as I read the documents, I believe littlemoe is correct.
I'm not saying it was anything special or something no one else also does. I'm just saying that as I read the documents, I believe littlemoe is correct.
Your implication was pretty clear that this was some big pile of money mostly for the television rights. Because you posted this in response to SMF's correct assertion that the football games you have had broadcast on Root Sports don't make much money. You aren't getting that $7.2 million for two football games against crappy teams, you are getting it for much, much more than that. That is the simple truth of the matter, and the fact that you either can't or won't recognize the truth of the matter tells everyone who the ignorant party is here.
But then again you are one of the idiots who thinks that Tom Herrion faked getting hit in the face with a coin in an effort to embarrass a fan base that had already been warned twice on the PA system, including once by the head coach, for throwing stuff onto the court at a basketball game. Delusion, your name is littlemoe.
I don't know how much money is made or how many people see the game when it is on root. However I just wanted to point out that the GSU game was also shown on fox or at least it was in Arizona where I live. I know nobody cares but I just wanted to point out that liberty would have been a better example than GSU since liberty was only on root.
He is not. The vast majority of the money in the $7.2M contract has nothing to do with any live TV broadcast rights.
Moe
Its good that WVU made $7.0 million in 3rd tier rights.
However, in the grand scheme of things that is really "small change" in the differences between our respective Universities.
Examples
Endowments: University of Pittsburgh: $3.49 Billion West Virginia University: $515 Million
Annual Sponsored Research: University of Pittsburgh: $900 million/yr West Virginia: $174 Million/yr
I have nothing against WVU. Just pointing out other factual differences.
HAIL TO PITT!!!!
Part of either school's endowment is dedicated to athletics. It would not surprise me that WVU has more money in their athletic-dedicated endowments than Pitt, but I have no real knowledge of that. Pitt could have a larger athletic endowment. I don't know.
So even though some of your annual endowment disbursements is going to athletics, just because you have a larger endowment doesn't mean that you have greater financial wherewithal for athletic spending than someone with an overall smaller endowment. However, quoting annual research expenditures figures doesn't make sense in any athletic context.
WVU also gets somewhere between $50 to $100 million more per year in support from their state compared to Pitt, so that negates a sizable chunk of the two school's overall endowment differences. Imagine what Pitt could do it it got the same level of state funding.
So even though some of your annual endowment disbursements is going to athletics, just because you have a larger endowment doesn't mean that you have greater financial wherewithal for athletic spending than someone with an overall smaller endowment. However, quoting annual research expenditures figures doesn't make sense in any athletic context.
WVU also gets somewhere between $50 to $100 million more per year in support from their state compared to Pitt, so that negates a sizable chunk of the two school's overall endowment differences. Imagine what Pitt could do it it got the same level of state funding.
Dear Joe,,the fraud hasn't made a correct statement ever. He is a ped state lover... He loves Bradley, he loves Chambers, most of all he loves Sanduski. Even the drop outs from WVCCknows he is a fraud and a pile of mistruths.In the old days,we would day he is full of you know what. Hehides in his fraud cave rahter than take careof his kids, he brags about not supporting Pitt financially.
wow - I'm confused - I didn't know anything said about WVU automatically necessitated some sort of FU! WE"RE BETTER THAN YOU ! response.
I hate to defend a WVU person - (today was "fly your colors day" at work - and I proudly had my Pitt flag hanging on my office door here in Charleston, WV) - but my sense of fair play always gets me in trouble so what the hell. littlemoe did not say that the $7.2M was all football generated. He said that sale of WVU's tier 3 rights brought in $7.2M - no one has proven that is incorrect.
I hate to defend a WVU person - (today was "fly your colors day" at work - and I proudly had my Pitt flag hanging on my office door here in Charleston, WV) - but my sense of fair play always gets me in trouble so what the hell. littlemoe did not say that the $7.2M was all football generated. He said that sale of WVU's tier 3 rights brought in $7.2M - no one has proven that is incorrect.
But he did say it in response to SMF factually saying that WVU gets very little money from the broadcast of the two crappy football games that were on Root Sports. His implication was clearly that a large portion of that money (perhaps even all of it) was related to football rights and that is simply not true.
Saying "WVU gets $7.2M because of their "Tier 3" rights," is like saying you sold your steering wheel cover for $20K, but disregarding you included a car in your sale.
He was clear in his implication and it is not even close to covering his point. It was an idiotic post by someone who either is: A. Not intelligent enough to understand what he is posting. or B. Blatantly trying to decieve to "win" the argument. Trying to cover for him on it is sad because it was just, oh so, transparent.
