Key senators strike bipartisan deal on sweeping college sports reform
Ross Dellenger reporting on the bipartison Senate deal to reform college sports and provide some guardrails people in college athletics have been asking for (transfer, eligibility and cap enforcement). Not sure what the chances of passing but this seems like a big win for the ACC, Big 12, and smaller conferences for a number of reasons. Primarily by providing an option to pool all FBS college football media rights contracts in an effort to generate more revenue per the clause below. Interestingly enough of the 138 FBS teams if you take away members of the Big10 (18) and SEC (16) it leaves you with 104 votes which gets you just above the 75% pooling threshold (103.5) in the legistlation without needing any of their votes.
"A minimum threshold of 75% of the 138 FBS schools must be reached to collectively pool rights, which would come through replicating the Sports Broadcasting Act of 1961, which provides professional leagues the right to evade antitrust law and collectively pool rights."
12 Replies
2mo
(In response to this post by tupton79)
2mo
75% goal? Miami, UNC, Virginia, Duke, Notre Dame, FSU, Clemson, GT, Utah, Kansas... ? If this passes in DC it will subsequently fail the vote of the schools. The disparity in media payout may seem "unfair" to many, but the P2 didn't steal it. Not so far in the past we had a semblance pf parity. That changed with Jim Delaney's challenge to ESPN and the launch of The BTN. Cable TV requires markets and The B1G went after them. The SEC and ESPN followed that pattern, and succeeded, as well. The P2 didn't steal their wealth, they acquired it through innovation and risk. The ACC surrendered their long-term rights and decisions to content predator, ESPN, hoping to avoid risk. The Big 12 thought a cable TV channel was silly. The PAC 12 operated a fantasy network and the residue of that conference continues to delude themselves.
Both ACC and Big 12 have lost family members to the War for CFB Dominance. Schools have been made cruelly aware that a secure future lies in the P2. If a school has not been taking steps to earn a P2 promotion they are negligent. Life outside of the P2 is not the end of the world, but it is a different world. We are watching college football Darwinism.
(In response to this post by tupton79)
2mo
wanted a conference network when Nebraska, A&M, Mizzou, and Colorado were in the conference. Texas didn't want to share, and we all know the history.
Also, the NCAA, or other conferences of FBS and Division 1 basketball if you will, have more leverage that you think on the "P2" IMO. The P2 may have gotten ahead of themselves trying to monopolize the football money, whether they deserve it or not. The rest of college athletics - you know, the non football part, and the non rev part, still have a say in all of this.
(In response to this post by 33laszlo99)
2mo
The ACC is feelin' it. B1G still has work to do. Yormark cares more about hoops than others. He has his eye on the Northeast where college hoops draws better than FB: Mass, NYC, N.j., CT, Philly.
He should cozy-up to CBS because I think they will try to steal The Big East from Fox.
FB makes the most money, by far. But they need content year-round. I personally think there is too much overlap of FB & MBB. Basketball season should start 5 - 6 weeks later and give us "MAYhem" in place of March Madness.
(In response to this post by Big12 guy)
2mo
up will be very interesting with Paramount and CBS. Will they try to outbid Fox for BIG content? Or will they bet on the B12? There is a lot of content, and while Fox and ESPN are the two biggest payers at the moment, there is room for CBS to be a legit competitor in the space.
(In response to this post by 33laszlo99)
2mo
would a network want to bid on an individual conference's contract instead of waiting to see what the contract for the pooled bid looks like? The other thing I am curious to see play out is when a conference wants to opt out of the pooled contract. Can a conference do that?
Whether this bill goes anywhere or not, it could influence future bridge contracts to end at the same time. At least it isn't clear what will happen to existing contracts that end in 2036 or the 2040s once this bill becomes law and the DI schools approve the change. I don't think a conference could still honor existing contracts and honor the pooled contract because it could potentially create a conflict of interest, a conference being paid twice for the same content, or a conflict on which network(s) retain the rights when multiple contracts are in conflict with each other.
(In response to this post by Big12 guy)
2mo
Most likely it just dies in discussions. But even if it does get voted on, it is highly likely to change before it gets to that point.
This is just offseason filler at this point.
(In response to this post by tupton79)
V
Vippie1
2mo
expanding because their revenues already exceed $1 billion?
Or am I misinterpreting?
(In response to this post by tupton79)
2mo
The prohibition of the P2 expansion is the most intriguing aspect to me. The bill is basically Cody Campbell's baby.
To be clear, I think it's very unlikely this bill would pass.
(In response to this post by Vippie1)
H
HouClone
2mo
(In response to this post by Vippie1)