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financial folks

by Jay ?, San Diego, Wednesday, June 02, 2010, 13:40
edited by Jay, Wednesday, June 02, 2010, 13:43

Using HCC's FOIA document from Illinois and the overall TV deal numbers provided by Mandel ( http://www.bluegraysky.com/forum/index.php?id=20268 ) can we extrapolate how much of the $14,401,444 TV money came from the Big Ten Network?

Here's what Mandel provided:

"¢ Big Ten Network: 25 years, $2.8 billion* through 2031-32

"¢ ABC/ESPN: 10 years, $1 billion through 2016

"¢ CBS: 10 years, $20 million for basketball through 2018-19

* -- projected revenue

Let's leave aside the Mandel number ("projected revenue") for the BTN for the moment.

ABC/ESPN provides ($1 billion ÷ 10 years ÷ 11 teams) = 9,090,909 per year on average (I know the numbers likely scale from the first year to the last, so $9.09 million is not the actual 2009 number, but let's go with it for now.)

CBS provides ($20 million ÷ 10 years ÷ 11 teams) = 181,818

Illinois FOIA reports $14,401,444 TOTAL for television revenue.

Does that make the BTN portion for Illinois for 2009 a paltry ($14,401,444 - 9,090,909 - 181,818) = 5,128,717 ?

That can't be right.

Tags:
revenue, expansion

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