[Husker] Texas got it's payday

Skylar Dodds sklarbodds at cox.net
Wed Jan 19 15:27:12 CST 2011


Well, that's at least slightly noble of them.  Either way, the amount of
money that Texas will get from TV will tower over anyone else in the Big
XII.

 

From: David Strong [mailto:gobigredlist at gmail.com] 
Sent: Wednesday, January 19, 2011 3:18 PM
To: Skylar Dodds
Cc: Huskerz
Subject: Re: [Husker] Texas got it's payday

 

It's not all money to the Athletic Dept.  From the article:

"Powers said half, or about $5 million a year, of the first five years'
guaranteed income from the new deal is earmarked for academic initiatives.
The other half will go to athletics.

After five years, academics could receive a larger or smaller share,
depending on the revenues, the economic climate and the judgments of the
university leaders in place at that time, he said."

Dave

 

On Wed, Jan 19, 2011 at 3:45 PM, Skylar Dodds <sklarbodds at cox.net> wrote:

20 year, $300M from ESPN for their own network.  Basically it's just to
broadcast everything that's not already on TV, like a basketball game or
two, some baseball, some women's volleyball, etc. etc. They said they'll
also put on some school sponsored stuff like music productions and plays.

http://www.statesman.com/blogs/content/shared-gen/blogs/austin/highereducati
<http://www.statesman.com/blogs/content/shared-gen/blogs/austin/highereducat
i%0Aon/entries/2011/01/19/ut_espn_reach_20year_300_milli.html> 
on/entries/2011/01/19/ut_espn_reach_20year_300_milli.html

or

http://tinyurl.com/6yr52h6

Since Texas isn't going to share a SINGLE DIME of this money, the disparity
in the future "Texas and the 9 wives" conference is going to be ridiculous
bordering on laughable.  Some reports say that the "new Big XII deal" that
isn't created yet will provide somewhere around $20-22M for the big names
(UT, OU, aTm) and all the way down to $10M or so for the little guys (KU,
MU, KSU).  Add in the extra $15M a year that UT is now going to get and that
will give them 3-4 times the amount of money the little guys get.

Good to be getting out, IMO.

--
Skylar

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