ESPN agrees to 6-year extension for CFP rights.

[Thiefery]

so 1.3 billion divided by 12 schools? School gets half, conference splits the other half?

CFP offices get some money too.. they gotta pay for the trophies, the Frisco office and for the committee.. but yeah that money is going to the conferences.. it's a reason why the current and future big 12 teams thump their chests saying they are getting more money than they did with UT in the conference.. because of the CFP distribution

 

[Across The Field]

I seriously think they may have a tough year. They don't want to remember it, but the team we beat 63-3 is what they are returning, plus some new transfers, and then a freshman class that shouldn't really matter. Last year they hit on the transfers, but will they again this year? It's not guaranteed. The sportsbooks have their over-under wins at 9.5. They go under that, they aren't making it most likely, and I can see 3 losses on their schedule.

I think Clemson, ND are losses and honestly, I wouldn't sleep on Memphis. They could absolutely play with FSU.

 

[WhosYourDawggy]

they have been hitting on transfers ever since the portal started.. I think that is what saved Norvell at FSU. They have killed it with DEs too..

The thing with transfers is that you have to keep hitting, and they have to work out. They had 9 transfers last year who all had career years. That's an outlier, I'd guess. All you need is to have 4 or 5 of the 10 transfers you are relying on not having career years, and suddenly, you are losing to Clemson, NCSU, UNC, and Jax State.

When you take 25-30 really good high school players each year you have a better chance that 10 will work out than you do with 10 transfers every year. IMO.

 

[WhosYourDawggy]

I think Clemson, ND are losses and honestly, I wouldn't sleep on Memphis. They could absolutely play with FSU.

They are at SMU. They have GaTech in London to start the year. The Nerds were playing a lot better last year ... Key is a good coach.

 

[Across The Field]

They are at SMU. They have GaTech in London to start the year. The Nerds were playing a lot better last year ... Key is a good coach.

Forgot about SMU. That's absolutely going to be a good test. Good call on GT, they bring back a real solid QB/RB rushing duo and some interesting WRs. While I feel bad that Travis got hurt last year and they didn't get into the CFP, Norvell has to prove he can weather the storm. It's going to be a huge year for him.

 

[WhosYourDawggy]

so 1.3 billion divided by 12 schools? School gets half, conference splits the other half?

I posted this in another thread a few weeks ago. I have updated it now that we know what the numbers are. Still a lot of conjecture here, but this is very much what it will be like:

Here is a very quick rundown on how the money likely gets split - this is based on the current model and March Madness.

- Total Pot = $1.3 billion.

- Peel off $300 million for administration costs and payments to the G5 teams as a whole and maybe to the schools under that. The G5 currently gets 20% of CFP money. So, G5 gets 260 million (20%) and 40 million for admin costs.

- $100 million split between the P5 - $25 million for each conference. This might be a larger number ... say, give each conference $100 million. But I'll go with a base of $25 million per conference.

- That leaves $900 million that goes to the shares that go to the conferences based on performance.
- You get a share for the following:

1. Each team that gets in gets a share - 12 shares.
2. Round 1 - 8 shares - 1 to each of the 4 winners, 1 to each of the 4 byes.
3. Round 2 - Elite 8 - 1 share to each of the 4 winners.
4. Round 3 - Final 4 - 1 share to each of the 2 winners.
4. Round 4 - NC - 1 share to the winner

That's a total of 27 shares. $1.3 billion / 27 shares = $33.3 million per share.

Here are some scenarios:

Winning team - 5 shares, or $166.5 million.
A team that gets in but loses in the first round - $33.3 million
Runner-up - $133.2 million
A conference that gets four teams in has the winner, a first-round loss, a second-round loss, and a third-round loss - 11 shares, $366.3 million.
A conference that gets five teams in has both teams in the NC, a 2nd round loss, and a 3rd round loss (this is likely the max scenario) - 14 shares - $466.2 million. For the SEC, that's $29.14 million per team, a little less after expenses, and if they let the teams that got in keep a little.

This is why I think that FSU is crazy to want to get out of the ACC. Instead of being the pricks they are, they should negotiate with the ACC to get a greater share of the CFP money. Why should FSU get a 15th share, the same as BC or Syracuse? Say you will stay in, but you want 50% of your shares. Win the NC and get to keep $83.25 million. They would get $16.6 million for getting in and another $16.6 million for each win.

 

[WhosYourDawggy]

Forgot about SMU. That's absolutely going to be a good test. Good call on GT, they bring back a real solid QB/RB rushing duo and some interesting WRs. While I feel bad that Travis got hurt last year and they didn't get into the CFP, Norvell has to prove he can weather the storm. It's going to be a huge year for him.

Home games will be interesting .... instead of 80,000, they will have 55,000 this year due to construction.

 

[Across The Field]

Home games will be interesting .... instead of 80,000, they will have 55,000 this year due to construction.

Wow, I didn't know that either. That's going to be a drag.

FSU did bring in a hell of a transfer class but those 22/23 recruiting classes didn't seem to be particularly special. Plus, is DJU going to improve or has he hit his ceiling? There are a ton of question marks there for sure.

 

[michaeljordan_fan]

CFP offices get some money too.. they gotta pay for the trophies, the Frisco office and for the committee.. but yeah that money is going to the conferences.. it's a reason why the current and future big 12 teams thump their chests saying they are getting more money than they did with UT in the conference.. because of the CFP distribution

It's not split equally.

 

[OlyDuck]

 

[ELTEXAN]

These morons are letting the media partners entangle them up before they can consolidate and make real money. Gawd they’re dumb.

 

[ericd7633]

Not a chance. Why would they do that?

FWIW, I am really surprised by this. I thought for sure that they would go the multiple media partner route. Also, I am surprised the B1G is going along with this. CBS and Fox must not have come up with enough money. FSU fans have to be dying.

Welp.

 

[ralphiewvu]

Welp.

This TNTs way of saying Sayonara to the NBA?

 

[rfjeff9]

This is why I think that FSU is crazy to want to get out of the ACC. Instead of being the pricks they are, they should negotiate with the ACC to get a greater share of the CFP money. Why should FSU get a 15th share, the same as BC or Syracuse? Say you will stay in, but you want 50% of your shares. Win the NC and get to keep $83.25 million. They would get $16.6 million for getting in and another $16.6 million for each win.

Late seeing this, sorry.

This happened a year ago and takes effect 2024-2025 season. ACC BOD voted last year for an initiative which will see that for money generating post season events the team competing will reap a larger percentage of the payout. IDK the percentage offhand but it was enough to placate everyone performing at a higher level.

The rest if the regular season is split evenly as always. But good performance and participation in a bowl or playoff will reward those teams. Same goes for NCAA Tournament.

Unless something has happened in the last year while I stopped paying attention to it.

 

[WhosYourDawggy]

Welp.

Still not sure why they are doing that. They win the bid, then sublicense out to TNT, getting less money than if they covered it directly. ESPN production and personalities involved. What's in it for ESPN?

 

[WhosYourDawggy]

Still not sure why they are doing that. They win the bid, then sublicense out to TNT, getting less money than if they covered it directly. ESPN production and personalities involved. What's in it for ESPN?

There it is:

ESPN, TNT, and Fox are teaming up on a new live sports streaming service called Venu Sports, expected to launch later this year.

This way it will be on the $40-$50 sports streaming service they are going to sell.

 

[ericd7633]

Still not sure why they are doing that. They win the bid, then sublicense out to TNT, getting less money than if they covered it directly. ESPN production and personalities involved. What's in it for ESPN?

Terms weren't disclosed, but I'm going to guess it made sense financially to do so.

 

[WhosYourDawggy]

Terms weren't disclosed, but I'm going to guess it made sense financially to do so.

I think that's obvious ... I would be interested in seeing how that works ... ESPN put a value of $25 million on the first round games. I wonder what TNT is paying for those and why.

 

[ericd7633]

I think that's obvious ... I would be interested in seeing how that works ... ESPN put a value of $25 million on the first round games. I wonder what TNT is paying for those and why.

Yeah, I'd love to see the terms disclosed as well. TNT has a lot money at its disposal with it looking like they won't retain NBA rights. They pay 1.5 Billion/yr with that, which comes off the books after the 2025 season. So they only really get this year to promote it in front of what are their largest fall audiences(NBA/Inside The NBA)

 

[WhosYourDawggy]

Here's some good info:

The full financial terms of the agreement between TNT and ESPN are not yet known, but during its negotiations with the CFP, Disney-owned ESPN had put a $25 million average value on each first-round game.

The TNT games will be produced by ESPN and use ESPN broadcasters, but be branded TNT Sports, according to a source with direct knowledge of their plans. TNT could produce ancillary programming around the games, which could include a new show like, “Inside the College Football Playoff.” ESPN will get to choose the first two first-round games before TNT gets to make its selection.

ESPN, WBD Sports and Fox are teaming up for a stand-alone streaming product, named Venu, which will be available to consumers this fall and, according to executives briefed on the plans, will be priced in the $45-$50 per month range.

By working with Warner Bros. Discovery, ESPN is able to keep the entire playoff under the Venu umbrella.

TNT Sports adds College Football Playoff games in 5-year sub-licensing deal with ESPN

While TNT’s partnership with the NBA is in doubt, the move for CFP games is unrelated to those current tenuous negotiations, per sources.

www.nytimes.com