Espn picks up option to televise ACC til 2036

[BuzzCzar]

Sources: ESPN set to televise ACC through 2036

ESPN has agreed to pick up its option to broadcast ACC sports through 2036, sources told ESPN. The pickup comes as ACC works toward settling lawsuits by Clemson and Florida State.

www.espn.com

In a critical step toward securing stability for the conference, ESPN has agreed to pick up its option to continue broadcasting ACC sports through 2036, sources told ESPN on Thursday.

With the television deal settled, the ACC is now working toward a settlement with Clemson and Florida State that could end those schools' ongoing lawsuits against the conference.

ESPN had until Feb. 1 to pick up the option on a 20-year contract signed in 2016 that helped launch the ACC Network. Had ESPN declined, the partnership would have ended after the 2027 season.

 

[JJacket]

Clemson and FSU can pay the damn fee and GOR and go play Big12 ball whenever they are ready.

 

[Deke]

If I recall correctly, this not happening was a major lynchpin in all the FSU-truthers arguments for being able to leave without penalty. Whoopsies

 

[BuzzCzar]

There's a pretty interesting negotiating point for distribution of funds rules of ACC dispersments which is that a bonus amount will be paid based on how much the "brand" of each school affects viewership/interest in the ACC.

Rewards "name programs" like UNC hoops and (supposedly) FSU football.

Less for the "Wake" teams and more for the "UNC" teams (for BBall, anyways).
I would dispute perhaps that FSU is a big name draw, but I'd need to see the data. Iirc, Tech was the most watched team in the ACC last year, so we should get a nice bonus if that happened in the future, no?

 

[ClydeBrick]

Thank God. Now the ACC ADs can get together and vote to allow F$U and Clemson to receive more of the TV money to help ensure the continued enshittification of the League that F$U and Clemson wanted so desperately to leave.

 

[THWUGA]

There's a pretty interesting negotiating point for distribution of funds rules of ACC dispersments which is that a bonus amount will be paid based on how much the "brand" of each school affects viewership/interest in the ACC.

Rewards "name programs" like UNC hoops and (supposedly) FSU football.

Less for the "Wake" teams and more for the "UNC" teams (for BBall, anyways).
I would dispute perhaps that FSU is a big name draw, but I'd need to see the data. Iirc, Tech was the most watched team in the ACC last year, so we should get a nice bonus if that happened in the future, no?

With how trash this conference is, I fully expect payouts based on brand instead of actual numbers or records.

 

[BuzzCzar]

With how trash this conference is, I fully expect payouts based on brand instead of actual numbers or records.

Brand is measured, at least in part, based on actual numbers and records

Maybe 10-yr records not just the last season, but any other measure of "brand value" is moronic. It is always properly based on established metrics.

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www.qualtrics.com

 

[ClubSeats]

Payouts should be based 100% on T-shirt sales by each school.

 

[LagrangeJacket]

Pretty funny in an ESPN article:

In a critical step toward securing stability for the conference, ESPN has agreed to pick up its option to continue broadcasting ACC sports through 2036, sources told ESPN on Thursday.

 

[greenmachine]

Iirc, Tech was the most watched team in the ACC last year, so we should get a nice bonus if that happened in the future, no?

definitely not how it works. are you new around here?
probably means we'll actually get even less.

 

[BuzzCzar]

Pretty funny in an ESPN article:

 

[Diseqc]

Pretty funny in an ESPN article:

“ESPN declined to comment on picking up the option.”

lol

 

[USCJacket]

Why would ESPN not do this? This is a bargain for ESPN, and they are laughing while having the ACC by the balls at this point.

The ACC will have the worst payout per school of the P4 conferences in 3 years. The B12 will get a new combo deal, and both the B1G and sec will have new deals. The B1G and sec deals will be 2x+ payout per school.

This agreement does not mean anything more than a PR release. If the B1G and sec want to expand again, they will do so.

 

[LagrangeJacket]

“ESPN declined to comment on picking up the option.”

lol

Isn't putting out an article a form of comment?

 

[BuzzCzar]

Isn't putting out an article a form of comment?

Maybe the writers are independent contractors? Or independent contributors?

No comment from corporate, iow

 

[Diseqc]

Maybe the writers are independent contractors? Or independent contributors?

No comment from corporate, iow

It’s just ESPN pretending that the corporate side is completely separate from the news side. In no way would they let their business interests dictate their news reporting

 

[79tech]

While I don't mind uneven payouts, the rest of the conference should not let Clemson and FSU hold them over a barrel 1) they haven't proved they have another higher paying conference ready to pick them up - in fact, odds are they don't have a landing spot 2) they aren't as good as they think particularly with establishment of the portal and NIL 3) the penalties for leaving are extremely high serving as a disincentive. So give them some extra money but don't overdo it.

2031 new TV contracts for other P4 conferences could be interesting. If Big12 could sign a much more lucrative contract than current ACC contract, that would put some pressure on ACC defections. A 2031 ACC revenue shortfall along with lower penalties for leaving ACC could improve economics of defecting. However 2031 is so far off that who knows what happens by then.

There may be pressure on ACC to try to sign a new TV contract prior to 2031 to counteract the above. Negotiating the contract early will give TV providers leverage.

 

[WracerX]

ESPN basically buying up the rights to 3 ND away games, FSU, Clemson, and Miami home games at SEC prices. They get the rest of the acc on the cheap.

 

[USCJacket]

While I don't mind uneven payouts, the rest of the conference should not let Clemson and FSU hold them over a barrel 1) they haven't proved they have another higher paying conference ready to pick them up - in fact, odds are they don't have a landing spot 2) they aren't as good as they think particularly with establishment of the portal and NIL 3) the penalties for leaving are extremely high serving as a disincentive. So give them some extra money but don't overdo it.

2031 new TV contracts for other P4 conferences could be interesting. If Big12 could sign a much more lucrative contract than current ACC contract, that would put some pressure on ACC defections. A 2031 ACC revenue shortfall along with lower penalties for leaving ACC could improve economics of defecting. However 2031 is so far off that who knows what happens by then.

There may be pressure on ACC to try to sign a new TV contract prior to 2031 to counteract the above. Negotiating the contract early will give TV providers leverage.

What? Clemson has pretty much been the ACC’s saving grace on the big stage for a decade on the football field in the CFP era. 2 MNC’s to their name. Clemson is in a much stronger position to bolt to the B1G over FSU.

FSU’s problem is the B1G nor the sec wants to deal with them at this point.

Reality is, if $$$ talks, and the B1G, sec truly don’t want either Clemson or FSU, the B12 would take them tomorrow which is a value add for their next deal.

ACC is the only one of the P4 who has absolutely no bargaining power.

 

[79tech]

What? Clemson has pretty much been the ACC’s saving grace on the big stage for a decade on the football field in the CFP era. 2 MNC’s to their name. Clemson is in a much stronger position to bolt to the B1G over FSU.

FSU’s problem is the B1G nor the sec wants to deal with them at this point.

Reality is, if $$$ talks, and the B1G, sec truly don’t want either Clemson or FSU, the B12 would take them tomorrow which is a value add for their next deal.

ACC is the only one of the P4 who has absolutely no bargaining power.

i dont think Clemson is what they use to be. Portal is hurting them.