Kevin Warren left the Big Ten with an unfinished TV deal and owing $65 million to Fox and NB

Submitted by ThatTCGuy on May 21st, 2023 at 7:26 PM

https://www.espn.com/college-football/story/_/id/37693310/big-ten-new-c…

The highlights:

Nearly three months before the season kicks off and those TV deals begin, the Big Ten does not have completed longform contracts, which include the fine print details. Instead, Petitti is engaged in significant "horse trading," according to multiple sources, to get the NBC primetime deal finished and figure out what the network calls "outstanding issues" in order to uphold as much value as possible.

 

Recently, schools have found out: 

 

They are going to have to pay back nearly $40 million to Fox because, according to sources, Warren delivered NBC the Big Ten football title game in 2026 without the full authority to do so, 

 

They are going to have to pay $25 million total for a deal to pay Fox back for lost 2020 football game inventory

 

Athletic departments and coaches around the Big Ten say they were surprised November night games would be part of the deal. They weren't asked for permission to play them prior to the deal or informed of the change ahead of the deal, according to sources. At the same time, NBC wasn't aware until well after the initial contract was signed this summer that these big-brand schools had historic tolerances that were part of the prior television arrangements and would resist being available.

umgoblue11

May 22nd, 2023 at 1:51 PM ^

Here's the question I pose to you all Mgofaithful... We have 3 TV networks who are all desperate to show Ohio State and Michigan games for the ratings, how are they going to divvy these games up amongst networks? And if I am Michigan and OSU why the hell am I going to let the commish dictate my playing schedule to fulfill a contract that is split evenly? I'm already hearing rumblings that there are some real concerns about "equity". Why would Michigan and OSU get the same $$$ as Northwestern if they have to play all the marquee games on all the networks? Michigan DOES NOT want to play November night games against lower level Big10 teams-- it affects gate revenue, etc

 

As I understand it, the TV pecking order goes something like this:

1/1A. OSU/Michigan

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2. Penn State

3. USC

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4 - 7. UCLA, Wisconsin, Nebraska, Iowa

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8-11. MSU, Minnesota, Illinois, IU

.....

12-13. Northwestern, Purdue

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14. Maryland

 

 

----- Grand Canyon Size Gap

16. Rutgers