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If, prior to July 2013, the Big East reaches a new television contract that doesn’t allocate at...

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If, prior to July 2013, the Big East reaches a new television contract that doesn’t allocate at least 70 percent of the proceeds to football broadcasts, SDSU can get out of the Big East by paying only $2.5 million. The Big East’s football TV contract with ESPN expires on Dec. 31, 2013 and will be subject to negotiation next September. After joining, SDSU will share only in revenues generated by the Big East relating to football on the same terms as existing members. It is expected to be at least $6.4 million per member, up from the $1.5 million SDSU gets in the Mountain West.

San Diego State's outline agreement with the Big East is revealed. The entire document is worth reading, but the above two points are what are directly relevant to Rutgers. The pre-expansion raid offer was $11m per school, but that was for football and basketball. The $6.4m yearly floor is for football only. Using some simple arithmatic based off the 70% football revenue figure, $6.4 million times ten (Navy and mystery team are not on board yet) is $64 million. $64 million is 70% of $91.4 million. $27.4 million split sixteen ways (the current number of future BB members) is $1.71 million yearly per basketball team. If the above information and calculations are correct, that means that the Big East has guaranteed a revenue floor of $6.4 million yearly for each football program, which implies a yearly payment of $1.71 million for each basketball program. This essentially means that the Big East at minimum expects an uptick of a few million per team in football revenue, but sees basketball revenue staying essentially flat. Update: one commentator mentioned this Boise State article, which quotes a 6 million floor and 10-12 million ceiling for football alone. Another update: Houston seems to think that ceiling is likely.

On April 12, after a regularly scheduled meeting, the university's Board of Trustees is scheduled...

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On April 12, after a regularly scheduled meeting, the university's Board of Trustees is scheduled to announce its decision on whether the school will accept an invitation to join the Big East for football, the conference it has competed in for all other sports for the last 3 decades, and move up to Division I-A.

The April 12 date has been rumored, but was it ever set it stone? As the article notes, there are multiple funding and stadium issue hurdles remaining.

"We offered one gentleman a position here. However, his father has a terminal illness, and he's...

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"We offered one gentleman a position here. However, his father has a terminal illness, and he's gonna go home to New Jersey to be with his father."

Pittsburgh coach Mike Haywood on Rivals Radio, answering whether he wanted to retain any of the previous Panther staff. The quote comes from about 11:00 in.

Q: What are the more significant costs/investments involved in a move to FBS? A: Some of the more...

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Q: What are the more significant costs/investments involved in a move to FBS? A: Some of the more significant costs/investments involved in a move to FBS would include: • Improvements to our on-campus football practice/training facilities. The cost of upgrading practice facilities is preliminarily estimated at $35 million (for physical improvements only). • Operational costs involved in an FBS move (above our current net expenditures), such as additional salaries, marketing, and ongoing facility maintenance. Because of competing institutional priorities, many of these investments would need to be fully funded through private gift support from donors. We are conducting financial analyses as well as a feasibility study to assess the implications of such private gift support–especially in terms of opportunity costs. That is, we are seeking to understand if donor support for football initiatives could preclude support for other initiatives at the university; and if so, how and to what extent.

Villanova's president wrote a candid letter today about their football program's potential upgrade to the FBS level. In spite of these daunting financial concerns, Donohue acknowledges that their hand might be forced with so much power and influence being concentrated in the "Big Six" conferences. I think with all the obstacles standing in the way of an upgrade that it probably won't happen in the end.
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