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goldendomer

Joined: 01/04/2001 Posts: 2799
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Sports Business Journal: FOX and B1G have deal in place


Acurious situation has been afoot during Big Ten media rights negotiations this year that has caused a lot of head scratching by TV network and digital executives.

Two senior Fox Sports executives — Mark Silverman and Larry Jones — are taking active roles during the conference’s media rights negotiations.

That means Silverman, Fox Sports president and COO, and Jones, Fox Sports executive vice president of business, have been in the room and listening intently as executives from rival companies — Amazon, Apple, CBS, ESPN, NBC and Turner — make their pitches for the conference’s rights packages.

Big Ten Commissioner Kevin Warren leads these meetings, of course. He has run the conference for three years and has final say on which company ends up with the rights. Kerry Kenny, the conference’s senior vice president of television, media, analytics and emerging platforms, also plays a big role during each of these meetings.

Executives say they’ve never encountered this type of situation before where they have had to make their pitch not only in front of a competitive network, but actually to its executives.

It’s all on the up-and-up, even if the situation is unusual. Sources say Fox Sports already has a deal in place to renew its Big Ten pact, so it’s not as though Silverman and Jones are gaining trade secrets as a way to enhance their own bid.


Silverman
The presence of Silverman and Jones in these negotiations is part of a deal Fox Sports cut with the Big Ten when the previous rights agreements were signed in 2017.

The earlier deal gave Big Ten Network control of the media rights to the Big Ten conference for an undetermined period of time. Silverman, who ran Big Ten Network back in 2017, was part of the negotiations with ESPN as a BTN rep back then.

This year, Silverman and Jones are taking part in these talks as designated representatives of BTN, the channel in which Fox Sports is a majority owner and the entity that controls the Big Ten rights.


Jones
Essentially, the two Fox Sports executives are acting as both designated BTN representatives and media consultants, which is one reason why the Big Ten did not hire a media consultant to help it through these negotiations.

For months, one of the biggest mysteries surrounding the Big Ten’s negotiations has been about who Warren was using as a consultant. There hasn’t been a clear answer. The idea that it’s two well-established network executives certainly comes as a surprise.

The specifics of Fox’s new deal are not set — not even Big Ten or Fox executives know how many games that package will have as the conference still is trying to sell one, two or possibly three more packages to other suitors. The number of games going to Fox is dependent on how the conference structures these other packages. The conference expects to award these packages by Memorial Day.

Fox will have the main package and its deal will feature at least as many games as its current deal, probably more. Under its current agreement, Fox carries 27 Big Ten football games each season.

So far, traditional media companies CBS, ESPN and NBC have taken meetings with the Big Ten and Fox Sports.

CBS is looking for top-level football games to replace its Saturday afternoon SEC game, which is leaving for ESPN after the 2023 season.

NBC has pushed for a weekly Big Ten game that it can package with Notre Dame for a Saturday doubleheader. NBC has the rights to Notre Dame football through the 2025 season.

ESPN carries more of the top college football games than any other network and wants to keep a piece of the always highly rated Big Ten.

Turner Sports also has expressed interest, though its executives have waited on making a formal pitch until Discovery’s purchase of WarnerMedia passed through regulatory channels. That $43 billion deal became official April 8, and they are expected to meet with the Big Ten in the coming weeks.

On the digital front, Amazon and Apple also have had discussions with the Big Ten. Both digital companies increasingly have been using sports as a way to gain more subscribers for their streaming services. Amazon will carry the NFL’s “Thursday Night Football” exclusively this fall, and Apple just started carrying Friday night MLB games exclusively earlier this month.

The presence of so many bidders all but ensures that the conference will see a healthy increase over the six-year, $2.64 billion deal it signed with ESPN and Fox in 2017.

This situation presents an illustration of the college sports landscape where the top two college sports conferences essentially are aligned with rival networks.

ESPN holds all SEC rights through the 2033-34 school year and owns and operates the SEC Network. Fox Sports will be the Big Ten’s main rights holder and is the majority owner of the Big Ten Network.


[Post edited by goldendomer at 04/16/2022 10:56AM]

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Posted: 04/16/2022 at 10:56AM



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Current Thread:
 
  
Sports Business Journal: FOX and B1G have deal in place -- goldendomer 04/16/2022 10:56AM
  The only way to add value is to add audience. -- HOO86 04/19/2022 7:46PM
  Is there any other forum that is discussing this? -- PaNDalum 04/18/2022 4:57PM
  I’m beginning to see it more like Dabo -- PaNDalum 04/19/2022 5:17PM
  I think ND renews the NBC deal -- TerryD 04/19/2022 09:32AM
  No, 5 years from the 2025 renewal -- TerryD 04/19/2022 3:12PM
  Okay, gotcha, more like 7-8 years. ** -- Stech 04/19/2022 3:22PM
  With some others. ** -- MrFantastic! 04/19/2022 10:39AM
  Yep, i am guessing( total guess) we get one more NBC -- goldendomer 04/19/2022 11:10AM
  Dirtburglars.com, is a Oklahoma board -- goldendomer 04/19/2022 11:21AM
  I mostly steer clear of that one -- OU_Sooner 04/19/2022 2:14PM
  Thanks for the information ** -- Stech 04/19/2022 10:58AM
  Agreed -- TerryD 04/18/2022 10:14AM
  I loved being in the Big East. -- Maroon Baboon 04/18/2022 5:30PM
  I am clearly different -- TerryD 04/19/2022 3:18PM
  🍎s & 🍊s -- Maroon Baboon 04/20/2022 12:05AM
  Pretty clear you're only talking about BE football -- EDGEMAN 04/19/2022 10:33AM
  My post below sort of the same thinking. ** -- MrFantastic! 04/18/2022 2:08PM
  NIL and Academic Performance $ link -- daveinop 04/18/2022 09:40AM
  B1G gonna get paid. -- 33laszlo99 04/16/2022 12:31PM
  Could you explain the USF angle to me? -- Maroon Baboon 04/18/2022 10:32AM
  Just spitballin' -- 33laszlo99 04/18/2022 12:11PM
  If it were truly just a B1G vs. SEC battle -- Colonel Jessup 04/18/2022 10:56AM
  The powers that be..... -- 2hhoop3 04/16/2022 1:25PM
  Hear, hear ** -- 33laszlo99 04/16/2022 2:49PM
  Does ESPN control the ACC until 2035? -- Old Line Hokie 04/16/2022 2:08PM
  I cannot answer that....... -- 2hhoop3 04/16/2022 3:08PM
  A small outside chance -- 33laszlo99 04/16/2022 2:56PM

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