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Completely disagree. In my opinion, TV revenues are going to go up for the AAC. Why? The AAC will produce mediocre TV ratings which is better than what the conference is being paid for. Plus, the OOC scheduling will be somewhat attractive and the home games will be worth something. Look at future OOC scheduling for AAC teams over the next 4 years as of now:
Navy: let's assume Army game is treated separately. They have 2 ND and 2 Air Force home games.
UConn: home games with Army, Virginia, Missouri.
Cincy: future home games with Miami, BYU.
East Carolina: home games with Virginia Tech twice, NC St., BYU, and UNC.
Houston: home games with Vandy, Oklahoma, Louisville, Texas Tech, Arizona.
Memphis: home games with Ole Miss twice, Kansas, UCLA
SMU: home games with Baylor, TCU twice.
Temple: home games with Penn St., Notre Dame, Army
Tulane: home games with Duke, Wake Forest
Tulsa: nothing of note at home.
UCF: home game with Maryland.
USF: home games with Syracuse, Florida St., Illinois, Wisconsin,
Thus, there are about 9 decent out of conference games/ year over the next 4 years. If you take the ACC contract of $20 million per school and assume 2/3 of TV revenues are for football, ESPN is paying about $2 mill/year for each ACC team's home games. So these out of conference games should be worth about $18 mill to the AAC per year alone vs the current total contract of $25 million for all sports. The rest of the games may be worth another $18 to $30 mill in total per year for 54 conference games, a conference championship game, and maybe 10 misc OOC games.
Look at basketball. Big East gets $3 million per school per year and ACC gets about $7 million per school per year. I think the AAC basketball would be worth $2 to $3 million per school per year or another $25 to $30 mill per year. Heck, the AAC performed better and had higher ratings than the Big East.
Back of the envelope, the AAC should get anywhere from $5 to $8 mill per school per year. Of course, if schools leave, all bets are off. In my opinion, conference stability is one of the main reasons the current contract is so low.
As for UMass, they bring absolutely nothing to any conference as they are not popular even in Massachusetts. Heck, they drew maybe 10k for their game against Colorado.
I actually see your point & I agree. All these are solid. And notably, certain conferences want to eliminate them. I just don't know where they are going. Further, ALL live content still has room to grow revenue appreciably.