UConn football in this conference will be as good as UConn football in the BE. The quality of football is the same (if not better) in the AAC. UConn wasn't beating out many of the P5s for recruits back then (and it still managed to send 25+ players to the NFL). It's in the same position.
As for the athletic department, the money doesn't start becoming a huge problem until the exit fees/penalties run out. Remember, UConn makes an extra $5m a year from that ($25m over 5 years, I think it is). You add $2m to that and maybe an eventual bump to say $3 or $4m, and you are $8 or $9m behind the ACC. if you can stomach that for awhile, you can last the remaining 5 years.
I noticed last month Herbst had to go to the legislature because of a $46mm shortfall at UConn. Right now no legislator running for re-election would deny UConn. But, year to year it will be difficult. A B1G payout of $27-30mm would go a long way towards bridging gaps. The $2mm AAC payout we get now for football and basketball now is about half of what Providence (PROVIDENCE?) gets for basketball only in the BE. We can live on the alimony for a little while, but everything else suffers in the meantime. Competition, prestige, recruiting, fan interest etc. There is no sugar coating this. "Reality bites"!
Please read below:
How Massive Conference Payouts Are Changing The Face Of College Sports
The Big Ten will soon distribute upwards of $30 million to each member school.
When we named the Texas Longhorns
college football’s most valuable team last week, we highlighted the unprecedented revenue generated by the team. Last year Texas football got $35 million from tickets and another $30 million from contributions, making up 60% of the team’s $109 million in record income. But another piece of that total was a share of revenue distributed by the Big 12 to its member schools.
Television money is the most obvious source of conference-level income. Within the last few years the ACC, Big 12 and Pac-12 all made headlines by signing massive, multi-billion dollar deals. The ACC’s recent contract with
ESPN ESPN pays around $17 million per school annually, and that’s on the low end. And part of the reason why the Big Ten is distributing so much to member schools is that it’s co-owner of the Big Ten Network, which alone kicks off dividends of nearly $10 million per school. Conference-specific networks in the Pac-12 and SEC may soon be just as lucrative.
And it’s not just massive TV deals driving up those numbers, though they’re the biggest part. The major conferences receive an automatic BCS payout each year, and this year’s check is worth some $24 million. That’s up $2 million from 2010-11. On top of that are BCS at-large bids, worth another $6 million, and non-BCS bowls. The SEC, ACC and Big Ten are each collecting over $15 million from non-BCS bowls alone this year, and even the Pac-12, which had a down season, will get more than $11 million. Those conference bowl payouts are
described in more detail here.
The other major driver of conference revenue is basketball, in the form of NCAA tournament payouts. That revenue distribution model rewards conferences for their tournament performance over a six-year rolling period. The financial details
can be found here, but that essentially translates to another $20 million or so annually for basketball powers like the ACC and Big Ten. The Pac-12 and SEC get closer to $15 million per year. NCAA tournament payouts increase each year at a roughly 8% clip.
For athletic departments to prosper financially, they still need to sell tickets, collect alumni contributions and sign rich sponsorship contracts. But as conference distributions grow bigger and faster than ever before, athletic departments can rely more and more on their conferences for a stable income source. And who knows, as the nation’s top programs grow increasingly fruitful, they may even find some extra money to pay the athletes who have made it all possible.
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