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Pac 12 likely to release revenue figures on Friday

Discussion in 'Colorado Football Message Board' started by skibum, May 19, 2015.

  1. skibum

    skibum Peed in your Cheerios. Club Member

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    Jon Wilner is predicting that the conference will release revenue figures this Friday

    Why am I posting this today?

    Because I want to get a pre-emptive strike in at the sky-is-falling nitwits who will inevitably use the numbers to compare the P12 and P12 network to the SEC/B1G, and claim that the P12 is doing absolutely terribly compared to its peers.

    I can predict with almost total confidence that someone will compare the P12's Fall 2013/Winter-Spring 2014 revenues and distributions to either or both the SEC's & B1G's Fall 2014/Winter-Spring 2015 revenue/distributions or even the projected 2015/2016 SEC/B1G figures.

    Dumb****s.

    As Wilner writes:


    Any guesses as to which allbuffs posters or local sports writers will need to be directed to this thread on Saturday?
     
  2. HUFset

    HUFset Well-Known Member

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    Jiszla
     
  3. GoBeers

    GoBeers Club Member Club Member

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    Very interested in seeing the p12 network revenue per school. Everything else should be predictable. I think in 2013-2014 FY, they were still paying off significant startup costs, so there won't be a big jump... So maybe in the very low millions?

    For 2014-2015, I would sure hope that payout rises significantly. P12 will also have new CFB playoff money to distribute, so there will be a jump from that either way.

    Someone should know the P12 net revenue for 2014-2015 soon, so even if the conference doesnt release it officially, it may get leaked to Wilner.
     
  4. BlackNGold

    BlackNGold Club Member Club Member

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    So you are saying you do not want to tolerate any negative discussion of the PAC12 Revenues. Regardless of the fact that CU is $30 million in debt (part of which is due to the move to the PAC12) and makes budget decisions based on those revenues. Interesting perspective.

    I don't care too much about the other conferences but I will be concerned is the revenues are significantly less than previously projected. On the other hand maybe they will beat estimates and then I will be happy.
     
  5. skibum

    skibum Peed in your Cheerios. Club Member

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    How the **** do you get that?

    Not wanting people to make retarded arguments based on inaccurate comparisons /= not wanting them to make intelligent arguments (that I may or may not agree with) based on accurate facts.

    Dissent is good.

    Poorly informed dissent is intolerably annoying - unfortunately it's also the fuel of the internets.
     
  6. Darian3Hagan

    Darian3Hagan '89 Player of the Year Club Member

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    You realize this is AllBuffs right?
     
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  7. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

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    [​IMG]

    But we're also easily distracted.

    [video=youtube;5-mWq5B6sU0]https://www.youtube.com/watch?v=5-mWq5B6sU0[/video]
     
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  8. 4DemBuffs

    4DemBuffs Most admired poster Club Member

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    I am upset about how much less the Pac 12 teams get vs the SEC and Big 10.

    What do I win?
     
  9. BuffSurveyor

    BuffSurveyor Club Member Club Member

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    :popcorn:
    Anyone seen the jiz cup?
     
  10. 4DemBuffs

    4DemBuffs Most admired poster Club Member

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    Yeah. Your mom and sister were holding it. I felt dirty. For a moment.
     
  11. SD Buff

    SD Buff Club Member Club Member

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    He's talking about all the message board posts, blogs and Clay Travis articles over the next couple weeks that will be comparing the numbers the other P5 conferences are distributing to the PAC when the PAC is a fiscal year behind. Probably even more so this year considering we just moved over to playoff money, something that won't be in the PAC's revenue numbers. Another example -- both the Big 12 and PAC 12 share very similar Fox/ESPN contracts with sizable yearly escalators, but the Big 12 is a year ahead in reporting. Won't be as annoying on Buff boards - but on National boards and team boards from other conferences, we are a year behind in the yearly **** measuring contest.

    That being said, although the PAC 12 Networks carriage is still an issue, I am not aware the conference is coming up short of projections. The P12 Networks were never expected to make much a distribution the first few years. And its important to note - the only numbers we've seen from the PAC 12 Networks were for FY ending June 2013, just 10.5 months after launch. I am actually shocked we saw a 1M distribution after 10.5 months. Regardless, whether you've talked to George directly are are echoing what you've heard -- no one disagree's the Networks need better carriage. Hopefully the ATT merger goes through and our cable partners open up more markets nationwide.
     
  12. MiamiBuffs

    MiamiBuffs Wᴉɐɯᴉ qnɟɟs Club Member

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    Cause like that BXII thing was working out so well for us. All the reason to stay... :rolling_eyes:

    I hear what your saying though. Spot on in fact on the money part. CU needs to balance its books for sure.
     
  13. MiamiBuffs

    MiamiBuffs Wᴉɐɯᴉ qnɟɟs Club Member

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  14. Fight CU

    Fight CU Club Member Club Member

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    got him
     
  15. SuperD

    SuperD Club Member Club Member

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    Have we ever gotten a reason why the P12's numbers are a fiscal year behind the other leagues? Seems weird that their financial disclosure would be that delayed. Wouldn't they have to have the numbers at least through the end of 2014 for tax purposes?
     
  16. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

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    It's weird to me, too. I don't understand why Pac-12 reporting is delayed by a full year.
     
  17. SD Buff

    SD Buff Club Member Club Member

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    Seemed like last year the media got a hold of the 990 for the conference and reported raw numbers. Whereas the other conferences had more a PR release with platitudes for the future. But that could have been my imagination, will pay more attention this time around.
     
  18. skibum

    skibum Peed in your Cheerios. Club Member

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    You can set your own fiscal year (even for tax purposes), and then you have a certain amount of time after the close of that fiscal year to report. For non-profit entities, that time period to report is longer than for for-profits (you're not sending us money, so who cares how long it takes), and extensions are both inexpensive (maybe even free) and routinely granted.

    My bet is that the technical FYE is July 31 with formal reporting not done for 10 months.
     
  19. SuperD

    SuperD Club Member Club Member

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    Revenue figures are out and being tweeted by Jon Wilner. Total revenue was up ~40 million from the prior year. Distribution of ~21 million to every school except Utah. ~107 million in revenues for the P12 Networks, won't have costs until he digs into the numbers.
     
  20. Darian3Hagan

    Darian3Hagan '89 Player of the Year Club Member

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    Utah gets breads crumbs yet is still kicking our ass.
     
  21. Darth Snow

    Darth Snow Hawaiian Buffalo Club Member Junta Member

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    That's not bad.
     
  22. chitownbuff

    chitownbuff Club Member Club Member

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    I know the UC system's FYE is June 30.
     
  23. GoBeers

    GoBeers Club Member Club Member

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    That's a halfway decent number given the carriage issues. For the P12N, I doubt there is much revenue from ads either. Like <10%. Pac 12 Network doesn't even subscribe to Nielson ratings. So it's way more $$$ than Clay Travis' monkey math prediction. I'd also expect the SEC Network to fall way short of Clay's monkey math. That's because the P12 Network is primarily collecting money from in-market subs at the in-market rate. The out-of-market rate is tiny. So he can't just take total subs and multiply by a made up average and come close. That he has SECN at almost 2x the BTN is insane, considering their in-market footprint is about the same size as BTN. SEC added Tx, BTN added MD, NJ and I think NYC.

    I wish there were more information out there regarding the yearly cost of running the network and the startup costs that must be paid off. At some point, I'd expect a big jump in payouts when the startup costs are covered. If startup costs were, say, $100 million and yearly costs were $40 million, then one might expect $4-5 million per schools after startup costs are covered. Surely they are done paying that off for 2015-16? Those two numbers are totally made up so who really knows, though? If the network really costs more like 80 million per year to run, we might be in trouble waiting for return.

    DirecTV is only 20% of the market, so there might be ~$25 million revenue boost if they ever sign on. So another $2 million per school? Due to the time zone issues, I don't think P12N will ever get significant $$ from out of market subs. Not close to SEC or BTN. It would have been cool for Larry Scott to negotiate out of market carriage for free for major partners provided that they put the channel in HD on the basic tier.

    Gotta say is pretty amazing P12N exists IMO. Outside of a couple of football games a year, and men's basketball in the winter, there is just garbage content 95% of the time.
     
    Last edited: May 23, 2015
  24. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

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    Owning all its own content is a bigger deal than people realize, too.

    Right now, we're in a cable/satellite carriage system for broadcast and revenue.

    But as streaming content increases in popularity, owning your own content becomes a bigger deal. Huge advantage for the Pac-12 with its 100% stake in its network. Nice to have the home office in the same neighborhood as the Silicon Valley giants, too.

    Further, with geography, dominance in Olympic sports, student population and an early push of playing games overseas (like the MBB opener event)... the Pac-12 is going to get picked up in Asia and the Pacific Rim. That dwarfs out-of-market US deals. Even if it's just select events the way that Premier League soccer matches find their way onto US television, the opportunity is ridiculous.

    Short-term, the Pac-12 will likely lag behind the B1G and SEC. Geographically, there's no way it can't. Playing the long game here.
     

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