Bulls1181 Posted August 16, 2012 Group: Member Topic Count: 170 Content Count: 5,722 Reputation: 366 Days Won: 8 Joined: 08/03/2011 Share Posted August 16, 2012 http://espn.go.com/blog/collegebasketballnation/post/_/id/62339/big-east-hire-reveals-leagues-stakes Link to comment Share on other sites More sharing options...
Skingraft Posted August 16, 2012 Group: Member Topic Count: 743 Content Count: 13,357 Reputation: 2,482 Days Won: 63 Joined: 12/11/2006 Share Posted August 16, 2012 The comment section on that article is worth a read.... That is the second article I have seen where they do not mention NBC..... Link to comment Share on other sites More sharing options...
Mama_Bull Posted August 16, 2012 Group: Member Topic Count: 1,207 Content Count: 18,470 Reputation: 899 Days Won: 44 Joined: 10/14/2003 Share Posted August 16, 2012 New commissioner adds to Big East television focus By Greg Auman, Times Staff Writer Greg AumanTampa Bay Times In Print: Thursday, August 16, 2012 TAMPA — At a time when so many other aspects of the economy are struggling, the market for television deals in college sports continues to rise to staggering levels, from millions of dollars to billions in the past six years. So it's not that surprising that as the Big East sought a leader to build its new identity moving forward, the conference turned to former CBS Sports vice president Mike Aresco, who has never worked for a college or a conference but is being lauded as a smart, progressive choice as the league's new commissioner. "You've got to be able to understand the television business," said author Keith Dunnavant, who chronicled that relationship in the 2004 book The Fifty-Year Seduction, "particularly in a position like the Big East, where there's been a lot of membership changes. They've had to fight other conferences to survive. They've gone out and tried to grow their membership in what has effectively been a defensive posture. "I think this definitely is an aggressive move that says the Big East is serious about retaining its place at the big boys' table in college football." In today's world of college football, a TV deal is a status symbol, something that measures national interest and relevance, and for the individual football programs, it represents their best opportunity to increase the athletic budget and stay competitive fiscally. "For an athletic department, you have other sources of revenue, like ticket sales, but the big item that has upside is television rights through your conference," said Kevin O'Malley, a former executive with CBS and Turner Sports who lives in Oldsmar and has spent the past nine years as a sports media consultant in these megadeals. "For that reason, it has absolutely paramount importance." O'Malley estimated that the value of a major conference's media rights has risen between 300 and 400 percent in the past six years. That allows for a potential jackpot even for a conference such as the Big East that is rebranding itself as a national entity, with member schools now spanning from its Northeast roots to USF, through Texas to San Diego State and Boise State next year. Last year the Big East turned down an offer from ESPN reported to be about $150 million a year for nine years, hoping a competitive market would drive up the league's value. That move seemed to be a serious gamble when four key member schools — West Virginia, Texas Christian, Pittsburgh and Syracuse — announced they were leaving for the Big 12 and ACC. But with eight schools set to join over the next three years, projections for a TV deal have varied widely, some suggesting the Big East could get as much as $190 million per year for 15 years. That's $2.85 billion. "It's huge," O'Malley said of Aresco's hiring. "This is something you learn over a career of experience. It's not something you can go to school for and pick up in a couple of months. "I've been doing this for 39 years, one way or another with the networks and in consulting, and Mike has also had a very long career. There's no substitute for that. You have to have been immersed in the history of this. It's a very, very positive thing for the conferences." If football is the driving economic force in any major college athletic department, then television easily remains the best source of revenue from football. So it's no coincidence the Big East's future, and its leadership, have a considerable stake in the TV deal to be negotiated by the end of this year. If it comes together, the contract will give the Big East the long-term stability it could have only hoped for during much of a tumultuous past year. "In the end, the Big East has to perform, on the field and on the court," Aresco said at his news conference Wednesday. "It has done that in the past, and if it does so in football, things will take care of itself. … We embrace the future with tremendous optimism." [Last modified: Aug 15, 2012 09:16 PM] http://www.tampabay.com/sports/college/new-commissioner-adds-to-big-east-television-focus/1246000 Link to comment Share on other sites More sharing options...
slick1ru2 Posted August 16, 2012 Group: Member Topic Count: 554 Content Count: 14,411 Reputation: 438 Days Won: 13 Joined: 07/25/2008 Share Posted August 16, 2012 (edited) Greg Auman â€@gregauman USF fans: New Big East commissioner Mike Aresco will be on @987thefan tomorrow morning at 11:20 with @commishonline and @Gary_Shelton ... That was posted an hour ago. For those not in Tampa Bay. http://tampa.cbslocal.com/category/sports/ Edited August 16, 2012 by slick1ru2 Link to comment Share on other sites More sharing options...
Mama_Bull Posted August 27, 2012 Group: Member Topic Count: 1,207 Content Count: 18,470 Reputation: 899 Days Won: 44 Joined: 10/14/2003 Share Posted August 27, 2012 Greg Auman does a Q & A with Mike Aresco the new Big East commissioner. http://www.tampabay.com/blogs/bulls/content/qa-new-big-east-commissioner-mike-aresco Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now