Quote:
Originally Posted by Swaggs
The other interesting piece to this is that the Big Ten Network is, to the best of my knowledge, jointly owned by the eleven Big Ten schools (51%) and Fox (49%). Will the existing teams sell their shares to the new teams and, if so, for how much? I cannot imagine a scenario where they agree to split that 51% sixteen-ways, rather than eleven-ways without the new schools spending millions (tens or hundreds of millions?) to buy their way in.
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The percentage of ownership between the conference and Fox would remain the same, but you'd obviously have a 25-30% increase in games on the network and an increase in revenue with markets like KC and STL along with the East Coast making a change in what tier the network was located on. So you see an ad revenue and a subscriber revenue increase as far as network revenues go.