http://www.cbssports.com/colle...-to-big-changes
It says we were offered a 9 year $1.4 billion contract and we turned it down. Thats MUCH higher then previously reported. Thats $155.5 million a year...not the $100 - $130 million a year. That works out to about $6 million per basketball and $11.8 per football...or in other words, we were being offered as much as the ACC in the first, non competitive offer.
Now, if you look at the ACC deal they were initially offered $110 million but after the bidding it ended up at $155. If we got a comparable increase it would work out to about $208 million per year. The estimate was that each bball school would get about $6 million per team which leaves $160 million or $17.778 per football team. Given we arent guranteed that same percentage but I dont think its out of the question, especially since we will have more bidders.
It says we were offered a 9 year $1.4 billion contract and we turned it down. Thats MUCH higher then previously reported. Thats $155.5 million a year...not the $100 - $130 million a year. That works out to about $6 million per basketball and $11.8 per football...or in other words, we were being offered as much as the ACC in the first, non competitive offer.
Now, if you look at the ACC deal they were initially offered $110 million but after the bidding it ended up at $155. If we got a comparable increase it would work out to about $208 million per year. The estimate was that each bball school would get about $6 million per team which leaves $160 million or $17.778 per football team. Given we arent guranteed that same percentage but I dont think its out of the question, especially since we will have more bidders.