Mid Major Financial Advantage

[ZZZips]

The article below is one example of the huge disadvantage we have as a mid-major conference. This board has been hot and heavy on how to improve our stature and presence in the sports world. Everybody is for improvements but lets be realistic when we talk about "lets try this or that" like the big boys. We are lucky to have a broadcast let alone receive money from the producers.________________________________________________________________________________UW's proposed media deal nears approvalMadison - A multi-million dollar contract extension between the University of Wisconsin athletic department and Learfield Communications moved one step closer to formal approval Thursday.The Business, Finance and Audit Committee of the UW Board of Regents, meeting at UW-Oshkosh, recommended approval of the deal that would provide UW more than $76 million over the next 12 years. The deal, if approved, would extend the current agreement by 10 years and run through June 30, 2019.The full Board of Regents is scheduled to take action today on the committee's recommendation."It passed its first step," said Vince Sweeney, senior associate athletic director for external relations. "We'll know (Friday) whether it's soup or not."Some highlights of the proposed contract extension:Starting no later than May 1 of this year, Learfield would make a total of 12 annual payments totaling $75,025,000.Learfield would increase the annual rights fee for the final two years of the current contract by a combined $2,040,000. UW would be paid $4,925,000 on or before May 1 of this year and $5,425,000 on or before May 1 2008.Learfield would pay a one-time extension bonus of $1 million and pay $750,000 toward the instillation of courtside LED signage at the Kohl Center and LED fascia signage at Camp Randall Stadium.Learfield would continue to manage coaches' TV and radio shows and be responsible for live radio broadcasts of football, men's basketball, women's basketball and men's hockey games. Learfield would have limited TV broadcast rights for men's hockey, women's basketball and women's volleyball.Officials from Learfield first proposed the contract extension last June. UW felt comfortable with the deal after studying similar deals of other athletic departments."I think the committee was receptive to it and showed their support," Sweeney said. "I'm optimistic the full board will have the same viewpoint."

[AK-Zips]

Akron is already contracted with ISP sports with rights fees and guarentees attached. you just don't hear about all of the details becasue we are a mid-major... not Wisconsin or the Cumblowus Suckeyes!

[bobbyake]

The article below is one example of the huge disadvantage we have as a mid-major conference. This board has been hot and heavy on how to improve our stature and presence in the sports world. Everybody is for improvements but lets be realistic when we talk about "lets try this or that" like the big boys. We are lucky to have a broadcast let alone receive money from the producers.________________________________________________________________________________UW's proposed media deal nears approvalMadison - A multi-million dollar contract extension between the University of Wisconsin athletic department and Learfield Communications moved one step closer to formal approval Thursday.The Business, Finance and Audit Committee of the UW Board of Regents, meeting at UW-Oshkosh, recommended approval of the deal that would provide UW more than $76 million over the next 12 years. The deal, if approved, would extend the current agreement by 10 years and run through June 30, 2019.The full Board of Regents is scheduled to take action today on the committee's recommendation."It passed its first step," said Vince Sweeney, senior associate athletic director for external relations. "We'll know (Friday) whether it's soup or not."Some highlights of the proposed contract extension:Starting no later than May 1 of this year, Learfield would make a total of 12 annual payments totaling $75,025,000.Learfield would increase the annual rights fee for the final two years of the current contract by a combined $2,040,000. UW would be paid $4,925,000 on or before May 1 of this year and $5,425,000 on or before May 1 2008.Learfield would pay a one-time extension bonus of $1 million and pay $750,000 toward the instillation of courtside LED signage at the Kohl Center and LED fascia signage at Camp Randall Stadium.Learfield would continue to manage coaches' TV and radio shows and be responsible for live radio broadcasts of football, men's basketball, women's basketball and men's hockey games. Learfield would have limited TV broadcast rights for men's hockey, women's basketball and women's volleyball.Officials from Learfield first proposed the contract extension last June. UW felt comfortable with the deal after studying similar deals of other athletic departments."I think the committee was receptive to it and showed their support," Sweeney said. "I'm optimistic the full board will have the same viewpoint."

We are lucky to have a broadcast let alone receive money from the producers?

Lucky? That's BS. There's money to be made off Akron games, if not much, it's still money and profits.

[rocketfootball]

The University of Toledo has a 14 year deal with Learfield that just began this past December. Hey, maybe with this marketing deal they can come up with cool ways to promote the next arrest at UT? :blink:

[Buckzip]

"Cumblowus Suckeyes"I would respond to that. However, then some whiner would complain that I was talking about someone else on this board.