Wednesday, December 31, 2014

The market for college football

The NY Times brings us up to date on the business which is college football:

What Made College Football More Like the Pros? $7.3 Billion, for a Start
By MARC TRACY and TIM ROHAN

"The story of college football’s gold rush can be told through television contracts. Under the championship playoff format that began this season, ESPN is paying $7.3 billion over 12 years to telecast seven games a year — four major bowl games, two semifinal bowl games and the national championship game. (In the first semifinal on Thursday, Oregon will play Florida State in the Rose Bowl; the title game is on Jan. 12.)

Each of the five major conferences — the Southeastern, the Atlantic Coast, the Pacific-12, the Big 12 and the Big Ten — will see its base revenue increase to about $50 million, from about $28 million under last season’s system. The base revenue will nearly triple for the five conferences that make up the next tier of college football."

1 comment:

Christine said...

Of course it is a very lucrative sport. It is blowing up, just like DFS, websites for lineups like https://www.dailylineups.com/ and other stuff like that. It is normal, people are fed up with conventional sports, they want other, newer ways of entertainment.