Though the focus of the Big 12 now shifts toward equality — the Big 12’s Board of Directors voted 8-0 last October to a formal grant of TV rights to the conference for at least the next six years — it’s pretty much a given that the future stability of the Big 12 will still run through Austin, Texas, and Norman, Oklahoma.
Keep the two powers happy and the Big 12 can survive.
Of course, a little (or, a lot) more money in the bank account helps, and the Big 12 appears to be on the verge of making a big deposit.
The SportsBusiness Journal and Daily is reporting that the Big 12 is nearing a TV deal extension with ESPN that would earn the conference roughly $2.5 billion over the next 13 years when combined with the conference’s second-tier rights deal with FOX. The conference would reportedly make $1.3 billion from ESPN along with $1.2 million from FOX over the life of the agreement.
The Big 12’s current deal with ESPN runs through 2016 and the extension would take the partnership through 2025, same as FOX’s. The result of the extension would be an annual increase of $50 million (from $150 million to $200 million), which would equal roughly $20 million annually per Big 12 member.
As a reference, the Pac-12’s monster media rights deal from last year puts its members at a little under $21 million annually through the life of that 12-year agreement. Members from the SEC pulled in an average of $19.5 million in 2010-11. Keep in mind that the SEC will almost certainly revisit its media deals with the additions of Texas A&M and Missouri.
You can also view a breakdown of the Big 12’s old TV deal compared to other power conferences HERE, courtesy of the Kansas City Star.
The short story is that the extension puts the Big 12 more or less at the same financial level as the major power conferences in college athletics (Big Ten, Pac-12, SEC). The SBJ also notes, interestingly, that the extension could “end any discussion of the Big 12 expanding back to 12 teams.”
Looking at you, Louisville.
CORAL GABLES, Fla. — Miami fired offensive coordinator Josh Gattis on Friday, ending the former Broyles Award winner’s time with the Hurricanes after only one season.
The school announced the move in a one-sentence press release, with no other detail: “Josh Gattis has been relieved of his duties as offensive coordinator, Miami head football coach Mario Cristobal announced Friday,” read the release, sent from a university spokesman.
The Hurricanes went 5-7 in Gattis’ lone season. He was brought in by Miami only a few weeks after winning the 2021 Broyles Award – given to the nation’s top assistant coach – while serving as Michigan’s offensive coordinator and helping the Wolverines reach the College Football Playoff.
But Miami’s offense, for a number of reasons, failed to meet expectations in 2022. Part of that was injuries; starting quarterback Tyler Van Dyke battled a shoulder injury, and the Hurricanes turned to Jake Garcia – who has since transferred – and Jacurri Brown for much of the season.
Miami scored 100 points in its first two games last fall, overpowering Bethune-Cookman and Southern Miss. The Hurricanes averaged only 18.3 points the rest of the way, and finished the year 5-0 in games where the defense allowed no more than 14 points – but 0-7 when opponents scored more than 14.
Miami was 86th nationally in total offense last season, averaging 367.1 yards per game, and 97th in scoring offense.
Gattis played at Wake Forest and worked at North Carolina, Western Michigan, Vanderbilt, Penn State, Alabama and Michigan before coming to Miami.
BATON ROUGE, La. – LSU accidentally overpaid Tigers football coach Brian Kelly by $1 million during the first year of a 10-year, $100 million contract, but discovered the error and has moved to correct it, the Louisiana Legislative Auditor’s office said Wednesday.
Kelly was overpaid $1,001,368 in supplemental payments in 2022 because duplicate payments made both to Kelly’s LLC and to the coach directly.
The double payments began in May and continued until LSU officials detected the errors in November.
“LSU management and the head football coach have enacted an adjusted payment schedule so the amount of overpayment will be recouped by the conclusion of fiscal year 2023,” the Legislative Auditor’s report stated.
Kelly, who previously coached at Notre Dame for 12 seasons, was hired by LSU after the 2021 season, when the Tigers went 6-7 for its first losing season since 1999.
LSU exceeded expectations in Kelly’s first season in Baton Rouge, winning the SEC West Division and finishing 10-4 after a 63-7 victory over Purdue in the Citrus Bowl.