ESPN and College Football Playoff agree to $7.8 BILLION six-year extension

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SHGopher

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Do you think they need the NCAA? ESPN is hard to watch. They are so bad watching it makes one feel we are being punished.
 
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Really disappointed. Short sighted. No way this doesn’t get a larger bid in the open market if you split it amongst multiple networks.
should have let it lapse completely and hit the market after next season

Perhaps the conference are worried the 12 team playoff won’t get high ratings and so they’re selling high now
 





Some guy said:
Really disappointed. Short sighted. No way this doesn’t get a larger bid in the open market if you split it amongst multiple networks.
should have let it lapse completely and hit the market after next season

Perhaps the conference are worried the 12 team playoff won’t get high ratings and so they’re selling high now
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Yep. They dropped the ball on this one, big time. I'm surprised the Big Ten let this happen.

They probably left a couple billion on the table.
 




This past season, NBC Universal paid the NFL $110 million last year for rights to carry a wild card game on Peacock -- which was a one-year deal.

Over six years, 54 college games. NCAA gets $144 million per game
 


Some guy said:
Really disappointed. Short sighted. No way this doesn’t get a larger bid in the open market if you split it amongst multiple networks.
Click to expand...
I don't understand how it's even possible that it was no allowed to go to multiple bidders??

Sounds like an SEC screw job, and wonder if people got paid off to put pen to paper.
"Now you just have some'a this fine pie my missus baked specially for you, and you think about that. "
 

MisterGopher said:
Report: CFP Management Committee Denies Rumors About 6-Year, $7.8B ESPN TV Contract
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OK. Good. Wonder if this was leaked to try to break things up, or what.

Ross Dellenger continues to be the #1 source of truth in college football. Don't think there is anyone more trustworthy and on top of the game. Such a huge pickup for Yahoo.

https://sports.yahoo.com/college-fo...er-on-cfp-management-committee-204500201.html

In a memo sent to his league administrators, MAC commissioner Jon Steinbrecher described reports of the CFP agreeing to or having concluded an extension of the media rights deal with ESPN as “incorrect.” In fact, Steinbrecher, the longest-serving member of the 11-person management committee who often chairs the committee’s meetings, told administrators that commissioners and their corresponding presidents on the CFP Board of Managers have not reviewed a draft of a potential new deal.

Yahoo Sports obtained a copy of the email through an open records request.

“Several news outlets are reporting that a new six-year television deal has been concluded for the College Football Playoff,” Steinbrecher wrote in an email dated Feb. 13. “Be advised, these reports are incorrect. Neither the Management Committee (commissioners) nor the Board of Managers (presidents) have reviewed a draft agreement nor has any vote been taken.”

In typical protocol, the CFP Management Committee, the 11 conference commissioners and Notre Dame’s athletic director, would make a recommendation to the Board of Managers for the adoption of any CFP decisions. The Board of Managers is the highest ranking governance body of the CFP.

While the CFP continues to work toward an extension with ESPN, no deal can be formally agreed to or signed because of a litany of unresolved matters related to the long-term structure of the playoff, multiple commissioners tell Yahoo Sports.

Six weeks ago, ESPN itself reported that the network was in the midst of negotiations with the CFP to remain its exclusive rights-holder, with the parties negotiating a six-year extension through 2031 worth about $1.3 billion annually. Earlier this week, The Athletic, reporting the same terms as ESPN’s original report, published a story that the CFP and ESPN had “agreed” to the deal, noting the unfinished issues lingering around the future structure of the playoff.
 



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