Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I highlighed some points from another post I made which are pertinent to this discussion as well...
Quote:
Originally Posted by Mr. GE
Maryland will make more money in the Big Ten. So will Rutgers, which is expected to announce its move on Tuesday. Maryland's athletic department is in a financial crisis now because it doesn't take a subsidy from the university. With more money flowing in, it should never have to ask for one. That's one less thing Maryland's students and taxpayers will have to pay for in the future. In the ACC, Maryland could expect to make between $20-25 million per year from the league.In the Big Ten, which has its own cable network and probably will set a new all-time high when it renegotiates its Tier 1 television rights in a few years, the distribution will be closer to $40 million a year beginning in 2017.
Maryland's proud history as a charter member of the ACC means little at a time when universities must cherish every dollar they can get. The math is pretty simple. The Big Ten offers a better deal than the ACC. "We're still living paycheck to paycheck," Maryland president Wallace Loh said Monday. "What membership in the Big Ten does is allow us to truly guarantee the financial stability of Maryland athletics for a long, long, long time."
This happens all the time in business. Because of economic forces, government regulation, technological advances or all of the above, things can change dramatically. For years, everyone filled their tanks at Standard Oil stations. They don't anymore. For years, people bought Pontiacs. They don't anymore. For years, people flying between Detroit and Memphis bought tickets on Northwest. Now they buy tickets on Delta. For (a few) years, Americans bought their Internet access primarily through America Online. Now they buy it through their phone or cable companies.
So, unless you can think of a better way for Maryland to bring in an additional $15-20 million per year, quit being so sentimental about it.
So what makes the B1G all so powerful, a TV network ??? Why cant the ACC just get a TV station?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.