AAC Media Contract

[Gilenerm]

At this point, does anyone even know if the contract is done yet? If not, what might be holding it up? They way they were talking, we should have known the details last week.

[Lobot]

It was pointed today by a Uconn Blogger (@Noescalators) that this was taken from a 3 year budget projection by the Memphis AD to the Memphis Board. It has no bearing on the actual length of the contract for the AAC. These numbers from the slides the Commericial Appeal got are estimates on the part of Memphis. They are not hard numbers from the AAC contract. It's a budget scenario, not facts. The CA screwed this up a bit.

[Lobot]

Here's more from the Memphis folks. Looks it's a sliding scale contract that starts at 5M in the first year and gets up to 8.5 in 2021-2023

https://www.commercialappeal.com/story/sports/college/memphis-tigers/basketball/2019/03/02/memphis-aac-distributions-new-media-rights-deal/3036457002/

[Gilenerm]

Memphis President said he was "pleased" with the contract. For whatever that is worth... I'm really hoping for 8, based on the same rumors you've probably heard, but I'm not giving up on the idea of 10.

[Lobot]

Memphis pres let it out that the Media contract renogotiations with ESPN have concluded and the contract details should be announced next week.

I’ve seen anything from 4M per school to 10M. Rumor has it that they asked for 10 and then couldn’t get it because they have no Grant of Rights deal. ESPN supposedly came back with 8. anything over 2 is an improvement.