Highest P12 school at #12.
Trend lines paint a disturbing picture for the Pac-12
https://footballscoop.com/news/trend-lines-paint-a-disturbing-picture-for-the-pac-12/
This isn’t going to be a pretty story for the Pac-12, but if you’ve been paying attention you know that already.
Earlier this week, the great Jon Wilner of the San Jose Mercury-News reported that the Pac-12 will report $33 million in revenue per school later this year, which sounds great on paper until you realize it’s not 2012 anymore. Just last week the SEC announced it distributed $44.6 million per school over the 2018-19 fiscal year, a 33 percent gap that, according to Wilner, will accumulate into a $100 million difference over just a 5-year period.
The SEC’s revenue is set to skyrocket when ESPN/ABC takes over CBS’s football package, as each school is projected to earn a $17 million annual raise from its game-of-the-week television package alone.
The Pac-12 isn’t set to renegotiate its contracts with FOX and ESPN/ABC until 2024-25, a year after the SEC and Big Ten shake down the networks for all they’re worth.
In related news, UCLA athletics ran a $19 million deficit in fiscal year 2019 and needed a loan from the university. Cal has taken $110 million from the university’s general fund to support athletics over the past five years, and the Golden Bears recently accepted a $1.9 million guarantee to play at Notre Dame in 2022. Oregon State collected a $1.7 million guarantee for visiting Ohio State in 2018.
Flip the perspective to the other end of the spectrum and the picture becomes even more bleak.
As SB Nation pointed out, Georgia produced more blue-chip 2020 recruits than California. Not more blue-chip recruits when adjusted for population — more blue-chip recruits, period.
