to see in our rear view mirror....... An excerpt......
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The $23 million from the Big 12 is only part of West Virginia’s guaranteed income. It does not include revenue from third-tier media rights, which in WVU’s case is the 12-year contract with IMG, which is in excess of $80 million over the life of the pact. Including the annual revenue from that contract, West Virginia will take in nearly $30 million this year before selling a ticket or banking a single contribution from the Mountaineer Athletic Club, its fundraising arm.
With the jump to a 100 percent share next year, that could mean a total payday of well over $35 million. If the conference’s calculations hold true and Bowlsby’s eventual $44 million payout is correct, West Virginia will be earning more than $50 million annually by the end of the current television contracts."
- See more at: http://www.wvgazette.com/article/20150529/GZ02/150529168#sthash.6DG0uygG.dpuf
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The $23 million from the Big 12 is only part of West Virginia’s guaranteed income. It does not include revenue from third-tier media rights, which in WVU’s case is the 12-year contract with IMG, which is in excess of $80 million over the life of the pact. Including the annual revenue from that contract, West Virginia will take in nearly $30 million this year before selling a ticket or banking a single contribution from the Mountaineer Athletic Club, its fundraising arm.
With the jump to a 100 percent share next year, that could mean a total payday of well over $35 million. If the conference’s calculations hold true and Bowlsby’s eventual $44 million payout is correct, West Virginia will be earning more than $50 million annually by the end of the current television contracts."
- See more at: http://www.wvgazette.com/article/20150529/GZ02/150529168#sthash.6DG0uygG.dpuf
