Everyone wanted a bad guy in the great lockout of 2011 — someone to hate. Someone to blame, basically. As outsiders, we had to choose. Were you on the side of the millionaires, or were you on the side of the billionaires? The debate has raged on for months now. Really, there was no correct answer. Was anyone 100% right? Probably not. However, I think we have found a pair of people who are in the wrong.
Both Mankins and Jackson feel that they have been taken advantage of by the free agent system currently in place. As you can recall, both players were only given restricted tenders in the 2010 uncapped year when unrestricted free agent status was pushed to six years of service. And both players had tender offers taken off the table when they didn’t report to their respective teams.
According to reports the two players are now asking to be made unrestricted free agents, or be given $10 million, to settle the Brady v. NFL case. Remember they are named as plaintiffs on the filing — two of the ten. According to Andrew Brandt, the founder of NationalFootballPost.com, Mankins and Jackson can opt out of the class-action lawsuit, but can’t completely stop the entire settlement process.
These reports have been confirmed by the NFL. That source had this to say;
The Pac-10, soon to be Pac-12, Conference has signed what may be the largest television deal in collegiate athletics. The agreement is a 12-year deal that aligns the conference with ESPN and FOX. Reportedly, the deal will run through the 2024-2025 season and will net the conference around $3 billion. According to the reports, this will provide $21 million a year to each Pac-10 program.
The Pac-10’s last deal with ESPN and FOX only netted the schools about $6M each per season. The new deal will provide more than four times this revenue for these programs.
I heard the news that Dayton Flyers head coach Bryan Gregory would be taking the job at Georgia Tech.
In 2009, just two years ago, Gregory agreed to a five-year contract extension with the University of Dayton. That contract would have taken him through the 2017-18 season. Showing the worthlessness of collegiate coaching contracts for non-powerhouse programs, Gregory has decided to take his services elsewhere.
Of course, the really interesting thing here ends up being money. This decision all comes down to compensation.
According to the information I can find, Brian Gregory was making about $480,000 at Dayton. I believe that was prior to the signing of the extension. According to new reports, Gregory was making in the $750,000 area. For comparison, the public school, University of Massachusetts reports their head coach Derek Kellogg’s salary at $476,000. It’s probably safe to say that represents the market for an Atlantic 10 head basketball coach — the $400,000 area being the low-end and the $750,000 number being the higher end. That said, Gregory had proved himself over his 8 seasons in Dayton. Although he missed the NCAA tournament again this year, and had only made it twice in his tenure, he obviously felt he was worth more.
The Atlanta-Journal Constitution got their hands on the email from Georgia Tech to Coach Gregory. Here is the salary piece of the email:
Today we found out what amount the Celtics lost Kendrick Perkins over. It should be noted that the Celtics hands were tied, currently. Boston’s salary cap restraints were too severe to offer Perkins, what he deemed, a market value contract.
The Celtics early February offer was first rumored to be in the area of $30M. That rumored number later came down to the $22 – 24M area. This table shows the breakdown of the two offers:
Yesterday Molson Coors’ inked a deal to become the official beer of the NHL. The deal is the largest corporate sponsorship in history of the National Hockey League. It is valued at almost $400 million and has a term of 7 years.
The NFL just signed a deal with Anheuser-Busch this past year. Conveniently, this creates a rather intriguing comparison.
The deal to make Bud Light the official beer of the NFL cost Anheuser-Busch a pretty penny. The company shelled out $1.2 billion for the sponsorship. That means that the NFL deal is 3 times bigger than the NHL’s deal.
It’s inevitable. At one time, the airing of a major sporting event on cable was unthinkable. That is no longer the case.
Currently, three of the four major American broadcast television networks pay $11.6 billion for the rights to the NFL. It breaks down to; CBS at $3.73B, NBC at $3.6B and Fox at $4.27B). This deal is up at the end of the year. In addition, cable television’s ESPN pays $8.8B through 2013.
As you can plainly see, ESPN pays more per year for its NFL rights package than the three broadcast networks. However ESPN is not part of the playoff telecasts or Super Bowl rotation. Undoubtedly, this is on ESPN’s radar.