Oil tycoon seeks amendment to college sports broadcasting revenue stream

[LAW DAWG]

Let's save college sports," he says, "before the clock runs out."

Campbell believes college sports need more money and a more effective organization to regulate how that money is spent. He is lobbying Congress to amend the Sports Broadcasting Act of 1961 to allow college sports to negotiate TV contracts as a single group, as professional leagues such as the NFL and NBA do. Colleges currently negotiate their TV contracts by conference, which gives media executives more bargaining power and favors the Big Ten and SEC, which have higher ratings and bigger budgets.

Campbell says he has commissioned research that shows that if colleges could band together, their TV rights would be worth roughly $7 billion -- almost double what they make in total now. It's a change that would direct a larger share of revenue to schools such as Texas Tech, making the Red Raiders less dependent on billionaire alums to help them compete.

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www.espn.com

 

[dubgee10]

Would open up a lot of money for the P4 but what ramifications will that have on the lower division colleges.

 

[Fiyah]

I guess he didn't do his research about this as the Supreme Court decided this.

June 27, 1984: The Supreme Court ruled in favor of Oklahoma and Georgia, saying that institutions owned their television rights and that the NCAA's television contracts violated federal antitrust laws.
The NCAA's contract with ABC, CBS and ESPN was immediately void, and the College Football Association began negotiating television deals for its member institutions.

https://www.oklahoman.com/story/sports/college/cowboys/2013/08/25/exploring-the-history-of-college-football-media-rights/60887384007/

 

[LAW DAWG]

Would open up a lot of money for the P4 but what ramifications will that have on the lower division colleges.

That is my concern. If history tells us anything, instantly or eventually the lower divisions will get left out and have to carve out their way on their own.

The SWAC is still relatively new to the game with ESPN Events, HBCU-GO-TV and SWAC-TV. The last thing we need is for the game to change again.

 

[Fiyah]

That is my concern. If history tells us anything, instantly or eventually the lower divisions will get left out and have to carve out their way on their own.

The SWAC is still relatively new to the game with ESPN Events, HBCU-GO-TV and SWAC-TV. The last thing we need is for the game to change again.

They are doing that now...

 

[LAW DAWG]

They are doing that now...

You are preaching to a preacher.

Yes, the history I'm talking about involves the present. If the game changes the conference will have to change with it. It has taken a long time for us to get where we are now. It would not be good to have start all over again.