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NCAA Lost $600 Million in Revenue Due to Pandemic

Due to the coronavirus pandemic, the NCAA lost $600 million in revenue when the March Madness was cancelled last spring.

Will Galvez

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Talk about a horrible fiscal year.

Due to the coronavirus pandemic, the NCAA lost $600 million in revenue when the March Madness was cancelled last spring.

Comparatively, the NCAA generated $868 million in 2019. Money was being poured in by multimedia and marketing rights fees from CBS and Turner. That netted a $71 million profit on $1.1 billion in revenue.

Per Front Office Sports:

The NCAA’s financial year ended on August 31, 2020 and included:

  • $519 million in revenue
  • A $56 million overall loss
  • A $702 million drop from 2019 NCAA tournament revenue
  • Recouping $270 million from cancellation insurance
  • Spending $473 million less on events.”

The plan for the 2021 NCAA Division I Men’s Basketball tournament is to have all games take place in Indianapolis, as opposed to teams criss-crossing the country as they advance deeper into the tournament.

Barring any change in COVID–19 testing protocols, one can only imagine the circus that it will be trying to house 68 college basketball teams and their staff in one municipal city. But it seems many people are making plans for possible changes.

Recent Tournament field projections at ESPN, CBS, and other sites have included what the field would look like with a full 38 teams, what it might look like with just 32 teams and what it might look like with as few as 16 teams.

All of that extra work makes one thing pretty clear. The TV money from the men’s college basketball tournament REALLY matters to the NCAA. The organization probably cannot afford to cancel another one and will do whatever is necessary to crown a champion in 2021.

Sports TV News

Kevin Negandhi: I’m the Same on SportsCenter As I Am In Real Life

“I’ve always just tried to find that blend where I can be respectful for the audience and have a good time and have fun delivering highlights.”

Ricky Keeler

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Kevin Negandhi has been one of the hosts of the 6:00 PM ET SportsCenter on ESPN over the last few years. Even in this prominent role, Negandhi takes great pride in making sure the viewer is being entertained and getting an escape from the real world, at least for an hour.

Negandhi was a guest on The Adam Schein Podcast this week and Schein asked him how he would describe his broadcast style. He wanted to make it clear that if you met him on the street, he is the same person that you see on ESPN.

“I’m the person that you would meet casually, I’m the same person on TV. I’ve always said that I represent not just my family, not just where I’m from, I represent the passion of the great area and region that is Philadelphia. When you see me on TV, I feel like I’m letting you into a conversation I would normally have with you if we were talking about something. You are here for an escape, let’s talk about it because I got in the business because I passionately love sports. It was my connection with my family growing up. Connection with my family still to this day. It’s kind of like get in with us.”

Whenever Negandhi is hosting SportsCenter, he told Schein he tries to find a good mix of giving the highlights and the news while also understanding that the viewer is looking to be entertained as well.

“I’ve always just tried to find that blend where I can be respectful for the audience and have a good time and have fun delivering highlights and delivering the news and making sure you are entertained but at the same time understanding that I’m having fun with you while you are watching us as an escape.”

One other broadcaster that stands out for not being just a broadcaster according to Negandhi is Scott Van Pelt because Van Pelt is comfortable being himself and doesn’t have a filter.

“Scott Van Pelt really stands out to me because when you watch Scott, there is no filter with Scott. He’s not a broadcaster. Scott is Scott and he is comfortable in his skin.”

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Sports TV News

MLS Season Pass Debuts on Apple TV

The first MLS season begins on Saturday, February 25th, with Nashville SC taking on New York City FC. All matches will be available for free during the first week of the season.

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MLS Season Pass on Apple TV debuted to much fanfare for Major League Soccer fans Wednesday.

Fans from around the world will be able to watch every MLS contest as the launch of the service begins the streaming platform’s 10-year, $2.5 billion media rights contract with the American soccer league.

With the debut of the service, most MLS games will now take place on Saturdays and select Wednesdays with 7:30 PM local start times.

MLS Season Pass will feature several prominent soccer voices, including analysts Taylor Twellman and Cobi Jones, play-by-play man Max Bretos, and studio host Liam McHugh.

The MLS season begins on Saturday, February 25th, with Nashville SC taking on New York City FC. All matches will be available for free during the first week of the season.

The streaming service will cost $14.99 per month or $99 per season, with existing AppleTV+ subscribers being offered the package at a discounted price of $12.99 per month or $79 for the season.

MLS Season Pass launches on a wide range of viewing platforms. Not only is the service available on televisions, smartphones, and tablets, but it can also be viewed on smart TVs, computers, and video game consoles.

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Sports TV News

MLB Network Dropped By YouTube TV

“MLB Network has offered terms consistent with what close to 300 other U.S. providers have agreed to for distribution.”

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After contract negotiations stalled, YouTube TV dropped MLB Network from its channel lineup.

“We apologize for the news and will continue conversations with the MLB to advocate on your behalf, in the hope of restoring their content on YouTube TV,” an email to YouTube TV subscribers said.

MLB Network was previously included in YouTube TV’s $64.99 per month plan before being dropped Tuesday.

Spring Training for MLB franchises begins on February 24th.

“With Spring Training about to start, we regret that YouTube TV has been unwilling to negotiate a fair carriage agreement,” an MLB Network spokesperson told Barrett Sports Media. “MLB Network has offered terms consistent with what close to 300 other U.S. providers have agreed to for distribution.

“With the great demand and value for live baseball content, Major League Baseball’s commitment to MLB Network now and in the future is stronger than ever before, and we remain open and committed to reaching an agreement with YouTube TV as soon as possible.”

YouTube TV has gone through several carriage disputes in the past, with most — like those with NBCUniversal and Disney — being resolved after short disruptions to subscribers.

Viewers affected by the decision from YouTube TV can go to findlmbnetwork.com to see alternative options.

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Barrett Media Writers

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