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SBJ: SEC Network announcement coming Tuesday

Mike Slive AP

SEC Commissioner Mike Slive confirmed to Pat Forde of Yahoo! Sports last month that a formal announcement on the long-awaited SEC Network, previously labeled as “Project X”, would be made sometime around the middle of April. Following up that, the Sports Business Journal reports today that announcement will come on Tuesday at noon.

The SPJ notes that, as previously expected, the network will launch in August, 2014, following the expiration of the conference’s current third-tier TV rights contracts. ESPN is expected to be the primary broadcast partner for the new channel.

While the specifics of the deal aren’t known yet, and may not officially be disclosed on Tuesday, the projection is that the network will be “every bit as big as the Big Ten Network” financially speaking. To put that into context, Big Ten members outside of Nebraska have received $7.2 million and $7.9 million from the Big Ten Network for the past two years, respectively. With the additions of Missouri and Texas A&M, the SEC could be looking a number larger than that.

It should be noted that the SEC was reportedly close to resolving issues related to obtaining local TV rights last month, something that will likely cost the SEC on the front end; the back end of the new deal is expected to be flush with cash, however.

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4 Responses to “SBJ: SEC Network announcement coming Tuesday”
  1. bigdinla says: Apr 12, 2013 11:16 AM

    Pretty excited about this channel. Should really help the non-revenue sports.

  2. thegamecocker says: Apr 12, 2013 11:35 AM

    It should also help all academic areas as well. These schools will continue to make great strides academically surpassing many of the northeastern and midwestern schools for academic excellence. THAT is what money can do…….

  3. alligatorsnapper says: Apr 12, 2013 11:50 AM

    bigdinla and the gamecocker are “right on the money”!) so much for my two cents…

    LSU Football was the first college football program to contractually obligate themselves to putting back into academics a percentage off the top of their revenues and 50% of their profits.

    Money, money, money! Money for research into structures that can withstand tidal surges from hurricanes, and money for research to find the answer to stop coastal erosion, where in south Louisiana we have lost land the size of Rhode Island since 1900. Money to research cures for various diseases.

  4. guinsrule says: Apr 12, 2013 1:41 PM

    With all that new money, surely they’ll want to share it with the players. After all, without the players, there would be no money to begin with…

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