Here's what Chat GPT said:
What would a media rights deal be valued at for the original Big 12 members if they were all in the conference today?
What would a media rights deal be valued at for the original Big 12 members if they were all in the conference today?
ChatGPT said:
To estimate the value of a media rights deal for the original Big 12 members (i.e., the 12 schools that made up the conference at its founding in 1996), we need to consider current market dynamics, value drivers (like TV viewership and brand strength), and recent media rights trends in college sports.Original Big 12 Members (1996):
- Texas
- Texas A&M
- Oklahoma
- Nebraska
- Colorado
- Missouri
- Kansas
- Kansas State
- Iowa State
- Baylor
- Texas Tech
- Oklahoma State
Key Variables in Valuation
1. Comparable Conference Deals (as of 2024–2025):
- Big Ten (2023–2030): ~$1.1B/year (Fox, CBS, NBC) → 16 teams → ~$70M+ per school
- SEC (starting 2024): ~$710M/year (ESPN/ABC only) → 16 teams → ~$60–65M per school
- Big 12 (new version) (2025–2031): ~$380M/year → 16 teams → ~$31.7M per school
2. Original Big 12’s Market Power (Hypothetical Today):
If the original Big 12 still existed today, it would include blue bloods like:- Texas and Oklahoma (huge ratings drivers)
- Nebraska (strong history, though less relevant now)
- Texas A&M, Colorado, and Missouri (top 25 potential)
- Strong rivalries and footprint across TX, OK, MO, CO, KS, NE, and IA
Estimated Media Rights Valuation (2025 Market)
Metric | Estimate |
---|---|
Estimated total value | ~$700M–$850M/year |
Number of teams | 12 |
Estimated per-school payout | ~$58M–$71M/year |
Assumptions Behind Estimate:
- Valuation assumes Tier 1 & Tier 2 rights only (TV + digital)
- Does not include conference-owned networks or third-tier rights (like Longhorn Network)
- Assumes current 2025–2030 media rights landscape, not a future-shifted scenario
- Uses recent valuations of comparable college football brands and viewership