I’m not sure if it’s the way I write things on here or just what people want to read into it. I’m saying an additional $28 million to what they plan to offer without buyouts. Not an additional $28 million to our current contract. In other words a BONUS for conference security.
Let’s say for example ESPN were to offer $200 million for 5 years, almost double the current TV revenue. Then ESPN said, they will make it roughly $230 million if all the current teams signed a 5 year $10 million buyout clause prorated down to $1 million per year. It wouldn’t make sense for the bonus to be worth more than the buyout, then teams could just use the bonus to break even with the buyout. Make sense?