Nine didn’t pay 185 million
he sold nine an extra game and it was for no sharing of games with foxtel
can’t compare to current deals
That was the deal. NRL was going to receive $185mill from Nine (DOUBLE the previous payment). Sure nine was going to recoup some of that back from on-selling but as far as NRL goes the revenue from Nine would have been $185mill a year. It only ended up being $205mil a year total. He literally only had to get more than $20mill a year from Fox and we would have been ahead!!
He should have been given the chance to then have a go at Fox. If he ended up delivering less than the deal we ended up with $205mill from ch9/Fox, fair enough we would have rightfully denigrated him but he wasnt given that shot. And lets be honest they were never going to sell the rights to Fox for less than $20million!!
It was literally our best chance to move ahead of AFL in TV rights. We went from $185 mill just Ch9 to $85mill channel nine $120mill Fox. We got well and truly screwed, again! This was out first year of independence from News Ltd and we should have used it to lay down a new future. Instead we fell back to our old ways and let them dictate to us.
Fats forward a decade and we then did the same again with Ch9 ousting Greenberg because he didnt want the NRL to sign the sht deal Vlandys signed on to.
2013 deal by the numbers (australian tv rights)
AFL
Fox $106.9mill + $17mill
Ch7 $85mill + $10mill
Total $219.6mill a year
NRL
Fox $100mill+$10mill
Ch9 $85mill+$10mill
Total $205mill a year
You can see where sticking with Smith would have got us! We gave away $100mill a year from Ch9 to get around $30mill back from Fox!
A massive missed opportunity only surpassed by Vlandys extending the tv deal during covid and missing out on hundreds of millions of $'s!