Sep 7, 2012, 12:55 PM EDT
The Big 12 has finalized a television rights agreement with ESPN and Fox Sports on a 13-year deal that is reportedly worth close to $2.6 billion annually and extends through the end of the 2024-25 season.
“The stability of the Big 12 Conference is cemented,” commissioner Bob Bowlsby said in a statement. “We are positioned with one of the best media rights arrangements in collegiate sports, providing the Conference and its members unprecedented revenue growth, and sports programming over two networks.”
The agreement is more like an extension, building on a deal that would have run through the 2015-16 season and extending it for nearly another decade.
On the basketball side of the agreement, ESPN will retain the primary rights to the Big 12, including the Big 12 tournament.
“The Big 12 will generate per member television revenue at the highest level of college athletics, while increasing exposure for our programs, and continuing to provide for comprehensive institutional rights,” Oklahoma State president and Big 12 Conference board of directors chairman Burns Hargis said.
The meat of the deal, though, is football, and the Big 12 now has 25 guaranteed national games per season, spread across ABC, ESPN, FOX, and FX.
“The Conference is excited to build upon its long-standing relationships with both ESPN and FOX,” Hargis added. “I would also like to acknowledge the Board’s executive committee for its fine work during this process.”
- Re-ranking Recruiting Classes: Who are the 25 best players from the Class of 2009? 1
- Florida State lands commitment from five-star 2016 prospect 0
- USA U19 team wins in overtime of gold-medal game over Croatia at FIBA World Championships 0
- Re-ranking the recruiting classes: Who are the 25 best players in the Class of 2008? 1
- Re-ranking the recruiting classes: Who are the 25 best players in the Class of 2007? 1
- Re-ranking the recruiting classes: Who are the 25 best players from the Class of 2006? 0
- Re-ranking recruiting classes: Who are the 25 best players from the Class of 2005? 1
- Bill Self impresses South Korean students with jumper (VIDEO) (3)
- Senior mixtape of 7-foot-6 UCF incoming freshman Tacko Fall (VIDEO) (2)
- Rick Barnes finally addresses accusations against Texas (2)
- Steph Curry misses a dunk staring at his phone, runs to camera to see it (VIDEO) (2)
- Alabama self-reported 13 minor violations last academic year, including one for men’s basketball (2)