Feb 23, 2013, 4:11 PM EST
The Big East has accepted a matching offer sheet from ESPN, keeping the network as its primary media rights holder through the 2019-20 season, the conference confirmed Saturday.
In total, the deal is reportedly worth $130 million over seven years. That matches the deal put forth by the NBC Sports Network last week. It will be worth approximately $1.8 million annually per school, once this major round of conference realignment takes hold and the Big East has 12 members.
“ESPN has matched the third-party offer that the Big East Conference received, and, subject to Big East board approval, ESPN and the Big East will continue, for years to come, their long-term relationship, which began in 1980,” conference commissioner Mike Aresco said in a statement.
There has been a great deal of movement since the Big East was offered $1.17 billion by ESPN two years ago. In that time, 16 teams have left or intend to leave the conference. The core of Catholic schools in the Big East have broken off to form a basketball-centric league, which is likely the next to sign a major media rights deal.
To read the entire financial breakdown of the deal, click here.
- Right wrist injury to sideline Maryland senior wing four weeks 0
- Bronson Koenig, Duje Dukan step forward in No. 2 Wisconsin’s win over Georgetown 0
- St. John’s seniors say they ‘grew up’ against Minnesota, but have they? 1
- The little things made a big difference in No. 3 Arizona’s win over No. 15 San Diego State 0
- Butler upsets No. 5 North Carolina in Battle 4 Atlantis opener 2
- If No. 12 Villanova doesn’t have a star on their roster, no one told JayVaughn Pinkston 0
- JayVaughn Pinkston’s block gives No. 12 Villanova a win over No. 19 Michigan (VIDEO) 2
- Villanova’s win is evidence of why VCU may have peaked as a basketball program (14)
- Rick Pitino on blow out win: ‘We played four white guys and an Egyptian’ (14)
- Michigan’s John Beilein rips ESPN for late tip time during Tuesday’s loss (13)
- Penn State unveils new uniforms for next two games (6)
- College Basketball Talk’s latest top 25: Kentucky reigns, but how far will Kansas, Florida slide? (5)