Feb 23, 2013, 4:11 PM EDT
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.
- Emmanuel Mudiay to China makes him even more of a case-study 0
- Four-star Class of 2016 guard Bruce Brown gave up football to focus on basketball 0
- Seven (more) Takeaways from Nike’s Peach Jam 0
- Seven Takeaways from Nike’s Peach Jam 1
- CBT Quotables Part IV: The Lawsons, Stephen Zimmerman, Malik Monk 1
- Peach Jam Saturday Recap: Rabb, Zimmerman go big, Chris Clarke goes hard, Lawson bros advance 0
- Nike Peach Jam Saturday Recap: Jayson Tatum, DeAndre Ayton and Briscoe vs. Trier 0
- Skipping college makes Emmanuel Mudiay the most important player in 2014 class (5)
- Study says Louisville has the best fanbase for second straight season (4)
- Chris Walker looks like he’s spent some time in the gym (PHOTO) (4)
- Indiana’s summer workouts look intense (VIDEO) (4)
- Mother of elite recruit Josh Jackson: ‘Josh hasn’t been recruited by anyone’ (4)