REPORT: BIG TEN 'CLOSING IN' ON MEDIA RIGHTS DEAL WITH FOX WORTH AS MUCH AS $250 MILLION PER YEAR
According to a report from
Sports Business Daily, the price on the Big Ten brick is about to go up.
ABC and ESPN currently pay $100,000,000 a year to the Big Ten for primary rights to its football games. CBS pays $12,000,000 a year for basketball rights. Those contracts expire at the end of the 2016-17 season, however.
Fox and the Big Ten are reportedly hammering out the fine print on a six-year deal that could pay the conference as much as $250,000,000 annually for
half its media rights, which means is 25 football games and 50 basketball games to be broadcast on its network and FS1.
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And yes, if you listen closely enough you will hear Jim Delany softly chuckling as he sips a glass of sparkling cider somewhere in the distance.
Entire article:
http://www.elevenwarriors.com/ohio-...-ten-closing-in-on-media-rights-deal-with-fox