Big 12-Conference Strikes Deal

The Big-12 conference announced on Friday a new deal it made with ABC/ESPN and Fox. The deal runs for 13 years and is worth $2.6 billion dollars, around $200 million per year, and $20 million per school.

The deal runs through the 2024-25 season with ABC/ESPN, and Fox both having football rights, and ABC/ESPN as the main provider of basketball.

The per school average is right with the Big 10′s per school average, and just below the PAC-12′s $21 million per year average. The Big-12 will make a little more then ACC and SEC schools. As part of the new deal, a new grant of rights agreement is in place, meaning if a school leaves the conference its revenue stays with the Big 12, not the new conference.

This new media deal hugely helps a conference that was imploding at the seams last year as Texas and Oklahoma both nearly left for the PAC-12. These two schools hung around, though Missouri and Texas A&M left for the SEC. The Big 12 rallied and added West Virginia, and TCU, two national powerhouses on the field.

Thanks to the deal, the Big 12 joins the PAC-12 as the only conferences with agreements over two national networks in ABC and Fox.

don’t forget to like us on facebook @ throughthephog

Sept. 8th; Dallas, TX, USA; Kansas Jayhawks head coach Charlie Weis and the Big 12 conference scored big on Friday with a new media deal in place.  Mandatory Credit: Kevin Jairaj-US PRESSWIRE

 

Topics: ABC, Big 12 Conference, ESPN, Fox

Want more from Through the Phog?  
Subscribe to FanSided Daily for your morning fix. Enter your email and stay in the know.

TEAMFeed More Jayhawks news from the Fansided Network

Hot on the Web From golf.com