Under this deal, Fox and ESPN will split the rights to college football games. The Pac-10, which will be renamed the Pac-12 in July with the additions of Utah and Colorado, topped those deals, as well as the $205 million the SEC gets and the $220 million paid to the Big Ten.
The ACC recently signed a deal for $155 million a year, and the Big 12 reached a deal with Fox that made its total annual package worth about $130 million. "It's a good day for the conference and the great universities that comprise it." "Commissioner Scott has done an exceptional job in seeing the negotiations through and providing significantly greater exposure for the athletic teams at all of our Pac-12 universities, as well as greatly enhancing the revenue from the media to support those programs," Washington interim president Phyllis Wise said in a statement. The Pac-10 made less than $60 million in media rights this past season but became the latest conference to take advantage of the escalating market for college sports on television. We look forward to adding to that legacy for the benefit of Pac-12 fans everywhere, and in providing dramatically enhanced national exposure for our institutions and their outstanding programs." Long an innovator in sports programming, ESPN has truly earned a reputation as a leader in college sports. "As we grow our longstanding relationship with the conference, fans will be able to watch ESPN's Pac-12 coverage on any screen they choose."Ĭonference commissioner Larry Scott added, "We are excited to become a more integral part of the ESPN family. "Significantly enhancing premier content from a conference with the tradition, passion and excellence of the Pac-12 strengthens our networks' position as the home for college sports," ESPN executive vice president John Skipper said.
The contract was formally announced at a news conference Wednesday in Phoenix. The contract, which will begin with the 2012-13 season, will be worth more than $225 million per year - or $2.7 billion over the life of the deal, Sports Business Daily and The Associated Press reported on Tuesday.
The Pac-10 - soon to officially become the Pac-12 - has agreed to a 12-year television contract with ESPN and Fox that will more than triple its media rights fees and be the most valuable for any conference in college sports.
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