Madsnooker
Senior Member
In It's TV deal coming up. Sources say it will ecplise 1 Billion.
that will far exceed even the secs new deal.
https://www.sportsbusinessjournal.com/en/SB-Blogs/Newsletter-Media/2022/02/14
Sources: Look for Big Ten to let ESPN’s exclusive window end without a deal
ESPN has entered an exclusive negotiating window with the Big Ten to renew its rights deal. Multiple sources expect the conference to allow ESPN’s exclusive window to end so that it can take its rights to the open market. It’s not clear exactly when the exclusive window ends, but sources expect the Big Ten to secure new TV deals before the fall semester.
The reason: several other networks have expressed their interest in taking the Big Ten’s rights from ESPN. Interest from CBS, Fox and NBC virtually ensures that the conference will see a hefty increase from the $440 million that ESPN and Fox pay each year. It’s the same premise as buying a house -- prices go up when you have multiple bidders.
Just because the Big Ten is almost certain to let its exclusive window with ESPN end without a deal doesn’t mean that the conference will leave Bristol. ESPN expects to make a big push to keep conference rights to football and men’s basketball games.
Fox, which owns about half of Big Ten Network, has made it known that it wants to wind up with a bigger deal. Thanks primarily to its Big Ten deal, Fox’s noon Saturday window was the most viewed in college football this past season.
Big payday coming for Big Ten
The Big Ten will become the first college conference to eclipse $1 billion per year when it negotiates its next media-rights deal later this year. That’s the opinion held by several well-placed sports business sources, who expect the conference to more than double the $440 million in annual rights fees that Fox and ESPN currently pay.
The Big Ten’s media contracts run through 2022-23. It has entered into an exclusive negotiating window with ESPN, but my colleague John Ourand doesn’t expect a deal to get done within this window because there is competing interest from other networks. The conference almost certainly will take its rights to the marketplace to have multiple bidders drive up the price. CBS and NBC are believed to have strong interest.
The Big Ten has a huge footprint and big TV markets. The conference delivered major TV audiences during the 2021 season.
that will far exceed even the secs new deal.https://www.sportsbusinessjournal.com/en/SB-Blogs/Newsletter-Media/2022/02/14
Sources: Look for Big Ten to let ESPN’s exclusive window end without a deal
ESPN has entered an exclusive negotiating window with the Big Ten to renew its rights deal. Multiple sources expect the conference to allow ESPN’s exclusive window to end so that it can take its rights to the open market. It’s not clear exactly when the exclusive window ends, but sources expect the Big Ten to secure new TV deals before the fall semester.
The reason: several other networks have expressed their interest in taking the Big Ten’s rights from ESPN. Interest from CBS, Fox and NBC virtually ensures that the conference will see a hefty increase from the $440 million that ESPN and Fox pay each year. It’s the same premise as buying a house -- prices go up when you have multiple bidders.
Just because the Big Ten is almost certain to let its exclusive window with ESPN end without a deal doesn’t mean that the conference will leave Bristol. ESPN expects to make a big push to keep conference rights to football and men’s basketball games.
Fox, which owns about half of Big Ten Network, has made it known that it wants to wind up with a bigger deal. Thanks primarily to its Big Ten deal, Fox’s noon Saturday window was the most viewed in college football this past season.
Big payday coming for Big Ten
The Big Ten will become the first college conference to eclipse $1 billion per year when it negotiates its next media-rights deal later this year. That’s the opinion held by several well-placed sports business sources, who expect the conference to more than double the $440 million in annual rights fees that Fox and ESPN currently pay.
The Big Ten’s media contracts run through 2022-23. It has entered into an exclusive negotiating window with ESPN, but my colleague John Ourand doesn’t expect a deal to get done within this window because there is competing interest from other networks. The conference almost certainly will take its rights to the marketplace to have multiple bidders drive up the price. CBS and NBC are believed to have strong interest.
The Big Ten has a huge footprint and big TV markets. The conference delivered major TV audiences during the 2021 season.
