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Pac-10 Set To Announce Whopping Media Deal Valued At $2.7B

Discussion in 'CU Buffs Newsroom' started by allbuffs, May 3, 2011.

  1. allbuffs

    allbuffs Administrator

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    By John Ourand & Michael Smith


    Published May 3, 2011



    The Pac-10 Conference has agreed to a media rights deal with ESPN and Fox that is worth more than $2.7B over 12 years, according to multiple sources. A formal announcement could come as soon as tomorrow. The deal, which averages out to more than $225M per year, includes football, basketball and Olympic sports rights. It is more than triple the conference's current deals with ESPN and Fox. The conference is holding some rights back that it still hopes to use for a dedicated channel.

    More:
    http://www.sportsbusinessdaily.com/Daily/Morning-Buzz/2011/05/03/Pac-12.aspx
     
  2. Lt.Col.FrankSlade

    Lt.Col.FrankSlade Well-Known Member

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    I'm not great with the new math, but $225 per year divided by 12 teams = $18.75 per team?

    (or $17.3 million if they give 1 share of the revenue to the conference, itself)
     
  3. absinthe

    absinthe Ambitious but rubbish. Club Member Junta Member

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    no use in worrying about the numbers at the moment the situation seems too fluid.
     

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