BREAKING: The @Big12Conference has reached a new six-year media rights agreement with ESPN and Fox worth a total of $2.28B, an average of $380M per year.

Read more from @SmittySBJ & @Ourand_SBJ: https://t.co/jTAKDFdZWf pic.twitter.com/S38HIPYvuY

— Sports Business Journal (@SBJ) October 30, 2022

The Big 12 just agreed to a six-year, $2.28B media rights agreement with ESPN and Fox Sports, per @Ourand_SBJ

The extension will bring in an annual average of $380M pic.twitter.com/r6T4ZLT5Nz

— Sports Illustrated (@SInow) October 30, 2022

Previous value: $22M per team

New value: $31.6_M per team

Based on reports the current revenue for each team is $43M, which means $21M a year of that revenue was from other sources -- bowl revenue, NCAAT, etc.

So the actual new revenue figure is right about at $50M per team. https://t.co/k5SDpiQRKx

— ʝօռ ʍօʀֆɛ (@jonfmorse) October 30, 2022

My sources were correct. Hmmm

I just saw this and was about to post it.

This has to sit well with PAC 12 lol

Big 12 agrees to new 6-year media rights deal w/ESPN & Fox thru 2031 worth about $2.3 billion ($380 million/year), sources told @ActionNetworkHQ. 1st report @SBJ. Add in @CFBPlayoff & NCAA revenue, Big 12 revenue will be $50M/school despite losing OU/UT (currently $42M/school)

— Brett McMurphy (@Brett_McMurphy) October 30, 2022

And then there is this lol

This logic is why the Pac 12 press brigade like @wilnerhotline and @johncanzanobft don’t believe you, @AndrewMarchand, @dennisdoddcbs, @jasonscheer, etc.
It’s beyond bizarre that working reporters have supported George Kliavkoff’s lies because they don’t want to be cut off.

— Marc Londo 🇺🇦 (@mlondo856) October 27, 2022

Does the contract allow for expansion or is anyone who should have applied locked out for 6 years?

Important note to add, per sources: The Big 12's new deal will have a pro rata clause in the event of future expansion. https://t.co/oghW1USaHR

— Max Olson (@max_olson) October 30, 2022

New deal also has pro rata clause, get ready for conference expansion

This doesn’t include MBB tournament money and with how deep the @Big12Conference is in MBB that could be a nice chunk for each of the twelve schools.

— David Smoak (@DavidSmoak) October 30, 2022

Where is Abercrombie82 who was saying as recently as a week or two ago the XII would not get a deal any better than the PAC remnant.

BTW I suspect Fox and ESPN cut this deal 2 years early with the XII so they can consolidate some PAC inventory they want on network into the XII and just pay everyone through the XII.

CTbruin said:

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My sources were correct. Hmmm

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as always

PartyBear said:

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Where is Abercrombie82 who was saying as recently as a week or two ago the XII would not get a deal any better than the PAC remnant.

BTW I suspect Fox and ESPN cut this deal 2 years early with the XII so they can consolidate some PAC inventory they want on network into the XII and just pay everyone through the XII.

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Is the PAC deal done? If so, I missed the update. Regardless and as I mentioned elsewhere, it's unlikely that the this deal will be so much more than what the PAC gets to the point where PAC teams will bail for the Big 12.

Nevertheless, $31.6M per team is great news all around.

No the PAC doesnt have a deal which is really the point. They have been negotiating for months and are under the gun for a deal. I suspect they aren't going to get a deal or not a deal they can realistically accept. It was the networks who reached out to the XII and said "hey do y'all want to go ahead and start talking about a new deal early?"

I have been so into the pac 12 but man how does the ACC feel about this?

Numbers:
- #Pac12 deal with Fox & ESPN pays avg of 20.8m/school over the 12 years.
- #Big12 now at 31.6/school
- Difference is 10.8m
- To equal B12, P12 needs 51.9% increase
- Big 12 got 43.6% uptick (22m to 31.6m)

— Jon Wilner (@wilnerhotline) October 30, 2022

That's an average of $31M for each of the 12 teams in the Big 12 starting in 2025.

That does *not* include other distribution such as the NCAA tournament and CFP money. All together, the distribution number should surpass the Big 12's previous average ($40ish million).

— Ross Dellenger (@RossDellenger) October 30, 2022

PAC 12 deal is no where close to being done and from what I've heard the highest bid they have gotten so far is 16 Million per School so they not touching BIG 12 deal

PartyBear said:

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No the PAC doesnt have a deal which is really the point. They have been negotiating for months and are under the gun for a deal. I suspect they aren't going to get a deal or not a deal they can realistically accept. It was the networks who reached out to the XII and said "hey do y'all want to go ahead and start talking about a new deal early?"

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I just don't understand why the guy is such a PAC cheerleader?????? I would say he is a UT troll rooting for the XII to die, but he has been around for over 5 years. I guess another one who didn't like Rhoades getting hired or is another of the ones who believes the BOR got it right in 2015?????

As a KU fan here with my friends I think this really is about as good as it gets . It establishes stability for the Conference , don't have to worry about imploding , I think it pretty well puts to bed this clown of a Commish from the PAC 1's talk about what THEY THE PAC 12 was going to do about possibly members from the BIG 12 joining the PAC 12.. Their Conference is in serious trouble, as I fully believe with this your going to see PAC 12 Schools bailing.



If the BIG when it's all said and done DOES take Oregon & Washington then you for sure I believe will see Arizona & Arizona State for sure jump ship and try to be added to the Big 12. - -You may see them Bail makes us the 3rd mega conference with 16 teams if in the end Utah and Colorado also come aboard.

Good that it has a clause were if expansion happens the pay out per schools increases. Guys I think we are going to see expansion. I've been telling my KU friends that KU isn't going anywhere They seem to think we are going to be ask to joining the BIG - -I have told them KU IS NOT GOING TO THE BIG. -- we just don't bring enough to the table.

I for one think this is a good thing for the Conference - -AND for KU - -Let's do this - - -Get-Er-Done lol

PartyBear said:

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No the PAC doesnt have a deal which is really the point. They have been negotiating for months and are under the gun for a deal. I suspect they aren't going to get a deal or not a deal they can realistically accept. It was the networks who reached out to the XII and said "hey do y'all want to go ahead and start talking about a new deal early?"

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My point is that there is no reason to troll the PAC until their deal is done because we don't know what it will look like, as there could be surprises in the same way that the Big 12 deal was a surprise.

As I mentioned forever ago, the B1G leaving Oregon and Washington in the PAC was the worst case scenario for the Big 12 as doing so would leave the PAC as a viable conference (even if Stanford or CAL is more valuable to media partners) and thus impede the Big 12's efforts to raid teams from that league in order to form a league with a wider footprint.

gobears20 said:

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Numbers:
- #Pac12 deal with Fox & ESPN pays avg of 20.8m/school over the 12 years.
- #Big12 now at 31.6/school
- Difference is 10.8m
- To equal B12, P12 needs 51.9% increase
- Big 12 got 43.6% uptick (22m to 31.6m)

— Jon Wilner (@wilnerhotline) October 30, 2022

That's an average of $31M for each of the 12 teams in the Big 12 starting in 2025.

That does *not* include other distribution such as the NCAA tournament and CFP money. All together, the distribution number should surpass the Big 12's previous average ($40ish million).

— Ross Dellenger (@RossDellenger) October 30, 2022

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"Should surpass the previous $40m"

What is this guy, a PAC apologist with news like that? Like baylor hasn't won in Lubbock since 1990 type reporting there. Baylor's also never won in Tuscaloosa and hasn't beaten iowa state in baseball since 1998 or some such

Geez....Brett has done more in less than a year that dumbbutt did his entire time leading the B12.... I can't see how the Pac 12 survives.....

Is there even a downside to this all???

Man…..what a great weekend. Huge road win last night and now this great news about some financial stability for our new conference going forward.

Let Aggy and the Horns keep all the 5* prima donnas and all their future Ls in the SEC. So happy how all of this has played out for us.

BluesBear said:

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Geez....Brett has done more in less than a year that dumbbutt did his entire time leading the B12.... I can't see how the Pac 12 survives.....

Is there even a downside to this all???

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I'm sure it helped finally having a Commish that wasn't beholden to only 2 of the 8 teams.

Aberzombie1892 said:

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PartyBear said:

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No the PAC doesnt have a deal which is really the point. They have been negotiating for months and are under the gun for a deal. I suspect they aren't going to get a deal or not a deal they can realistically accept. It was the networks who reached out to the XII and said "hey do y'all want to go ahead and start talking about a new deal early?"

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My point is that there is no reason to troll the PAC until their deal is done because we don't know what it will look like, as there could be surprises in the same way that the Big 12 deal was a surprise.

As I mentioned forever ago, the B1G leaving Oregon and Washington in the PAC was the worst case scenario for the Big 12 as doing so would leave the PAC as a viable conference (even if Stanford or CAL is more valuable to media partners) and thus impede the Big 12's efforts to raid teams from that league in order to form a league with a wider footprint.

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Trolling the PAC? I'm on a Baylor board to my knowledge there aren't pro PAC folks here unless that was an admission. Look if the PAC isn't given any viable offers which to date has not occurred, I suspect applications for XII membership will be arriving in Yourmark's email.

Aberzombie1892 said:

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PartyBear said:

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No the PAC doesnt have a deal which is really the point. They have been negotiating for months and are under the gun for a deal. I suspect they aren't going to get a deal or not a deal they can realistically accept. It was the networks who reached out to the XII and said "hey do y'all want to go ahead and start talking about a new deal early?"

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My point is that there is no reason to troll the PAC until their deal is done because we don't know what it will look like, as there could be surprises in the same way that the Big 12 deal was a surprise.

As I mentioned forever ago, the B1G leaving Oregon and Washington in the PAC was the worst case scenario for the Big 12 as doing so would leave the PAC as a viable conference (even if Stanford or CAL is more valuable to media partners) and thus impede the Big 12's efforts to raid teams from that league in order to form a league with a wider footprint.

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If they sign their Tier 1 & Tier 2 rights away to streaming platforms (amazon and/or apple), it's Dead in the water.

And this is coming from someone who prefers streaming. Goodluck getting any market/coverage that still watches from TV or at sports bars/restaurants.

Don't sleep on Oregon and Washington.

Breaking: @CBSSports confirms @Big12Conference signs new 6 year media-rights deal with ESPN/Fox. Not only did commish Brett Yormark deliver but B12 jumps ahead of @pac12, with CFP expansion the annual total could surpass $50 million annually per school.

— Dennis Dodd (@dennisdoddcbs) October 30, 2022

Aberzombie1892 said:

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PartyBear said:

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Where is Abercrombie82 who was saying as recently as a week or two ago the XII would not get a deal any better than the PAC remnant.

BTW I suspect Fox and ESPN cut this deal 2 years early with the XII so they can consolidate some PAC inventory they want on network into the XII and just pay everyone through the XII.

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Is the PAC deal done? If so, I missed the update. Regardless and as I mentioned elsewhere, it's unlikely that the this deal will be so much more than what the PAC gets to the point where PAC teams will bail for the Big 12.

Nevertheless, $31.6M per team is great news all around.

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51% pay increase would sound good to me!

BluesBear said:

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Geez....Brett has done more in less than a year that dumbbutt did his entire time leading the B12.... I can't see how the Pac 12 survives.....

Is there even a downside to this all???

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That's what happens when you dont have your head up ut's butt!

Pending what the @pac12 does, @Big12Conference becomes the only P5 conference with ESPN/Fox as partners. The two sports linear cable giants.

— Dennis Dodd (@dennisdoddcbs) October 30, 2022

Geez....Brett has done more in less than a year that dumbbutt did his entire time leading the B12....

But . . . But . . . But he brought us ONE TRUE CHAMPION!

BearlyBeloved said:

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Geez....Brett has done more in less than a year that dumbbutt did his entire time leading the B12....

But . . . But . . . But he brought us ONE TRUE CHAMPION!

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In fairness to Bowlsby, he likely kept the league intact when ESPN was actively trying to kill it and fold it into its other properties.

He had his flaws, certainly, but his actions after the OUT fiasco likely saved the remaining members' place in major college football.

Pac-12 Athletic Directors are being told that Big-12 schools will reach $55 million annually. That's the Big-12 pitch and the Pac-12 won't reach that.

— Jason Scheer (@jasonscheer) October 30, 2022