7 Year – $1.2 Billion deal…
Deal’s Done: New Fox/B1G College Football-Sports Contract. College football – football news – sports news.
The Big Ten announced this morning, a new seven-year media rights deal with CBS, Fox and NBC that begins July 1, 2023, and runs through the 2029-30 season.
The agreement is believed to be the largest in the history of college athletics. Industry sources estimating the value of the deal at a record $1.2 billion annually. ($75 Million/Year per school)
Covering five networks, including the Big Ten Network and FS1, the deal positions the Big Ten with three prime windows to show college football games on broadcast television. Fox will air a featured “Big Noon” game on Saturdays at noon ET with CBS following at 3:30 p.m. and NBC wrapping up each week with “Big Ten Saturday Night” in primetime.
“The Big Ten will be a dominant force from a media standpoint on Saturday,” said Big Ten commissioner Kevin Warren, who oversaw the deal.
This will create an “unprecedented opportunity for Big Ten football,” according to CBS Sports chairman Sean McManus, who cited the league’s ability to have games in each of the three traditional broadcast networks.
See more in the vid below.