The first big domino in the race for the Big Ten's primary TV rights appears to be close to falling.
According to John Ourand of the Sports Business Journal, Fox is "close" to securing half of the conference's media rights package, which is up at the end of the 2016-17 season. The Big Ten's current primary TV rights are with ESPN (football, $1 billion/10 years) and CBS (basketball, $72 million/six years).
This makes sense, considering Fox owns half of the Big Ten Network.
">April 19, 2016
ESPN is probably the favorite to land the other half, though NBC is probably in contention, too.
The Big Ten's new TV deal could be the biggest in college sports history.
Here are more details, from SBJ:
Deal terms still are flexible – both in terms of money and rights. However, the two sides have agreed on basic terms that will give Fox the rights to around 25 football games and 50 basketball games that it will carry on both the broadcast channel and FS1 starting in the fall of '17. The deal runs six years and could cost Fox as much as $250M per year, depending on the amount of rights the Big Ten conference puts in its second package.
The other half still up for grabs is expected to have roughly the same terms.