Report: Big East / NBC sports TV deal imminent
Posted: Sat Feb 09, 2013 9:22 pm
$20-23 million per year. Six year deal.
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The Catholic 7 schools -- DePaul, Georgetown, Marquette, Providence, St. John's, Seton Hall and Villanova -- haven't formed a new league yet, but Fox Sports has been the leader for their media rights, sources said. Fox Sports' offer would be worth between $30 million and $40 million per year depending on how many teams are in the league, sources said.
"Barring a hiccup," Fox Sports will land the media rights deal for the Catholic 7's new league, a source said.
The Catholic 7 schools and the Big East are negotiating so that the seven schools can leave a year early in 2014, a source said Friday.
"That's where both parties' mindset is at," a source said Saturday.
QueRico wrote:I'd like to see the language of that offer.
The product will change so much between Year 1 & Year 2 of the contract that there has to be some sort of wiggle room for NBC if things go a little kablooey.
After working on a multi-year package with NBC Sports Network for football and basketball which will pay between $20 and 25 million per year, the Big East on Thursday also had to ponder a matching offer from ESPN, which is the current primary broadcaster holder for football and basketball for the conference.
After taking a week to finalize its strategy, ESPN on Thursday . ESPN ”matched’ the offer, but whether the criteria of matching includes promotion and programming slots equal to what NBC is offering remains unsettled.
Moliva wrote:$10M is peanuts for 2013-14, and at this point the Big East for 2013-14 includes the C7.
Is it worth speculating that the C7 may try to accelerate departure in light of these numbers?