Big 12 Finalizes New Media Rights Agreement - WVU Football, WVU Basketball, News - Mountaineer Sports

Big 12 Finalizes New Media Rights Agreement

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MORGANTOWN -

The Big 12 took another step forward towards locking up its spot among the top conferences in college football on Friday. The Big 12 announced it has finalized its new media rights agreement with ESPN and FOX.

The 13-year agreement began this season and will run through 2025. It will help put the Big 12 on a more national scale through a guarantee of a minimum of 25 nationally televised football games per season.

"The stability of the Big 12 Conference is cemented," said commissioner Bob Bowlsby. "We are positioned with one of the best media rights arrangements in collegiate sports, providing the Conference and its members unprecedented revenue growth, and sports programming over two networks."

"I want to thank Chuck Neinas and current commissioner Bob Bowlsby for their work and effort in getting the Big 12 television agreement done," West Virginia Athletic Director Oliver Luck said. "This is a strong television package and brings great exposure and financial rewards to the Big 12 and its members. The joint television agreement with two highly acclaimed national media partners speaks to the strength, success and stability of the Big 12 Conference. This TV package places the Big 12 among the highest, in per member revenue, and West Virginia looks forward to being a proud member of the league, not only in our inaugural season but for years to come."

"Today's announcement, coupled with the hiring of Bob Bowlsby as our league's new commissioner, is a great example of how well the Big 12 is positioned for the future," added University of Texas athletics director and chairman of the Big 12 Athletics Directors, DeLoss Dodds. "This contract ensures the Big 12 Conference will continue to be one of the premier conferences in the country."

The deal is reportedly worth $2.6 billion, which breaks down to $20 million per member per year. That does not include any revenue generated by the new Champions Bowl featuring the Big 12 Champion and the SEC Champion, which is set to be played beginning in 2014.

AGREEMENT FACTS

Terms
Ø 13-year agreement.
Ø 2012-13 athletic season through 2024-25.

Finances
Ø Combined with current revenue streams the Conference will provide annual average per institution television revenue at the highest level of college athletics.
Ø Coupled with FOX agreement signed in April 2011, provides a significant increase in the Conference's television rights.

Platforms
Ø Big 12 events to be carried on various ESPN and FOX platforms including ABC, ESPN, ESPN2, ESPNU, ESPN3, FOX, FX, FSN, Fox College Sports (FCS), and FOX Sports Digital Platforms.

Programming
Ø No warehousing of rights.
Ø Institutions have option to retain rights to one home football game and a minimum of four men's basketball games per season for distribution via permitted member institution outlets and third-party licenses including the FSN Regional Networks and FOX College Sports.
Ø No exclusive telecast windows, except for ESPN men's basketball "Big Monday" and "Saturday College GameDay" telecasts featuring Big 12 teams.

Annual Football Coverage
Ø Every Big 12 controlled football game.
Ø ABC/ESPN: 19 games per year thru 2015, increasing to 23 games annually in 2016 (minimum 13-15 full national exposures via ABC, ESPN, ESPN2, ESPNU or in combination with reverse mirror); maximum four-five games on ESPNU.
Ø FOX: Approximately 38 games with minimum of six contests annually on FOX broadcast and six games on a national cable outlet.
Ø Member Retained Game: One member-retained game, which must be carried on a FOX platform if returned.
Ø Television partners have a maximum four six-day picks between them per season.
Ø Minimum four Thursday games each season (including Labor Day weekend and Thanksgiving Day); and one Labor Day Sunday appearance.
Ø Maximum of four games scheduled for 8:15 p.m. local time starts per season with the following restrictions: no program required to play more than twice; host more than once; play consecutive weekends; and six-day pick only with Conference consent.

Annual Men's Basketball Coverage
Ø ESPN to televise 100-105 games per season, with 43 games on ESPN or ESPN2 (or sublicense to ABC, CBS, FOX) including a minimum of 30 intra-conference games.
Ø Up to 40 games on ESPNU.
Ø Option to sublicense up to 20 games to another national cable outlet.
Ø Up to six games per season for live origination on ESPN3.
Ø Remaining games on broadcast syndication with Big 12 Network branding.
Ø Minimum four games each season retained for individual permitted member institution outlets.
Ø A collective minimum of 50 games per season designated for permitted member institution outlets and third-party licensees (any games returned to ESPN are subtracted from the 50-game threshold).

Exposure
Ø FOX Sports Media Group platforms to carry a minimum of 40 non-football events annually
Ø Minimum of 31 women's basketball games per season on ESPN, ESPN2, ESPNU or FSMG platforms.
Ø ESPN networks retain option for up to 25 additional women's basketball and/or other sports contests per season.
Ø Championship events, except men's basketball, on FSMG platforms.

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