ESPN just dropped $1 billion for the AAC (not ACC) media rights, report says

first_imgThat’s billion with a ‘B’ and that might get the Pac-12’s attention. The American’s deal, which begins with the 2020-21 academic year and runs through 2031-32, will pay the conference an average of $83.3 million per year, more than quadruple the $20 million annually it was making in its previous rights deal with ESPN.That breaks down $6.94 million per year per AAC school, a jump of more than $5 million per year per school.By comparison, according to the San Jose Mercury News, the Pac-12 Networks, the Power 5 conference’s own media home, paid out less than $3 million to each member school in 2018.Suffice it to say now, that’s un-American.  Turns out its not just MLB players getting Monopoly money.ESPN will pay the American Athletic Conference $1 billion for its media rights over the next 12 years, SportsBusiness Journal reported, citing unidentified sources. Yes, Pac-12, your idea of competing with the Big Ten and SEC networks now has you sliding behind a Group of Six conference. The fine print, via SportsBusiness Journal:”The comprehensive deal provides ESPN with rights to all of the AAC’s live programming, except for a small package of basketball games on CBS and some Navy football games on CBS Sports Network. The new contract also calls for some Saturday football games to be broadcast on ABC. Football, along with men’s and women’s basketball, will remain on ESPN, ESPN2 and ESPNU, but the majority of basketball games and a significant number of the football games will go to ESPN+. Other live sports including baseball, softball and soccer also will air on ESPN+. Renewal talks with CBS have not begun.”last_img

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