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Big Ten big money: League wins $7 billion in media rights deal

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Reuters

Reuters

Fox, NBC and CBS collectively fork over $7 billion over seven years to the Big Ten, signing the conference's highest annual media rights deal.

The new deal, which eliminates the partial agreement with ESPN, will start in July 2023 and, over six years, will replace expiring rights contracts worth $2.6 billion.

Amazon, Apple and WarnerMedia participated in the bid for the massive rights deal, Commissioner Kevin Warren said last month. It covers most sports that the conference offers such as volleyball, wrestling.

The deal grants Fox Sports, including Big Ten Network, FS1 and FS2, the rights to his match-up marquee in football. This includes the right of UCLA and USC to attend the conference in 2024.

NBC will primarily televise primetime games, enhancing the network's Peacock streaming service and college football offerings outside of Notre Dame.

CBS, which has historically aired Southeastern Conference games, is now showing more mid-afternoon Big Ten games. The SEC has reached an agreement with Disney to air the game on ABC and multiple ESPN networks.

– Field Level Media