thebigabd
Well-known member
- Joined
- Oct 31, 2008
- Messages
- 13,496
- Reaction score
- 77
AUSTIN, Texas -- Texas officials says they are committed "long-term" to the Big 12.
Texas president William Powers, Jr. said Tuesday that Texas led the way in keeping the foundering league together as the Big Ten and Pac-10 courted several Big 12 schools.
Nebraska (Big Ten) and Colorado (Pac-10) both will be leaving in the next two years.
Powers says there were no new guarantees of big-money television revenue, but a key point for Texas staying put was keeping its media rights.
That keeps Texas on course for possibly launching its own network.
Also Tuesday, the head of the Big 12 said the decision by Texas and other members to stay put was solidified by the knowledge that the league is valuable for television.
Commissioner Dan Beebe says no future TV deals have been reached, and he wouldn't get into specific numbers during a 45-minute conference call Tuesday.
But he said consultants and media companies verified that the Big 12 -- even as a 10-team league -- is in a "tremendous position" to negotiate future TV deals that will be "on par with any in the country."
The league's more lucrative contract with ESPN runs through the 2015-16 academic year, while a deal with Fox is reportedly in its final two years.
The Sports Business Daily reported Tuesday that no new deal has been signed with Fox, but sources said that FSN told Big 12 officials it would increase its annual payout to as much as $130 million to $140 million per year in exchange for rights to televise games, plus add radio, local media, smaller sport TV rights, corporate sponsorships and signage in stadiums and arenas.
It currently pays $20 million, Sports Business Daily reported.
ESPN assured the Big 12 that it would not ask for a lower license fee in its next negotiations, and would not seek a rebate from its current deal.
Missouri governor Jay Nixon said Tuesday that the Big 12 will be a stronger basketball conference without Colorado and Nebraska. He called the departing universities "the two weakest basketball programs" in the Big 12.
http://sports.espn.go.com/ncaa/news/story?id=5289050
Texas president William Powers, Jr. said Tuesday that Texas led the way in keeping the foundering league together as the Big Ten and Pac-10 courted several Big 12 schools.
Nebraska (Big Ten) and Colorado (Pac-10) both will be leaving in the next two years.
Powers says there were no new guarantees of big-money television revenue, but a key point for Texas staying put was keeping its media rights.
That keeps Texas on course for possibly launching its own network.
Also Tuesday, the head of the Big 12 said the decision by Texas and other members to stay put was solidified by the knowledge that the league is valuable for television.
Commissioner Dan Beebe says no future TV deals have been reached, and he wouldn't get into specific numbers during a 45-minute conference call Tuesday.
But he said consultants and media companies verified that the Big 12 -- even as a 10-team league -- is in a "tremendous position" to negotiate future TV deals that will be "on par with any in the country."
The league's more lucrative contract with ESPN runs through the 2015-16 academic year, while a deal with Fox is reportedly in its final two years.
The Sports Business Daily reported Tuesday that no new deal has been signed with Fox, but sources said that FSN told Big 12 officials it would increase its annual payout to as much as $130 million to $140 million per year in exchange for rights to televise games, plus add radio, local media, smaller sport TV rights, corporate sponsorships and signage in stadiums and arenas.
It currently pays $20 million, Sports Business Daily reported.
ESPN assured the Big 12 that it would not ask for a lower license fee in its next negotiations, and would not seek a rebate from its current deal.
Missouri governor Jay Nixon said Tuesday that the Big 12 will be a stronger basketball conference without Colorado and Nebraska. He called the departing universities "the two weakest basketball programs" in the Big 12.
http://sports.espn.go.com/ncaa/news/story?id=5289050