CU headed to the BIG 12

[Itsux2beaewe]

I saw the below on social media.

Let's not forget what ESPN tried to offer the PAC12 14 months ago before Colorado left:
"The ESPN network offered the PAC-12 $800 million over five years, That number breaks down to just $16 million annually per school."
There is no way any media source is increasing this number now.

 

[Itsux2beaewe]

Here’s a bit from an article in Front Office sports.

ESPN and the Pac-12 are having “no substantive talks” at this time, and the network seems “very unlikely” to strike a new media rights deal with the conference, reports Andrew Marchand of The New York Post.

The Pac-12’s current 12-year deals with Fox and ESPN expire July 1, 2024, and carry an average combined annual value of $250 million. Fellow Power 5 conferences, the Big 12, SEC, and ACC, have long-term broadcast deals with ESPN, leaving the Pac-12 on the back-burner for the World Wide Leader.