ESPN announced Wednesday that it had come to a deal with the American Athletic Conference to extend and improve its partnership through 2031-32.
While the financial details of the partnership were not officially released, Sports Business Journal reported that the deal will be worth $1 billion over the time period, which amounts to about $7 million per school per year.
That figure is up about $5 million from the current figure of about $2 million that the University of Houston receives annually from the partnership.
“Our schools are committed to our Power 6 campaign and to providing our student-athletes with the highest level of competition.