BREAKING: The @Big12Conference has reached a new six-year media rights agreement with ESPN and Fox worth a total of $2.28B, an average of $380M per year.
Read more from @SmittySBJ & @Ourand_SBJ: https://t.co/jTAKDFdZWf pic.twitter.com/S38HIPYvuY— Sports Business Journal (@SBJ) October 30, 2022
The once-beleaguered Big 12 has stabilized its future by coming to terms with ESPN and Fox Sports on a six-year media rights agreement worth a total of $2.28B, an annual average of $380M, according to sources. The Big 12 has two years remaining on its current deal, which runs through the 2024-25 season at an annual average of $220M in its final years.