Television Contract Breakdown – 2012

With all of the shuffling and extensions, it can be hard to keep up with each conference’s television contract right now. Here’s a listing, according to information from The Associated Press, SportsBusiness Daily, SportsBusiness Journal and Adweek, of where things stand now. The Big 12 extension is not included because it has not been finalized. Also, per-year averages and per-school, per-year averages are straight averages and do not take into account actual variances by year as stipulated in individual contracts.

BIG12

First-tier rights: $480 million, ESPN, eight years through 2015-16

Second-tier rights: $1.17 billion, FOX, 13 years through 2024-25

Per-year average: $150 million

Per-school, per-year average: $15 million

PAC-12

First- and second-tier rights: $3 billion, ESPN/FOX, 12 years through 2023-24

Per-year average: $250 million

Per-school, per-year average: $20.8 million

SEC

First-tier rights: $825 million, CBS, 15 years through 2023-24

Second-tier rights: $2.25 billion, ESPN, 15 years through 2023-24

Per-year average: $205 million

Per-school, per-year average: $14.6 million

BIG TEN

First-tier rights: $1 billion, ESPN, 10 years through 2016-17

Second-tier rights: $2.8 billion, Big Ten Network, 25 years through 2031-32

Select basketball rights (minimum of 24 games, men’s tournament semifinal and championship games): $72 million, CBS, six years through 2016-17

Football championship game: $145 million, FOX, six years through 2016

Per-year average: $248.2 million

Per-school, per-year average: $20.7 million

ACC

First-, second- and third-tier rights: $3.6 billion, ESPN, 15 years through 2026-27

Per-year average: $240 million

Per-school, per-year average: $17.1 million

BIG EAST

First-tier rights: $200 million, ESPN , six years for basketball through 2012-13; seven years for football through 2013-14

Second-tier rights: Basketball, $54 million, CBS, six years through 2012-13

Some important notes:

• No per-year average or per-school, per-year average has been calculated for the Big East, because it does not make public its revenue-sharing method between basketball-only members, football-only members and full members.

• A number of these contracts have escalator clauses, including the Pac-12 contract. In the early years of that contract, it will be $180 million per year (or $15 million per school) and in the later years it escalates, according to statements made by Pac-12 commissioner Larry Scott via conference call following the contract’s announcement.

• Deals for third-tier rights vary by conference. Some third-tier rights are bundled by conferences and sold to regional networks while others are retained by schools and sold individually to local or regional networks. For example, Pac-12 schools have pledged their third-tier rights to the upcoming Pac-12 Network, while the University of Texas has granted third-tier rights to The Longhorn Network, a partnership between ESPN, IMG and the university.

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