• Loading stock data...
Monday, July 15, 2024

Big East Signs Six-Year Media Deal With Fox, NBC, and TNT

  • The package welcomes two new networks, though Fox will remain the primary rights-holder.
  • The deal is a culmination of the Big East’s decade-long rebuild.
Patrick Breen/The Republic / USA TODAY NETWORK

On Thursday, the Big East announced it has signed a new six-year media-rights package with Fox Sports, TNT Sports, and NBC beginning in 2025–26. Financial terms were not disclosed, but the deal is crucial to the long-term health of the league, which is winning championships without any football money.

The current deal, a 12-year package with Fox Sports and CBS for about $500 million, expires at the end of 2024–25. Starting in ’25–26, CBS Sports will no longer have a relationship with the conference.

One source suggests to Front Office Sports that the league will see an increase of around 30% to 40% on the average annual value of the current deal. The existing package averages about $41.7 million per year, so the future deal could be worth in the $55 million range annually, divided among the league’s 11 schools.

The deal promises to provide increased visibility for the entire Big East. Women’s basketball will specifically receive elevated treatment in the new deal, which guarantees threetimes the current amount of airtime for women’s games across all networks.

Fox Sports will remain the primary rights-holder for the conference, owning at least 80 men’s and women’s college basketball games during the regular season and postseason. The network will also retain the rights to the Big East men’s tournament final. 

NBC will have the rights to more than 60 men’s and women’s regular-season and postseason games, including some of the early rounds of the conference basketball tournaments. Most of these games will air on Peacock. This season, the streamer will also air 30 men’s games.

TNT Sports will broadcast more than 50 men’s regular-season basketball games and at least 15 women’s regular-season games. The games will all appear on Max, and several will also be broadcast on affiliates truTV and TBS. This part of the deal guarantees that the Big East will have a regular-season relationship with one of the networks that broadcasts men’s March Madness. The deal beefs up TNT’s college slate, as it recently secured rights to some of the 12-team College Football Playoff.

“Big East basketball has historically delivered some of the most thrilling teams and moments in college sports, including its most recent accomplishments, and we are excited to showcase the conference and its fantastic men’s and women’s college basketball programs,” TNT Sports chairman and CEO Luis Silberwasser said in a statement.

The new media package is a culmination of the Big East’s decade-long rebuild after it was picked apart by a round of football-driven conference realignment in 2013. At the time, the conference reformed as a basketball-centric league, completely eschewing FBS football. Fox launched its FS1 channel in conjunction with the Big East, and the two have had a mutually beneficial relationship ever since then. Eric Shanks, CEO and executive producer of Fox Sports, called the Big East “a pillar of our college hoops lineup” in a statement.

Throughout the past 10 years, the conference has retaken its place at the top of college basketball in both the men’s and women’s game. In 2020, the conference welcomed back UConn, which provides a perennial championship contender in its women’s team as well as a men’s team that is searching for a three-peat championship this upcoming year. The Huskies programs undoubtedly contributed to their media value and overall appeal, sources previously told FOS. 

This is a developing news story and will be updated.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

‘Where’s truTV?’ March Madness Channel Is Now TNT Sports’ New Star

Warner Bros. Discovery will make its sports emphasis on truTV ‘even more pronounced and consistent.’

Fox Sports Is Winning Its Bet on Soccer Media-Rights Deals

The network has media rights to Copa América and Euro 2024.

Paramount and Skydance Unite: Major Shifts Loom for CBS Sports

The deal worth more than $8 billion will bring significant shifts to the parent of CBS Sports.

Dan Hurley Finally Has New UConn Deal After Dramatic Offseason

Hurley is now the second-highest-paid coach in college basketball. 
podcast thumbnail mobile
Front Office Sports Today

Formula E is Powering Its Own Future

0:00

Featured Today

Jan 7, 2024; Nashville, Tennessee, USA; Jacksonville Jaguars wide receiver Calvin Ridley (0) reacts after scoring a touchdown against the Tennessee Titans during the first half at Nissan Stadium.

Without Hard-Line Bans, Pro Athletes and Personnel Will Keep Betting on Sports

Penalties often aren’t stringent or consistent enough to deter banned behavior.
Oct 2, 2021; Miami Gardens, FL, USA; NFL commissioner Roger Goddell speaks during the Don Shula Celebration of Life at Hard Rock Stadium.
July 13, 2024

The NFL Is Confident It Can Overturn the Sunday Ticket Verdict

The league may have good reason to believe it can win.
July 8, 2024

NFLPA Report Cards Have Become the ‘Talk of the Locker Room’ Across..

NFLPA report cards have become the ‘talk of the locker room.’
July 7, 2024

The New College Sports Insiders Are Graphic Designers

Joe Tipton and Hayes Fawcett have become premier news-breakers on social media.
July 11, 2024

Will They or Won’t They? TNT Must Match Bids or Say Goodbye to NBA

A spurned media partner has sued the league before.
July 12, 2024

Copa América Gets Near-Ideal Miami Final After Sometimes Rocky Tournament

Argentina and Colombia face off Sunday evening.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
July 10, 2024

NBA Agrees to $76 Billion in Media-Rights Deals, but TNT Still Looms

Welcome back, ‘Roundball Rock.’ Farewell, ‘Inside the NBA’?
Stadium with NFL logo at the mid-field line
July 10, 2024

‘Nonsensical’: NFL Blasts Massive Jury Award in Latest Sunday Ticket Case Filings

The league asked for a new trial and called the damages ‘indefensible.’
May 2, 2015; Las Vegas, NV, USA; Referee Kenny Bayless (center) separates Manny Pacquiao (left) from Floyd Mayweather during their boxing bout at the MGM Grand Garden Arena. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports
July 9, 2024

The Most Watched Boxing Matches Ever

The most-watched boxing match was the 2015 bout between Floyd Mayweather and Manny Pacquiao which drew 4.6 million PPV buys.
Feb 16, 2024; Indianapolis, IN, USA; Team Stephen A coach Stephen A. Smith looks on against Team Shannon during the All Star Celebrity Game at Lucas Oil Stadium.
July 8, 2024

Stephen A. Smith Could Get a $100 Million Payday, Thanks to Pat McAfee

Smith has looked like the ultimate team player in contrast to McAfee.