Big East begins TV deal negotiations

This is very, very important for the future of the conference.

The current deal expires after the 2013 season… and right now, the 8-team football and 16-team basketball conference are raking in a WHOPPING $36 million per year for all sports. Compare that to the the ACC when they signed a deal last year with ESPN for about $155 million per year. Fox Sports recently agreed to televise Big 12 (minus 2) football games for $90 million per season for football only.

After the jump, I’ll talk about what the Big East wants, and how not everyone in the conference is pleased with what’s going on…

Image: VUHoops.com

Now, the Big East is wanting (with TCU coming in, possibly Villanova, UCF, Houston, etc) somewhere between $110 and $130 million annually for all sports.

That’s a great number on the surface, but it still doesn’t compare to the rest of their BCS counterparts.

See, TV (along with money) is what’s makes the College Football conferences pillage each other, as well as the mid-majors. Personally, I think Texas will single-handedly destroy the Big 12(-2) with them forming their own network… the Big 10 (with Nebraskey) coming in will finally have their Conference Championship Game. The SEC, well… they’re in a league all by themselves with their TV deals with CBS and ESPN.

Now, some people think the conference ought to look elsewhere for TV, despite ESPN and The Big East being partners for 36 years.

ESPN’s offer has created a division among the conference’s schools. Some want to rebuff ESPN’s offer and take the conference’s media rights to the open market. The reason: The amount of potential bidders in the market has helped other leagues increase their media rights more than they initially expected.

So, should The Big East look elsewhere for a new TV deal, or stay with ESPN?

Topics: ACC, Big 10, Big 12, Big East, Big East Basketball, Big East Conference, Big East Football, ESPN, SEC, Texas, TV Money

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