B1G Finalizing Gigantic Media Rights Deal

B1G Finalizing Gigantic Media Rights Deal

After months of questioning, speculating and hand-wringing, the B1G will remain on ESPN as the Worldwide Leader came to an agreement with the B1G to buy the second half of the league's media rights package. According to John Ourand of the Sports Business Journal, ESPN has agreed to pay an average $190 million per year over six years for nearly half of the B1G's media rights package. In April, Fox Sports surprised nearly everyone by paying an average of $240 million per year. In addition, to the deal made with Fox Sports and ESPN, CBS Sports has choses to renew its basketball-only package for $10 million per year. 

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