Still gathering details, but a few notes to keep in mind based on what I know:
- Tier 3 rights are included in this deal, and are staying with ESPN. A little football, some Basketball, and Tier 3 content will all remain on ESPN+.
- Seeing reports there is a pro-rata clause for new members and expansion… I’ll need to see the language first to know if that’s right.
- The deal outlines and language are mostly done, but this hasn’t been approved by the Presidents yet. That vote, and a GOR contract for all remaining 12 members, is expected in days/weeks.
- Fox picking up a chunk of Big 12 basketball is very interesting, and underscores what I and others have said: Basketball is an often ignored area of value that the league should leverage more… I’m guessing Brett and his advisors did that here.
- I’ve seen somewhere that the league will now “only be on cable.” This isn’t true, games will be eligible for placement on the two broadcast networks (ABC and FOX) and on ESPN+ too.
And finally, based on this deal construct, Texas and OU aren’t leaving early easily. Looks like they will stay through the end, or pay out of their own pockets.