The Big 12 agreed to a $2.5 billion college football rights deal with ESPN and FOX that runs through 2025.
The deal is worth approximately $20 million per school per year and was initially reported by CBS Sports nearly six months ago.
ESPN announced the deal which is similar to network broadcast partnerships with the Pac-12 -- a joint deal with ESPN and Fox -- that brings stability to a conference that experienced great upheaval in recent years.
The now 10-team league subtracted Nebraska (Big Ten), Colorado (Pac-12), Missouri (SEC) and Texas A&M (SEC) since 2011. The exodus helped contribute to a change in conference leadership and brought in two new schools -- TCU and
The broadcast contract will include at least six primetime games on FOX and shared "TV everywhere" rights with ESPN covering tablets, smart phones and unique applications.
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