Blog Entry

Pac-12 will announce record deal

Posted on: May 3, 2011 11:28 am
Edited on: May 4, 2011 10:09 am
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The Pac-12 will announce the largest television rights fees deal in college conference history on Wednesday CBSSports.com has learned.

 Initial reports Tuesday that the league would announce a 12-year, $2.7 billion agreement with ESPN and Fox were low, according to a person familiar with the negotiations. Instead, the new deal will make the Pac-12 No. 1 among all conferences in an age where rights fees are skyrocketing. The 12-year, $3 billion deal will be worth an average of more than $20 million per school each year over the course of the agreement. The final numbers could be staggering considering that the Pac-12 is going to announce a broadcast and cable deal only at this time. There is the digitial (phone/Internet) and network component still out there.

 In the reports that surfaced Tuesday Pac-12 teams would average $18.75 million per year per school. That figure alone would double the current take of Pac-10 schools. The New York Times also reported the deal Tuesday morning. 

 How a sleepy league that was routinely No. 4 rights fees could shoot up to to No. 1 is explained here

 The announcement should mark the ultimate payoff for commissioner Larry Scott. The former CEO of the Women's Tennis Association has been on the job less than two years. Already he has shaken up not only his league but also college sports. He nearly succeeded last year in a raid of the Big 12 in expanding the Pac-10 from 10 to 16 teams. Falling short of that, the league invited Utah and Colorado and instituted a championship game beginning this year.  

 Scott already is on record intending to market the Pac-12 in Pacific Rim countries, including China. 

 NBC-Universal dropped out of the Pac-12 idding last week according to the Sports Business Journal. The conference will be part of a Saturday night primetime package on ESPN also according to SBJ.

The league has scheduled a Wednesday morning press conference at the Arizona Biltmore Hotel in Phoenix, meaning Arizona State will be the "host" school of the largest TV deal in college history. 


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Comments

Since: Jul 8, 2008
Posted on: May 4, 2011 1:39 pm
 

Pac-12 will announce record deal

*trying




Since: Jul 8, 2008
Posted on: May 4, 2011 1:38 pm
 

Pac-12 will announce record deal

Oregon is great to watch but a relatively new powerhouse in the making. The infamous USC is legendary but I'd rather watch a clean program. I do like watching Stanford play but can they keep it up without Harbaugh?. And Utah has become a tough team to beat, though on the slight decline since Meyer left. That still leaves a handful of underachievers (UCLA, Cal, Arizona, Washington) out there along with a few scrubs (Wash St, Colorado, AZ St.) The Pac-12, IMO, is the 4th best conference and that TV deal is slightly outrageous considering the overall talent there. Overrated Arizona, long forgotten Colorado, and underachieving Cal and Washington need to contribute in a big way to make this deal worthwhile. 
AND.. this is coming from a Michigan fan??????? That's Funny! The wolverines haven't been relevant in CFB for years, FACT. USC had 2 players mess up, lemme REPEAT that for you, ONLY 2. Whereas you have teams like OHIO ST, AUBURN, FL, FSU, BAMA that constantly have 'run ins with the law' ... trying being objective and honest when you voice your opinion.

PAC12 continues to be the best Academic Conference and carries more NCAA Championships than ALL OTHER CONFERENCES!

WE R the Conference of CHAMPIONS, literally.

End of Story.



Since: Dec 3, 2006
Posted on: May 4, 2011 1:29 pm
 

Pac-12 will announce record deal

Right, because Rich Rodriguez ran such a model program....I'm just saying. If you believe some level of cheating (pay for play, academic scandal, sex, drugs, DUI, no-show "jobs", ...etc.) does not happen on every campus in this country then you probably never went to college.



Since: Dec 3, 2006
Posted on: May 4, 2011 1:25 pm
 

Pac-12 will announce record deal

The funny thing about many of these posts are is criticism on the lack of "value" by some bloggers. Wait....can you hear that? It is the Pac 12 laughing all the way to the bank. The ink has dried and frankly the PAC 12 could care less on the opinion of sports fan that revels in the Big 12. The $3 billion is a done deal, and the only concern is what the sports writers think around bowl time. BUt yeah, thanks for the input



Since: Oct 14, 2008
Posted on: May 4, 2011 1:16 pm
 

Pac-12 will announce record deal

Oregon is great to watch but a relatively new powerhouse in the making. The infamous USC is legendary but I'd rather watch a clean program. I do like watching Stanford play but can they keep it up without Harbaugh?. And Utah has become a tough team to beat, though on the slight decline since Meyer left. That still leaves a handful of underachievers (UCLA, Cal, Arizona, Washington) out there along with a few scrubs (Wash St, Colorado, AZ St.) The Pac-12, IMO, is the 4th best conference and that TV deal is slightly outrageous considering the overall talent there. Overrated Arizona, long forgotten Colorado, and underachieving Cal and Washington need to contribute in a big way to make this deal worthwhile. 



Since: Oct 16, 2006
Posted on: May 4, 2011 1:13 pm
 

Pac-12 will announce record deal

What a bust! This deal is going to bite them in the bud! I don't think this confrence will be sucsessful in the future.
LMAO!!!!  Why are you even on a sports board????  The Big 12 will be desolved in a few years and the PAC 12 will take on UT, UO, OSU,  & Tech and become the PAC 16 - imagine how big that contrat will be.  It is hilarious a Big 12 person is throwing stones.



Since: Aug 29, 2006
Posted on: May 4, 2011 12:51 pm
 

Pac-12 will announce record deal

and yet the players still dont see a dime...



Since: Apr 8, 2011
Posted on: May 4, 2011 12:42 pm
 

Pac-12 will announce record deal

What a bust! This deal is going to bite them in the bud! I don't think this confrence will be sucsessful in the future.



Since: Oct 20, 2006
Posted on: May 4, 2011 11:46 am
 

Pac-12 will announce record deal

Now that they have surpassed the SEC in TV money, does this mean that their schools will join USC, and copy the SEC's pay-to-play strategy?  As we have seen it is well worth the slap on the wrist the NCAA will give them to outpay their competitors to get and keep the best players.



Since: Nov 8, 2006
Posted on: May 4, 2011 10:24 am
 

Pac-12 will announce record deal

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