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Sports Business Daily: Fox- Big Ten close to 6 yr 1.5 billion deal for 1/2 Big Ten rights
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[QUOTE="TexanMark, post: 1745656, member: 35"] Ok the latest from Sports Business Daily. h/t: MadisonHawk from CSNBBS.com This week's edition of Sports Business Journal has a column on the Big Ten negotiations. You can read the entire article [URL='http://www.sportsbusinessdaily.com/Journal/Issues/2016/04/25/Media/Big-Ten.aspx']here[/URL] (subscription may be required), but here is a summary of major items. 1. ESPN's offer was significantly lower than Fox's. 2. ESPN tried to carve out a smaller deal that would "create a smaller package with the best games" 3. ESPN has reached out to the B1G to negotiate on the second package but John Ourand and Michael Smith (who are closer to the negotiations and dynamics than any other media persons) are skeptical ESPN will pay enough. 4. NBC has been in negotiations with the B1G, but NBC has historically focused on rights where it has exclusivity (e.g. Olympics, hockey). 5. CBS and Turner could team up as both networks want B1G basketball and CBS could use the B1G to create a double-header with the SEC. 6. Fox may also bid on the second package but at a much lower price as it already has at least some of the premium content it was seeking. 7. The deal is important to Fox as it "narrows the gap" with ESPN on college sports. [/QUOTE]
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Sports Business Daily: Fox- Big Ten close to 6 yr 1.5 billion deal for 1/2 Big Ten rights
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