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Texas, Oklahoma reach out to the SEC
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[QUOTE="Alsacs, post: 3915919, member: 652"] ESPN got a great deal in 2010. Swofford screwed up those negotiations. He didn’t get proper value. So the only solution for the ACC was to expand to force a clause put into the contract that allowed for renegotiations if expansion took place. The ACC added Pitt and Syracuse to activate that clause. ESPN upped the annual rights fees but got an extra 4 years tacked onto their existing deal from 2010. Then the ACC went back to ESPN and said help us do a network. ESPN said okay but we want a GOR and we want an extra 6 years on the deal till 2036. So now ESPN has all ACC teams locked up till 2036. The original deal Swofford signed in 2010 would have expired in 2024. ESPN upped the payments to keep the conference from being raided but gobbled up the rights for a extra 12 years for a couple of million extra per team, It was a great deal for ESPN. This was around when the Big Ten was trying to kill the ACC. ESPN stepped up to protect its inventory from being raided and the Big Ten going on to the market which it did and taking those teams to Fox which it did. ESPN is doing the reverse now to the Big XII they want all of Oklahoma and Texas home inventory and away from sharing with Fox. ESPN picked up all SEC rights for a long while. So getting them out of the Big XII saves ESPN having to pay the Big XII a lot of money in 2024 or losing them to Fox, CBS or NBC. That kills the Big XII and allows ESPN’s other property the American to swoop in and take any valuable Big XII leftovers for pennies on the dollar for the American and ESPN. This chit is all done because of TV partners. [/QUOTE]
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