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[QUOTE="Whitey23, post: 1794402, member: 216"]
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ESPN will pay an average of $190 million per year over six years for essentially half the conference’s media rights package, according to several sources close to the talks. Two months ago, Fox Sports agreed to take the other half of the package for an average of $240 million per year. CBS Sports also has told the conference that it will renew its basketball-only package for $10 million per year.

The six-year, $2.64 billion media rights haul represents a big win for the Big Ten Conference, of course, which will see its average media rights payout nearly triple when it takes effect next fall

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Soon after news of Fox’s deal leaked in April, however, ESPN President John Skipper called Big Ten Commissioner Jim Delany and said he wanted to re-engage. After a flurry of phone calls and emails, Skipper and Delany reached a broad agreement on price. John Wildhack, ESPN executive vice president of programming and production, and Burke Magnus, executive vice president of programming and scheduling, shook hands on an agreement with Delany and conference lawyer John Barrett during a May 19 meeting at the conference’s New York office.
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