The Big Ten conference is about to reap a major media rights windfall according to news coming out of www.sportsbusinessdaily.com.
As best I understand it, half of the Big Ten football games are allocated to the Big Ten network, and the rest assigned to ESPN. (The Big Ten network is a joint venture split 51/49 with Fox). Basketball is split between BTN and CBS. However, that deal is ending.
Fox is willing to part with $250,000,000 each year for the rights (over a period of six years) for 25 football games and 50 basketball games to be broadcast on Fox Sports 1 and Fox.
$250,000,000 a year over six years for 1/2 of the current inventory!!!
We're getting paid (apparently) at just the right time. Hot damn