ESPN out of Big Ten TV rights negotiations

As the Big Ten prepares to become a 16-team, coast-tocoast superconference with the additions of USC and UCLA in 2024, it is ending a 40-year relationship with ESPN and moving toward partnerships with two new networks.

Two people familiar with the negotiations told The Associated Press on Tuesday that the Big Ten was looking for a seven-year deal worth $380 million per year to broadcast its football and basketball games from ESPN, and the network declined.

Both spoke to The AP on condition of anonymity because the negotiations were not being made public.

The deal would not have given ESPN first choice of Big Ten football games in a given week at any point and would have reduced the number of Big Ten games the network could broad- cast from the current 27 to about half that number, one of the people familiar with the talks said.

ESPN has held television rights for Big Ten football since 1982. The network shares Big Ten football and basketball rights with Fox in the current contract, which expires in 2023.

Fox, which owns 61% of the Big Ten Network, will remain the conference’s primary rights holder, with CBS and NBC set to join as partners, one of the people told The AP.

CBS’ long-term deal with the Southeastern Conference is set to expire after the 2023 season. That deal gave CBS the rights to the SEC’s game of the week, usually slotted in the 3:30 p.m. Eastern time window on fall Saturdays.

ESPN secured that SEC package to go with the rights it already owned from the powerhouse conference for $300 million per year. Starting in 2024, ESPN will be the exclusive network home of the SEC.

It appears CBS will replace SEC football with the Big Ten on Saturday afternoons, though the network is not likely to have the exclusive first choice of games the way it did with the SEC.

The Big Ten said Tuesday its new television contracts are still being finalized.

“The conference continues to have productive meetings with both linear and directto-consumer media partners,” the conference said.

An announcement on a new set of deals that is expected to be worth more than $1 billion annually to the Big Ten is expected soon.