The Big East has accepted a matching offer sheet from ESPN, keeping the network as its primary media rights holder through the 2019-20 season, the conference confirmed Saturday.
In total, the deal is reportedly worth $130 million over seven years. That matches the deal put forth by the NBC Sports Network last week. It will be worth approximately $1.8 million annually per school, once this major round of conference realignment takes hold and the Big East has 12 members.
“ESPN has matched the third-party offer that the Big East Conference received, and, subject to Big East board approval, ESPN and the Big East will continue, for years to come, their long-term relationship, which began in 1980,” conference commissioner Mike Aresco said in a statement.
There has been a great deal of movement since the Big East was offered $1.17 billion by ESPN two years ago. In that time, 16 teams have left or intend to leave the conference. The core of Catholic schools in the Big East have broken off to form a basketball-centric league, which is likely the next to sign a major media rights deal.
To read the entire financial breakdown of the deal, click here.
Daniel Martin is a writer and editor at JohnnyJungle.com, covering St. John’s. You can find him on Twitter:@DanielJMartin_
Friday afternoon the field for the 2016 AdvoCare Invitational in Orlando was announced, with Puerto Rico Tip-Off champion Miami being one of the eight teams involved.
Joining Jim Larrañaga’s Hurricanes in Orlando will be Florida, Gonzaga, Indiana State, Iowa State, Quinnipiac, Seton Hall and Stanford. Gonzaga has won the event in each of its prior two appearances, doing so in 2008 and 2012.
Each of the other seven teams will be making their first appearance at the AdvoCare Invitational.
Another in-season tournament field for next season was revealed, as the DirecTV Wooden Legacy announced the eight teams that will make the trip to Fullerton, California.
UCLA, which was led to ten national titles by the event’s namesake, will take part as well CSUN, Dayton, Nebraska, New Mexico, Portland, Texas A&M and Virginia Tech. Six of the eight teams have made prior appearances in the event, with Dayton and Nebraska being the two programs who will make their DirecTV Wooden Legacy debuts next season.
Portland and Virginia Tech reached the title game in their prior appearances, with the Pilots losing to West Virginia in 2009 and the Hokies falling to UNLV in 2010.