According to
Sports Business Journal, B1G and ESPN have reached a new six-year agreement. The full article is set forth
here (may be behind a paywall) but highlights include the following:
1. This is for the second half the package that is to be split with Fox. This includes approximately 25 football games and 50 basketball games. [Madison Hawk Comment: Note that the math does not add up as there are still approximately 5-10 football games 10-20 basketball games still unaccounted for. It is unclear whether these will be split between Fox/ESPN or go to BTN].
2. The price is $190M annually, compared to Fox's payment of $240M and the current ESPN payment for all of the rights (other than the B1G football championship game) at $150M. This is a significant increase for the B1G. From approximately $180M ($150M + $30 from Fox for B1G championship) to $430M for the same package.
3. Fox will have priority selections over ESPN. Specifically, it will have the B1G football championship every year. In addition, there is a selection order of game selection between Fox and ESPN but Fox will be able to select the initial week it will have first selection. Look for Michigan vs. Ohio State to be on Fox most years.
4. Games will be on ABC, ESPN and ESPN2. There will be "far fewer" games on ESPNU.
5. The length of the ESPN deal is six years, same as the Fox deal.
6. B1G and CBS reached an extension for basketball so the B1G basketball tournament finals and semi-finals will continue to be on CBS.