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July 8, 2024

Big deal for the Big East

PHOTO | UCONN ATHLETICS Ex-UConn center Donovan Clingan was drafted by Portland in the NBA.

As UConn continues to navigate the NIL era, its conference recently signed a deal to bring in more money.

On June 27, the 11-school Big East Conference announced a new media-rights agreement that is estimated to nearly double its annual rights payments.

Financial terms were not disclosed, but the sports business website Sportico said the conference’s existing 12-year deal, which ends after the 2024-25 season, was worth $41.7 million per year.

The new, six-year agreement, which begins with the 2025-26 season, is estimated to nearly double that, with annual rights payments in the range of $75 million to $80 million per year.

While the current contract places games with FOX and CBS, the new contract includes coverage on FOX Sports (FOX, FS1, FS2), as well as on NBC Sports (NBC, Peacock) and TNT Sports (TNT, TBS, truTV and Max).

The agreement provides for major national broadcast, cable and direct-to-consumer streaming coverage of Big East men’s and women’s basketball games and Olympic sport championship contests.

See related story: With revenue sharing and direct payments to athletes looming, college sports won’t be the same

UConn in the NIL era

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