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FOX WINS MOUNTAIN WEST RIGHTS FROM ESPN
Fox Sports has reached an agreement with the Mountain West to carry a package of the conference’s football and basketball games that formerly was held by ESPN. Separately, CBS Sports Network renewed its package of MWC games. My colleague Michael Smith and I are told that the Fox and CBS deals combined will be worth about $35 million annually -- around $20 million from CBS and $15 million from Fox. The length of the deals is not clear yet, but MWC Commissioner Craig Thompson has said that he wanted shorter terms than the 10-year deals the MWC had previously. The games in the Fox package are expected to run primarily on FS1.
The new Fox and CBS contracts, which will go into effect July 1, provide the conference’s 10 schools -- not including Hawaii and Boise State, which have separate arrangements -- with a significant revenue lift. Under the old contracts, those 10 schools made $1.1 million per year, per school. That per-school figure should jump to about $3 million or more. The league’s media deals are complicated because Boise State’s home games are negotiated separately from the rest of the conference. In the previous arrangement, Boise was paid a $1.8 million annual bonus, a deal negotiated in 2012 when the school jumped to the Big East and then quickly returned. Thompson has said that Boise will continue to receive a bonus above what other MWC schools get as an incentive to keep the Broncos in the league. Hawaii also has a separate deal, as it is a football-only member of the MWC.
Fox is now in business with five FBS conferences -- the MWC, Big 12, Big Ten, Pac-12 and Big East. The network also is believed to be in the running for the SEC’s package of 15 football games that CBS currently has. Even though Fox won the bidding, ESPN will continue to have a bowl relationship with the Mountain West and work with the league on playing in the early-season basketball tournaments. The MWC worked with Wasserman as an adviser on the deal.
Fox Sports has reached an agreement with the Mountain West to carry a package of the conference’s football and basketball games that formerly was held by ESPN. Separately, CBS Sports Network renewed its package of MWC games. My colleague Michael Smith and I are told that the Fox and CBS deals combined will be worth about $35 million annually -- around $20 million from CBS and $15 million from Fox. The length of the deals is not clear yet, but MWC Commissioner Craig Thompson has said that he wanted shorter terms than the 10-year deals the MWC had previously. The games in the Fox package are expected to run primarily on FS1.
The new Fox and CBS contracts, which will go into effect July 1, provide the conference’s 10 schools -- not including Hawaii and Boise State, which have separate arrangements -- with a significant revenue lift. Under the old contracts, those 10 schools made $1.1 million per year, per school. That per-school figure should jump to about $3 million or more. The league’s media deals are complicated because Boise State’s home games are negotiated separately from the rest of the conference. In the previous arrangement, Boise was paid a $1.8 million annual bonus, a deal negotiated in 2012 when the school jumped to the Big East and then quickly returned. Thompson has said that Boise will continue to receive a bonus above what other MWC schools get as an incentive to keep the Broncos in the league. Hawaii also has a separate deal, as it is a football-only member of the MWC.
Fox is now in business with five FBS conferences -- the MWC, Big 12, Big Ten, Pac-12 and Big East. The network also is believed to be in the running for the SEC’s package of 15 football games that CBS currently has. Even though Fox won the bidding, ESPN will continue to have a bowl relationship with the Mountain West and work with the league on playing in the early-season basketball tournaments. The MWC worked with Wasserman as an adviser on the deal.
Yes, but I was actually commenting on the topic of this thread.
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