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Record TV Deal for College Conference is signed by the Big Ten

The Big Ten Conference sold the broadcast rights to its contests for an average of at least $1 billion a year, making it the most lucrative television deal ever for a collegiate sporting organization. The Big Ten is now officially recognized as one of the nation’s premier collegiate sports conferences thanks to the seven-year agreement, which was unveiled on Thursday and is worth at least $7 billion over the course of the pact.

 

It also likely to stoke the ongoing discussion over how institutions should handle student athletes who get no financial compensation. The agreement comes at a moment of extreme change in collegiate athletics and shows television networks’ ambition to profit from America’s massive hunger for sports.

The Big Ten is emulating a method that the N.F.L. used to establish itself as the richest sports league in North America. It will divide football games across three broadcast networks beginning with the 2023 season, with Fox, CBS, and NBC each possessing coveted time periods. How effective this tactic will be will only be clear with time.

 

Written by GMS

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