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Closing Bell

ESPN Matches NBC's Offer For Big East Football/Basketball TV Rights

ESPN has agreed to match NBC's offer for the Big East, agreeing to pay more than $20M per year for a six-year package, according to several well-placed sources. The two sides still are trying to work out various details about how many games ESPN will carry and where they will air. Sources said the Big East will have to take ESPN's offer to conference presidents, who will have to vote to approve the deal. No formal announcement is expected today. ESPN released a statement this afternoon saying, "Discussions with the Big East are ongoing." The Big East Conference also acknowledged that discussions are continuing.

NBC late last week agreed to a deal that would put Big East football and basketball games primarily on NBC Sports Network, with the ability to move some games to NBC's broadcast network. ESPN had to decide whether to match that deal by today. It matched the rights fee but is not likely to put any games on its broadcast channel, ABC. Sources say ESPN is likely to sublicense a significant amount of games to other networks, such as Fox Sports, which is launching Fox Sports 1 this summer.

SBJ Morning Buzzcast: March 18, 2024

Sports Business Awards nominees unveiled; NWSL's historic opening weekend and takeaways from CFP deal

ESPN’s Jay Bilas, BTN’s Meghan McKeown, and a deep dive into AppleTV+’s The Dynasty

On this week’s Sports Media Podcast from the New York Post and Sports Business Journal, ESPN’s Jay Bilas talks all things NCAA. Big Ten Network’s Meghan McKeown shares her insight into the Caitlin Clark craze. The Boston Globe’s Chad Finn chats all things Bean Town. And SBJ’s Xavier Hunter drops in to share his findings on how the NWSL is making a social media push.

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SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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