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ESPN Inc. and the WAC have reached a multi-year agreement for ESPN, ESPN2 and ESPN-subsidiary Creative Sports Inc. to distribute WAC basketball games for the upcoming season. From January to early March '96, men's WAC games will be carried on ESPN's "Big Monday" in the midnight time slot. ESPN will also carry at least five additional games, including the WAC championship. ESPN2 will carry at least 11 men's games on Thursday and Saturday nights, in addition to at least two women's games. Creative Sports has also acquired the rights to syndicate all remaining WAC tournament and women's games, as well as broadcast network distribution rights for all WAC games. WAC Commissioner Karl Benson: "Being part of the 'Big Monday' package will allow the WAC to gain tremendous national impact. The intangible benefits of the ESPN game promos only add to the value of the total package" (ESPN).
The NCAA Executive Committee has agreed on the "basic concepts" of the distribution of revenue from the NCAA's seven- year contract with CBS for the NCAA Basketball Championship. The approach will follow the distribution plan currently in effect and will take the form of direct payments to the member schools. By the end of May, the NCAA will distribute an additional $8.5M to Division I member schools based on their performance in the basketball tournament over the past six years. An additional $8.5M will be distributed in August based on the number of sports and scholarships offered by the institutions (NCAA).