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ESPN EXTENDS BIG 12 BASKETBALL/FOOTBALL AGREEMENT UNTIL 2008

          ABC Sports/ESPN and the Big 12 Conference have extended
     their current telecast agreement for national and syndicated
     rights for football and men's college basketball through the
     2007-08 season.  ESPN's current contract with the conference
     was due to expire following the 2000-01 season.  The ABC
     deal for over-the-air football telecast rights was through
     the 2003 season (ABC Sports/ESPN).  In K.C., Blair Kerkhoff
     writes that the basketball deal includes the addition of a
     men's quarterfinal game to ESPN's championship week
     schedule, while the football package includes the
     continuation of a weekly Big 12 football game on ABC along
     with the Big 12 Championship game.  The Big 12 will also
     maintain its two slots for football games the Friday after
     Thanksgiving (K.C. STAR, 3/15).  In Houston, David Barron
     writes that the parties involved in the deals "would not
     disclose financial details," but the Big 12 received $135M
     in its first four years from ABC, ESPN and Fox Sports Net
     (HOUSTON CHRONICLE, 3/15).  Kerkhoff adds that for the past
     two or three years, the Big 12 has distributed "nearly" $60M
     to its members at the end of the school year.  But Big 12
     Commissioner Kevin Weiberg thinks that the number "could
     almost double in five years."  Kerkhoff: "Thank you, TV." 
     Weiberg: "I think it's fair to say that this provides us
     with good growth, and with the new basketball contract we'll
     have a shot of providing around $100 million to schools by
     the end of the contract period" (K.C. STAR, 3/15).     

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