Source: New Pac-12 rights deal in ‘near future’

• Heather Dinich, ESPN

  • Elder WriterJul 18, 2023, 04:30 PM ET Close College football press reporter Signed up with ESPN.com in 2007
  • Graduate of Indiana University

The Pac-12 anticipates to launch details of its extremely prepared for media rights handle the “near future,” a league source with knowledge of the discussions informed ESPN on Tuesday.The offer will

not be announced at Pac-12 football media day on Friday in Las Vegas, the source told ESPN. It is most likely to include a mix of streaming and direct options and is expected to be on-par with the ACC and Big 12, the source stated.

“Our 10 schools have been extremely client,” the source said, adding that the league’s patience to negotiate has actually resulted in more bidders pertaining to the table. “That persistence is about to pay off.”

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1 Associated For the Pac-12 to stay undamaged after the departure of USC and UCLA to the Big 10 in 2024, the 10 remaining presidents and chancellors need to sign the grant of rights, which will depend upon their satisfaction with the new offer. The 10 schools in the conference have actually prenegotiated the grant of rights offer and agreed on the terms, consisting of how the earnings would be split, which symbolizes a dedication to the conference– a minimum of tangentially. The length of the grant of rights will mirror the regards to the television contract.Leaders throughout college sports have been paying very close attention to the Pac-12 and waiting for months to see how– if at all– the brand-new offer might further impact conference realignment. The greatest flight threat, according to sources, has actually been Colorado, and it remains to be seen if the administration there has the persistence to await the brand-new deal before making a significant choice that might have a tidal wave of effects.The unpredictability in the Pac-12 has actually been magnified by the Huge 12’s unabashed interest in the possibility of further conference expansion and its six-year, $2.2 billion television deal with ESPN and Fox that runs through 2031.

The Big 12 opened its settlements early and completed its agreement prior to the Pac-12, despite the fact that the Pac-12’s present television offer ends a year earlier.The Pac-12 has never ever wavered from its timeline, which has been to complete its media deal, get the grant of rights signed, and then consider additional growth. According to sources, the Pac-12 board months ago narrowed its scope to a handful of schools. However, due to the fact that the broadened, 12-team College Football Playoff will reward the six-highest ranked conference champions in 2024, some schools in the league think there will be a benefit to being in a conference of 10 instead of 16.