ESPN and ACC reach billion-dollar agreement
ESPN has renewed its billion-dollar broadcast deal with the Atlantic Coast Conference (ACC), on revised financial terms, until the 2026/27 season.
The new agreement is said to be worth US$3.6 billion in total, an uplift on the the previous US$1.86 million deal signed in 2010 which was due to run until 2023.
The revised deal begins in July and is reflective of Pittsburgh and Syracuse's imminent arrival in the league, which will extend schedules in men's basketball and football.
ESPN has also gained the rights to regular-season women's basketball games from the conference and will also broadcast a variety of Olympic sports. It will utilise multiple platforms to broadcast games, including ESPN networks internationally.
Signficantly ESPN has, for the first time, acquired the rights to sell title sponsorship rights to all ACC tournaments. Those rights have been packaged up in the overall US$3.6 billion value of the deal.
"This expansion and extension of our exclusive agreement brings tremendous value to our company and to ACC fans everywhere," said ESPN president John Skipper.
"We look forward to showcasing this premier conference across all platforms through 2027."
Each school in the conference stands to receive US$4.1 million more per season under the terms of the new agreement.
Picture shows EPSN president John Skipper.
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- Length of contract: 15 years
- Annualised value: US$240 million
- Overall value: US$3.6 billion
ESPN signs multi-billion dollar college deal - 22 November 2012
Fox and ESPN secure Big 12 rights for US$2.6 billion - 07 September 2012
ESPN announces 2013 X Games broadcast plans - 22 January 2013
USA Swimming partnership to reach 46 years - 12 July 2009
Pac-10 secures richest college sports broadcast deal - 04 May 2011
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