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PAC-12 contract terms with ESPN and Fox revealed in the Ed O'Bannon lawsuit

ximianKernel

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The Pac-12's media rights fees from ESPN and Fox cost $185 million in 2013 and increase 5.1 percent annually through 2024, according to a copy of the agreement unsealed today in the Ed O'Bannon lawsuit against the NCAA.
The value of the Pac-12's deal is $3 billion over 12 years, an average of $250 million per year. Those figures have been previously reported. The term sheet shows the Pac-12 received a $30 million signing bonus in 2012 and then gets 5.1-percent increases until peaking at $321.3 million in 2024.
According to the term sheet, ESPN provides 53 percent of the money and Fox 47 percent. The document indicates Fox might have to make slight adjustments to its 47 percent payment schedule.
Click to expand...

http://www.al.com/sports/index.ssf/2013/06/ed_obannon_lawsuit_reveals_ter.html

At the bottom of the article is a PDF that breaks down what PAC-12 gets yearly till 2024

http://media.al.com/sports_impact/other/Pac-12 TV contract.pdf
 
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