Some reports out there that ESPN will pay the big 12 $10M to eliminate the pro-rata clause. Other reports say it ain't so and is still being negotiated.
From the article:
According to Forbes sports business reporter Kristi Dosh, the conference will only receive $10 million from ESPN over the remainder of the Big 12’s television agreement to remove the pro rata clause — only $1 million per school in negligible payments.
The other television partner, FOX, managed to avoid any payments by simply keeping the pro rata clause in the conference’s contract.
Commissioner Bob Bowlsby maintains that negotiations are still ongoing.
The news, if true, represents another dud for the conference, which held almost all the leverage in expansion with the pro rata clause worth $25 million per school.
Link: http://www.burntorangenation.com/20...-10-million-big-12-conference-pro-rata-clause
From the article:
According to Forbes sports business reporter Kristi Dosh, the conference will only receive $10 million from ESPN over the remainder of the Big 12’s television agreement to remove the pro rata clause — only $1 million per school in negligible payments.
The other television partner, FOX, managed to avoid any payments by simply keeping the pro rata clause in the conference’s contract.
Commissioner Bob Bowlsby maintains that negotiations are still ongoing.
The news, if true, represents another dud for the conference, which held almost all the leverage in expansion with the pro rata clause worth $25 million per school.
Link: http://www.burntorangenation.com/20...-10-million-big-12-conference-pro-rata-clause
