ESPN to pay Texas $12 mil a year for Longhorn sports
Wow. ESPN has guaranteed Texas $12 mil a year, starting next fall, to carry the Longhorn Network on its cable systems. This is on top of Texas' share of Big 12 TV revenues.
"The new agreement between Texas and ESPN for the Longhorn Network includes a $10 million payment up front, sources said. It also would make Texas the top TV revenue-producing school in the country, earning close to $30 million next year in TV revenue and more than $32 million beginning in 2012-13, sources said."
Re: ESPN to pay Texas $12 mil a year for Longhorn sports
This isn't even the rich getting richer, it's gold plated flushing handles on toilets at the cross-country location instead of normal ones. Not really sure how more money or exposure really is going to help them outside of the pure greed aspect.
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