Big 12 agrees to six-year media rights extension with Fox & ESPN worth more than $2 billion

The Big 12 has signed a new media rights deal with existing partners Fox and ESPN worth more than $2 billion running through 2030-31, according to multiple reports on Sunday.

The league’s current rights agreement runs through 2024-25, but the conference entered early discussions with its partners in order to solidify its future after a turbulent summer in college athletics.

Iowa State athletics director Jamie Pollard said on Twitter that the deal will be worth nearly $50 million per year for each school, up from $41 million last year.

The deal still dwarfs in comparison to the nearly $8 billion deal signed by the Big Ten with Fox, CBS, NBC and the Big Ten Network over the summer, but should set the league up well moving into the future with new additions UCF, Cincinnati, BYU and Houston set to join the league next summer.

Stay tuned to Cyclone Fanatic for more on this developing story.

Jared Stansbury

View articles by Jared Stansbury subscriber

Jared a native of Clarinda, Iowa, started as the Cyclone Fanatic intern in August 2013, primarily working as a videographer until starting on the women’s basketball beat prior to the 2014-15 season. Upon earning his Bachelor’s degree in Journalism and Mass Communication from Iowa State in May 2016, Jared was hired as the site’s full-time staff writer, taking over as the primary day-to-day reporter on football and men’s basketball. He was elevated to the position of managing editor in January 2020. He is a regular contributor on 1460 KXNO in Des Moines and makes regular guest appearances on radio stations across the Midwest. Jared resides in Ankeny with his four-year-old puggle, Lolo.

Follow @@JaredStansbury