In the annual spring/summer effort to make it up to my wife for not doing things for 8 months because of Pitt football and basketball, most weekends are now heavily occupied with either family activities or house chores. This past weekend involved building a 4×8 raised garden bed. All went well until I started driving stakes into the ground to help anchor the bed. Whacked my thumb with a mallet. Glancing blow so I managed not to break it. Instead took out a divot of flesh at the top of the thumb. Suffice to say I didn’t feel much like typing for a few days. Still hurts.
Actually a good deal to get to, but the big news is the pending Pac-12 media rights deal. It’s a whopper.
The Pac-10 Conference has agreed to a media rights deal with ESPN and Fox that is worth more than $2.7B over 12 years, according to multiple sources. A formal announcement could come as soon as tomorrow. The deal, which averages out to more than $225M per year, includes football, basketball and Olympic sports rights. It is more than triple the conference’s current deals with ESPN and Fox. The conference is holding some rights back that it still hopes to use for a dedicated channel.
Now the offices of the Pac-12 get their cut, so it isn’t like each team will get $20 million per year, but it will be up there.
