I’ve read conflicting reports already. SBJ is saying it is $8B+ over seven years, the Athletic is saying it is north of $7B.
Either way, the conference is splitting over a billion per year.
Here’s the biggest chunk of meat from the Athletic article:
CBS, FOX and NBC will each televise designated Big Ten football championship games during the term of the agreements. Fox will broadcast the league’s title game in the odd years (2023, 2025, 2027 and 2029), while CBS will broadcast it in 2024 and 2028, and NBC will air it in 2026.
Fox/FS1 will carry up to 27 regular-season football games in 2023, then up to 32 games per year from 2024 onward. BTN will broadcast up to 41 games in 2023 and a maximum of 50 games per year afterward.
NBC will broadcast 16 regular-season Big Ten games in 2023 and then 15 games per year from 2024 onward. Games on NBC will simultaneously stream on Peacock. NBC will carry a primetime game on Black Friday as well.
Because the SEC will remain on CBS through the end of the 2023 season, the Big Ten will have a partial schedule on the network its first year. CBS will carry seven Big Ten football games as well as regular season and postseason men’s basketball as well as, for the first time, the women’s basketball tournament final. Starting in 2024, CBS will broadcast up to 15 Big Ten football games per season, including an afternoon game on Black Friday. All of those games will be broadcast on CBS, and every game CBS airs will also stream on Paramount+.