The conference will earn more than $8 billion over a seven-year deal with CBS, Fox, and NBC. It will generate $1.1 billion per year. Its previous deal with Fox and ESPN garnered the conference $440 million annually.
"It's in such stark contrast to when I was at ESPN. You weren't even supposed to be mentioning politics. When things were getting too left at ESPN, too liberal, it was because people were speaking up for black athletes. We weren't going to Barack Obama's birthday party."
"With the majority of one-time costs of becoming a public company largely behind us, the value creation opportunities of our multi-platform model are showing positive results."