Big Ten completes 7-year, $7 billion media rights agreement with Fox, CBS, NBC

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The Big Ten has completed a new seven-year media rights agreement with Fox, CBS and NBC that is set to bring in more than $7 billion

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The agreement is one of the nation's most powerful athletic conferences.

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The agreements will officially begin July 1, 2023 and run through the 2029-30 football season, making it a seven-year deal in all.

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The Big Ten called its new deals “the most comprehensive in all of college sports.”

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According to USA Today, the Big Ten distributed $54.3 million to its members during the 2019-20 fiscal year.

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Fox has the top package of Big Ten games and is the largest stakeholder.

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Big Ten sports will be available across six different platforms: Fox and its affiliates.

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The Big Ten is projected to eventually distribute $80 million to $100 million per year to each of its 16 members.

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All three networks will carry future Big Ten football championship games.

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