
The Southeastern Conference has completed the buy-back of its TV, digital and sponsorship rights from third parties, clearing the final hurdles to launch its TV channel with ESPN next year.
The conference and ESPN will make a formal announcement on the yet-to-be-named SEC channel, which will launch in August 2014, at an event Tuesday in Atlanta.
This new network will be much like the ones created by the Big Ten and Pacific 12 conferences. According to Matt Murschel of the Orlando Sentinel, "both leagues and its members have seen a big financial windfall from the network deals."
Within the current constructs of the SEC's television deals, the schools in this conference were already raking in the cash, according to Murschel:
The SEC's current television rights deal with ESPN and CBS pays the league $205 million annually, which breaks down to $14.6 million per school. While financial details of this new deal were not released, it's likely the payday will be much larger.
http://bleacherreport.com/articles/1606 ... hort-order







