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<blockquote data-quote="RamblinRed" data-source="post: 881362" data-attributes="member: 1776"><p>[URL unfurl="true"]https://www.cbssports.com/college-football/news/usc-ucla-planning-to-leave-pac-12-for-big-ten-in-2024-with-announcement-imminent/[/URL]</p><p></p><h2>Serious coin</h2><p>How much money could USC and UCLA make through media rights payouts in the Big Ten? Both schools could reach -- or even top -- <a href="https://twitter.com/wilnerhotline/status/1542589074770259968" target="_blank">$100 million annually</a>, according to the San Jose Mercury-News' Jon Wilner. The Big Ten has been in negotiations for its next media rights deal, which was reportedly getting into the billion-dollar range. The amount of money on the table is mind-boggling. </p><p></p><h2>More on timing</h2><p>Today, June 30, would be the last day USC and UCLA could inform the Pac-12 they intend on leaving the conference if they want to avoid potential additional financial penalties, three sources tell CBS Sports' Matt Norlander. The active Pac-12 grant of rights expires on June 30, 2024.....so if you wanted to know why this is coming out today, there is your answer.</p><p></p><h2>Media rights timing is key</h2><p>The timing of this is fairly natural, both for the Pac-12 schools and the Big Ten. The Pac-12's current media rights deal expires in 2024, which is when USC/UCLA would reportedly leave. They can avoid a hefty exit/buyout fee by transitioning leagues at the same time the rights deal is up. The Big Ten, meanwhile, is in the midst of negotiating a new TV deal that would likely begin in 2023 which could reportedly be worth more than $1 billion per year. Adding USC and UCLA to that package certainly won't hurt.</p></blockquote><p></p>
[QUOTE="RamblinRed, post: 881362, member: 1776"] [URL unfurl="true"]https://www.cbssports.com/college-football/news/usc-ucla-planning-to-leave-pac-12-for-big-ten-in-2024-with-announcement-imminent/[/URL] [HEADING=1]Serious coin[/HEADING] How much money could USC and UCLA make through media rights payouts in the Big Ten? Both schools could reach -- or even top -- [URL='https://twitter.com/wilnerhotline/status/1542589074770259968']$100 million annually[/URL], according to the San Jose Mercury-News' Jon Wilner. The Big Ten has been in negotiations for its next media rights deal, which was reportedly getting into the billion-dollar range. The amount of money on the table is mind-boggling. [HEADING=1]More on timing[/HEADING] Today, June 30, would be the last day USC and UCLA could inform the Pac-12 they intend on leaving the conference if they want to avoid potential additional financial penalties, three sources tell CBS Sports' Matt Norlander. The active Pac-12 grant of rights expires on June 30, 2024.....so if you wanted to know why this is coming out today, there is your answer. [HEADING=1]Media rights timing is key[/HEADING] The timing of this is fairly natural, both for the Pac-12 schools and the Big Ten. The Pac-12's current media rights deal expires in 2024, which is when USC/UCLA would reportedly leave. They can avoid a hefty exit/buyout fee by transitioning leagues at the same time the rights deal is up. The Big Ten, meanwhile, is in the midst of negotiating a new TV deal that would likely begin in 2023 which could reportedly be worth more than $1 billion per year. Adding USC and UCLA to that package certainly won't hurt. [/QUOTE]
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