ESPN and NCAA Reach New, Eight-Year Media Rights Agreement
By
Roger Mcafee
January 5, 2024
Photo courtesy Oklahoma Softball
The following release information was issued by ESPN and the Sports Business Journal and information courtesy ESPN and Sports Business Journal…
BRISTOL, Conn. — ESPN’sBill Hofheimer, who oversees the company’s college sports press releases, announced the news on Thursday that the sports media powerhouse has reached an eight-year media rights agreement with the NCAA.
The new agreement gives ESPN the rights to 40 NCAA championships—21 in women’s and 19 in men’s college events including expanded coverage of DII and DIII championships.
NCAA avoided temptation to split up its TV package,
It’s a win for women’s sports, especially women’s basketball,
ESPN stays frugal, but keeps its hands in everything,
It’s a win for Charlie Baker and the NCAA’s forward thinking.
Click HERE to read the full-length Sports Business Journal article.
Below is the complete ESPN announcement regarding the rights agreement which continues to feature fastpitch softball coverage in a significant way for the Disney-owned media company:
*****
ESPN and the National Collegiate Athletic Association (NCAA) have reached a new, eight-year agreement beginning Sept. 1, 2024, for NCAA championships media rights.
The deal includes domestic rights to a record 40 NCAA championships – 21 women’s and 19 men’s events – and international rights to those same NCAA championships plus the Division I men’s basketball tournament.
“ESPN and the NCAA have enjoyed a strong and collaborative relationship for more than four decades, and we are thrilled that it will continue as part of this new, long-term agreement,” said ESPN Chairman Jimmy Pitaro.
Jimmy Pitaro (Photo courtesy ESPN)
“The ESPN networks and platforms will exclusively present a record number of championships, including all rounds of several marquee events that, together with the NCAA, we have grown over time. This unprecedented deal also further strengthens The Walt Disney Company’s industry-leading commitment to women’s sports and will help fuel our continued growth, including in the critical streaming space.”
The agreement continues exclusive coverage of sports included in the previous ESPN agreement – including all rounds of marquee NCAA Championship events (women’s basketball, softball, volleyball, gymnastics, baseball, FCS football, and more) – and adds coverage of the Division I men’s and women’s tennis team championships and the national collegiate men’s gymnastics championship.
It also includes full rights for the men’s National Invitation Tournament (NIT) and Women’s Basketball Invitation Tournament (WBIT), as well as international rights for the Division I Men’s Basketball Championship. Division II and Division III also add coverage on ESPN platform of championships in men’s and women’s basketball and women’s volleyball.
“The NCAA has worked in earnest over the past year to ensure that this new broadcast agreement provides the best possible outcome for all NCAA championships, and in particular women’s championships,” said Charlie Baker, NCAA president.
NCAA President Charlie Baker (photo courtesy Jamie Schwaberow/NCAA Photos)
“Over the past several years, ESPN has demonstrated increased investment in NCAA championship coverage, and the Association is pleased to continue to provide a platform for student-athletes to shine. Having one, multi-platform home to showcase our championships provides additional growth potential along with a greater experience for the viewer and our student-athletes.”
With the significant increase in value of the new agreement, NCAA members will explore revenue distribution units for the women’s basketball tournament. The Division I Board of Directors Finance committee began discussion of revenue distribution philosophies and new models this year, and those discussions will continue with membership in the coming year.
“Finalizing this agreement ushers in yet another milestone for the NCAA positioning student-athletes first,” said Linda Livingstone, chair of the NCAA Board of Governors and Baylor University president.
“Concurrent with the terms of the new media rights, several enhancements to student-athlete benefits across all three NCAA divisions will take effect, and this deal will help fund those important programs. And the national, integrated platform the family of ESPN networks provides will help grow the visibility of many NCAA sports, particularly for our women student-athletes.”
Endeavor’s IMG and WME Sports served as the media advisor to the NCAA for the media rights negotiations.
Hillary Mandel, EVP and Head of Americas for Media at IMG, and Karen Brodkin, EVP and Co-Head of WME Sports, added:
“This groundbreaking new ESPN deal guarantees the NCAA significant increases in rights fees, investment in production and promotion, original content and storytelling, and multi-platform viewership options with a partner that has proven integral to the growth of its championships and women’s sports. Critically, it provides greater exposure for student-athletes across a record number of championships and capitalizes on the growing interest and fandom of women’s sports, which was a key focus throughout our in-depth evaluation and advisory work with the NCAA.”
The 40 NCAA events included in ESPN’s new eight-year agreement include:
Also: men’s National Invitation Tournament (NIT) and Women’s Basketball Invitation Tournament (WBIT); NCAA Div I Men’s Basketball Championship (international rights).
New agreement extends relationship between ESPN and NCAA
The new agreement adds to the already successful offering of NCAA events on ESPN each year – a relationship that began 45 years ago in 1979, the year of ESPN’s original network launch. NCAA championships will continue to benefit from the broad portfolio of ESPN platforms which includes broadcast and cable networks – ABC, ESPN, ESPN2, ESPNU, ESPNEWS, as well as ESPN+, the industry’s leading sports streaming service.
The agreement calls for the NCAA and ESPN to work together to maximize exposure opportunities on ABC and ESPN throughout the term. The national championship game in Division I women’s basketball, women’s volleyball, women’s gymnastics, and the Football Championship Subdivision are guaranteed to air on ABC each year, with additional ABC exposure guaranteed within the overall softball and baseball championships as well. The agreement also includes a guarantee that at least 10 of the championships will have selections shows distributed on linear ESPN networks.
Select rounds of NCAA championships will be exclusively available on ESPN+, which includes 24,000 college games each year spanning more than 20 conferences, effectively linking regular season and championship viewing for fans. Launched in April 2018, ESPN+ has grown quickly to more than 25 million subscribers, offering fans thousands of live events, original programming, and premium editorial content.
In total, more than 2,300 hours of championships will be presented on ESPN’s linear and digital platforms annually, with more than 800 hours of NCAA championships on ESPN linear networks each year.
The agreement also includes enhanced broadcast sponsorship and footage rights for ESPN across its full portfolio of championships and platforms.
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