ESPN, NCAA Ink New Eight-Year Media Deal Worth $920M

espn
(Image credit: ESPN)

ESPN and the NCAA have reached a new, eight-year agreement beginning Sept. 1, 2024, for NCAA championships media rights. The deal—valued at $920 million, or $115 million annually—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.

The new agreement expands the sports network’s longtime relationship with the NCAA, which has broadcast NCAA games since ESPN’s inception in 1979.

“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. “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. “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.”

NCAA says its 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, NCAA said.

“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.”

The 40 NCAA events included in ESPN’s new eight-year agreement include:

  • Men’s Championships – soccer, football (FCS, DII & DIII), cross country, water polo, indoor track & field, swimming & diving, wrestling, ice hockey, gymnastics, fencing, volleyball, lacrosse, outdoor track & field, tennis, baseball and basketball (including DII semifinals & DIII semifinals and championship).
  • Women’s Championships – soccer, field hockey, volleyball (including DII & DIII), cross country, indoor track & field, swimming & diving, basketball (including DII & DIII), ice hockey, bowling, gymnastics, fencing, beach volleyball, lacrosse, outdoor track & field, tennis, softball, and water polo.
  • Also: men’s National Invitation Tournament (NIT) and Women’s Basketball Invitation Tournament (WBIT); NCAA Div I Men’s Basketball Championship (international rights).

ESPN agreed to guarantee that broadcasts of the national championship game in Division I women’s basketball, women’s volleyball, women’s gymnastics, and the Football Championship Subdivision will air on ABC annually, as well as provide additional ABC coverage of softball and baseball championships. 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. In total, ESPN says that 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.

Tom Butts

Tom has covered the broadcast technology market for the past 25 years, including three years handling member communications for the National Association of Broadcasters followed by a year as editor of Video Technology News and DTV Business executive newsletters for Phillips Publishing. In 1999 he launched digitalbroadcasting.com for internet B2B portal Verticalnet. He is also a charter member of the CTA's Academy of Digital TV Pioneers. Since 2001, he has been editor-in-chief of TV Tech (www.tvtech.com), the leading source of news and information on broadcast and related media technology and is a frequent contributor and moderator to the brand’s Tech Leadership events.