Fox Sports is said to reach a $500 million deal for new Big East

03/11/2013 | New York Times (tiered subscription model), The

News Corp.'s Fox Sports 1 reportedly has reached a $500 million, 12-year deal for the basketball rights to Georgetown, Seton Hall and five other Catholic universities that will be in the reconfigured Big East conference. ESPN, meanwhile, has a contract worth $20 million a year for the old Big East, featuring such teams as Connecticut, Cincinnati and a number of Southern universities.

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New York Times (tiered subscription model), The

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