It appears that the Big East and ESPN are close to completing a seven-year deal. The Big East's new media rights deal is actually worth less per school than its current ESPN deal and six times less than what ESPN presented two years ago. That will bring the Big East's total media rights value to about $22 million annually, starting in 2014 and, based on a 12-team league, worth about $1.8 million per school annually.
…ouch, the positive for the conference is that they at least have seven more years of existence. Well, until the ACC comes with the deathblow by taking more of their teams.