UT, ESPN Reach 20-Year $300 Million Dollar Deal

The Longhorn Network is officially a reality. Texas and ESPN have entered into a 20-year, $300 million agreement for the 24-hour network.

A few quick highlights from the deal:

* IMG College is part of the agreement getting 17.5% of the guaranteed $300 million to help promote and sell the network.

* UT is assured of at least $10 million per year for the first five years, and could realize more from the beginning depending on the profitability of the network.

* The network will probably average one home football game per year to telecast live, plus several men's basketball games. Baseball and women's basketball will also be a part of the network, as will several other sports.

* Non-athletic events will also be a staple of the network, including guest speakers on campus, or student documentaries. "This will be high-level, entertaining cultural, music, scientific, Discovery Channel, History Channel kind of stuff," Powers said.

* This fall is the target launch date for the network, which will be available on basic cable in Texas and Oklahoma, and maybe parts of Louisiana. It will be made available nationally as part of a sports package or as a stand-alone channel.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Barking Carnival

You must be a member of Barking Carnival to participate.

We have our own Community Guidelines at Barking Carnival. You should read them.

Join Barking Carnival

You must be a member of Barking Carnival to participate.

We have our own Community Guidelines at Barking Carnival. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9341_tracker