Report: SEC Will Reopen Contract With ESPN
The SEC will exercise one of its options to adjust its current contract with ESPN, commissioner Mike Slive told CBSSports.com.
The conference is expected to ask for an increase in the rights fees on the current 15-year, $3 billion deal because of the additions of Texas A&M and Missouri.
According to CBSSports.com, conferences are allowed periodic “look ins” to address issues in the contract like conference expansion and the two parties typically negotiate a rights fee increase. The issue can go to arbitration if the two sides cannot come to an agreement.