:format(webp)/cdn.vox-cdn.com/uploads/chorus_image/image/63310462/82900973.jpg.0.jpg)
The American formally announced its new media rights deal with ESPN on Wednesday.
The American and ESPN have announced an agreement on a 12-year media rights extension beginning in 2020-21.#AmericanPow6r
— The American (@American_Conf) March 27, 2019
Details: https://t.co/2sQPgMdJsp pic.twitter.com/SiSXUAJNbO
Financial terms were not officially disclosed, but John Ourand and Michael Smith of Sports Business Journal reported last week that the deal pays each school an average of $6.94 million per year.
The deal starts in 2020-2021 and goes through 2031-32.
You can read the full release here. You can also listen to the teleconference explaining the deal here:
UCF released a statement from Athletic Director Danny White:
#Power6 ✊
— UCF Knights (@UCFKnights) March 27, 2019
More details on the new deal between the @American_Conf and ESPN https://t.co/MV05Q8Lm7N pic.twitter.com/viqnTC2ds6
We’ll have more on this and how it relates to the UCF Knights in the coming days.