ESPN has agreed to pay Tony Jefferson Jersey $190 million annually over six years to share media rights to Big Ten football and basketball games with Fox Sports, according to .About two months ago, Fox agreed to pay $240 million annually for the other half of the Big Ten package.MORE: Meanwhile, CBS Sports will renew its basketball-specific Big Ten deal for $10 million a year.That makes the overall haul for the Big Ten $2.64 billion over six years, or $440 million annually, Trace McSorley Jersey nearly triple what ESPN and CBS had been previously paying for the same programming, SBJs Ourand notes. These figures do not include the Big Ten Network, of which Fox owns 51 percent.Under the deal, Fox Sports and ESPN will each broadcast around 25 Big Ten football games and 50 basketball games per year. But with the bigger price tag for its part of the package, Fox gets certain bonuses: the conferences championship football game and first pick of weeks in which itgets its first choice of games that means Michigan-Ohio State will be on Fox most seasons.For ESPNs part of the deal, Big Ten games will mostly Ben Powers Jersey appear on ABC, ESPN and ESPN2. SN TOP 25: | | CBS will continue to Anthony Averett Jersey show the Big Ten basketball tournament semifinals and championship through 2023.From a broader sports busine s perspective, according to Ourand, ESPNs decision to renew with the Big Ten is a positive sign for the industry. After rounds of cost cutting and layoffs over the last year, ESPN was expected by many observers to pa s on the Big Ten this time around. But once word of Foxs deal with the conference surfaced in April, ESPN president John Skipper called Big Ten commi sioner Jim Delany to restart Marlon Humphrey Jersey the conversation.Other leagues, conferences and properties have been watching the Big Tens negotiations closely, as there is concern throughout the sports media industry that cord cutting the trend of consumers canceling their cable and satellite subscriptions would have an adverse impact on rights deals.