The American Athletic Conference signed a 12-year, $1 billion television deal with ESPN, per the Sports Business Journal. Each school will make just under $7 million per year under the new agreement, and did not sign a grant of rights agreement.
They did not sign a grant of rights, which would have restricted them from jumping to a conference in the Power Five. - Michael Smith & John Ourand, SBJ
The new deal will take effect in 2020 and run through the 2031-32 academic year.