NCAA signs lucrative TV deal for championships, but keeps women’s basketball in bundle | The Athletic
The NCAA recently made a groundbreaking announcement that has the sports world buzzing. They have secured an eight-year deal with ESPN, worth an astounding $115 million annually, to broadcast 40 college sports championships annually. One of the highlights of this deal is the marquee Division I women’s basketball tournament, which has gained significant popularity in recent years. This agreement significantly increases from the current $34 million annual contract between the NCAA and ESPN.
Women’s college basketball has been on the rise, with powerful teams like South Carolina and UConn and star players like Caitlin Clark, Angel Reese, and Sabrina Ionescu capturing the attention of fans. Despite this, women’s college basketball has historically received significantly less investment and attention compared to men’s college basketball and football. A report in 2021 suggested that the women’s tournament could earn at least $81 million in the first year of a new deal. Still, the NCAA and ESPN settled on a $65 million annual valuation for the women’s basketball tournament as part of this agreement.
The decision to keep the women’s basketball tournament bundled with other sports rather than selling it as a standalone package has sparked some debate. Prominent coaches like South Carolina’s Dawn Staley advocated for a separate media deal for women’s basketball, similar to the arrangement for the men’s tournament. The NCAA plans to explore ways to reward women’s basketball teams’ NCAA Tournament success with revenue distribution units, a system currently in place for men’s teams.
This deal represents a significant milestone for women’s college basketball and opens the door for potential growth and changes in how the sport is valued and treated. It also highlights the complexities of sports economics and media rights negotiations in the modern era……..[read more]
Rising Dough
How can the NCAA’s new media rights deal with ESPN impact the future of women’s college basketball, and what strategies could be employed to boost the sport’s popularity and revenue further?
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The NCAA’s media rights deal with ESPN offers a substantial opportunity for women’s college basketball to gain wider visibility and attract more fans. To further elevate the sport’s popularity and revenue, focusing on targeted marketing, improving broadcast quality, leveraging social media engagement, investing in grassroots initiatives, and ensuring equal exposure compared to men’s basketball could be key strategies. These efforts aim to capitalize on the increased coverage, fostering growth, and enhancing the overall appeal of women’s college basketball.
I think the new deal offers a chance for Womens College Basketball to have more televised games which can bring more attention to the talent and the skill of Womens college players that may not get the looks that men get.