Alongside the rest of the Big 10, Rutgers looks set to profit from a staggering $1 billion from television deals and broadcasting rights alone.
If predictions are correct, the Big 10 would become the first conference to hit such dizzying heights - but what does that mean for Rutgers football and basketball team?
The current contracts, primarily owned by FOX and ESPN, will expire at the end of the 2022-23 season, opening up a world of possibilities for Rutgers and co. Although ESPN currently holds an exclusive negotiating window, you could end up watching your 2023 NJ sports betting wagers unfold over on Amazon, Apple, NBC, CBS, FOX, or Disney - all of which look set to do battle to become the conference’s primary partner(s).
Will ESPN manage to secure a deal before Apple, NBC, FOX, etc, get a chance to hold talks? It certainly seems unlikely, especially when Conference officials are more than confident that the aforementioned seem extremely willing to fight for official Big 10 rights. Unsurprising really, when we consider that the Big Noon Saturday, hosted on FOX, averaged 5.75 million viewers alone.
While we would expect both FOX and ESPN to put up a good fight, we would also envisage the Big 10 conference officials to split up the season, allowing them to benefit from numerous lucrative long-term deals. This idea looks set to be the most profitable for the Big 10, with many believing it could see the conference earn in excess of $1 billion per year.
For current and prospective Scarlet Knights, this could be the start of a very interesting and progressive period in Rutgers football and basketball history. Although players will not directly see any of the $1 billion, they almost certainly will see grand improvements to training facilities, coaching staff, equipment, stadiums, courts, game gear, and more, as well as a clear spike in interest in the Rutgers football and basketball programs.
To keep up-to-date with all the latest news surrounding the latest, breaking sports news affecting New Jersey, be sure to keep checking back to NJxGambling.com!