The schools of the Big 12 have granted media rights to the conference for an extended period of 13 years. Initial reports had a grant of rights lasting for six years but in an interview with the Charleston Gazette, Big 12 Commissioner Bob Bowlsby indicated that an agreement granting media rights for 13 years had been signed:
Gazette-Mail - Please clear up the issue concerning schools granting media rights to the league. Schools agreed to grant the rights for a minimum of six years, but then word came that was extended to 13 years. Has that agreement been signed?
Bowlsby - It has been extended to 13 years and it has been signed.
The Big 12 has also reportedly agreed to a 13-year, $2.6 billion television deal with Fox and ESPN. Bowlsby also said that the league had generally come to terms on the deal and an announcement would be made in the coming "weeks or months." The deal will be made official in an announcement likely made in conjunction with the networks at some point this summer.
Sunday was the first official day in the conference for new members TCU and West Virginia.