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ACC, ESPN reach 12-year TV deal

Updated: July 8, 2010, 5:05 PM ET
Associated Press

RALEIGH, N.C. -- The Atlantic Coast Conference and ESPN have agreed to a 12-year deal that would give the network exclusive rights to conference football and men's basketball games.

A person familiar with the agreement told The Associated Press that it's worth $1.86 billion over the 12 years. The person spoke on condition of anonymity because financial terms were not released when the two sides announced the deal Thursday.

That would double the league's annual TV revenue when the contract ...

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