The HQ told you about this, like, a long time ago... starting in late February...
But it's now official...
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 game.
Financial terms of the deal were not immediately disclosed, but look for it to be somewhat lucrative, but not as lucrative as the SEC deal.
The deal begins in the 2011-12 season and would give ESPN syndication rights that would allow Raycom Sports to carry games and maintain its long-running broadcasting relationship with the league- which, from OSG sources was one of the sticking points in the negotiating process as Raycom opened up their wallets to support the dollars in the bid.
ESPN gets to broadcast ACC regular-season football games each Saturday as well as the league championship game- which had been an ESPN on ABC product. In men's basketball, the network would carry all games on one of its channels or through online or mobile services.
Are you ESPN3 eligible...?
The deal would also include the entire women's basketball tournament and more non-revenue sports coverage.
1730 UPDATE: The deal is worth is worth $1.86 billion, according to an anonymous source that spoke to the AP, and will double the league's TV revenue.