KANSAS CITY, Mo. -- Big 12 commissioner Bob Bowlsby shot down a Monday report that ESPN had bought out the pro rata clause that would force the network to pay extra should the conference decide to expand.
"I don't know where they get that stuff," Bowlsby said of a SportsBusiness Journal report that circulated Monday.
The publication reported that ESPN had bought out the pro rata clause for $10 million for the remaining eight years of its deal with the Big 12. That would work out to $125,000 per school annually. SBJ also reported Fox refused to buy out the clause.
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