BCS Mulls ABC Contract Extension
NEW ORLEANS (AP) _ The Bowl Championship Series is mulling over a four-year contract extension offer from ABC reportedly worth as much as $400 million.
If the deal is accepted, it would probably keep the current BCS system in place, meaning there wouldn’t be a playoff to determine the college football national champion until at least 2006.
``We have the ABC offer before us. Our membership is in the process of talking about it,″ Mike Tranghese, a BCS commissioner, said Monday in New Orleans, a day before Florida State and Virginia Tech were to play for the national title.
Tranghese, also the Big East commissioner, said he wasn’t sure when a final decision would be made but added that it would be ``soon.″
ABC refuses to comment publicly about negotiations.
The current contract, which began last season, pays the BCS about $79 million a year for four bowl games. The deal runs out after the 2002 championship game.
The new contract would be worth about $100 million a year, an increase of more than 25 percent.
It is also less than one-fifth of what CBS agreed last year to pay the NCAA for rights to the men’s basketball tournament. However, there are 63 games in the NCAA tournament played in 26 television windows for CBS, as opposed to four BCS games.