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Another $12M for Texas?

... According to multiple sources, Texas stands to increase its TV revenue by $12 million per year thanks to an agreement reached with ESPN to distribute the Longhorn Network on cable systems beginning in the fall of 2011. The sources said the deal is for 10 years and guarantees Texas $12 million annually on top of the TV revenue UT would receive as part of the Big 12's current television contracts with ABC/ESPN and Fox. ... If true, this is a TOTAL game-changer. If ESPN is going to pay $12M for basically leftover programming, how much is the rest worth? And how much is it worth for a number of other schools, including UCLA/USC?

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