Thursday, March 31, 2011

ESPN Sues Conference USA

ESPN is reporting that it has filed a lawsuit against Conference USA, accusing the conference of breach of contract. Specifically, ESPN alleges that the conference breached a 2005 agreement by failing to provide the network with an opportunity to match the $42 million television broadcast agreement that C-USA recently signed with the Fox network. ESPN is requesting either $21 million in damages, or specific performance of an alleged contract extension it asserts the parties had reached in principle prior to C-USA signing its deal with Fox. Meanwhile, C-USA denies that it breached any agreement with ESPN.