Pac-12 TV deal announced

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Visibility for the new Pac-12 Conference is on the go and for the first time ever the twelve member schools will share equally in the revenue, worth more than $225 million per year.

Pac-12 commissioner Larry Scott along with execs from ESPN and Fox Sports in Phoenix Wednesday morning to announce a new TV deal.

It's a twelve year contract, football and men's basketball will see major television time.

Part of the new partnership will be the creation of the Pac-10 network which will broadcast games that Fox, ESPN and ABC do not air.