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Report: ESPN Rejects Big Ten's Final 7-Year, $380M Contract Offer for Media Rights

ESPN has reportedly ended contract discussions with the Big Ten after rejecting the conference's latest proposal, which was for a seven-year, $380 million extension.

John Ourand of the Sports Business Journal reported the update Tuesday, one day after Andrew Marchand of the New York Post noted the Big Ten was closing in on agreements with CBS, Fox and NBC worth over $1 billion in total.

ESPN's current deal with the Big Ten checked in at $190 million, and the extension talks didn't include guarantees for the conference's top games, per Stewart Mandel of The Athletic.