Pac-12's proposed streaming deal with Apple reportedly has expiration date

The Pac-12’s potential streaming deal with Apple will expire at the end of this week, according to a report.

That’s per college football insider Brett McMurphy. He also reports that the deal is worth close to $20 million per school, but it could increase based on membership size and subscription thresholds.

Apple's primary media rights deal w/Pac-12 expires at end of week, sources told @ActionNetworkHQ. Proposal is in "low $20 million" figure per school/annually, but can fluctuate/increase based on membership size & subscription incentives, sources said

— Brett McMurphy (@Brett_McMurphy) August 3, 2023

Pac-12 commissioner George Kliavkoff first presented details of the deal with Apple to league administrators on Tuesday of this week. If the Apple deal falls through, it’s unclear what other options the Pac-12 will have for its next media rights agreement.

The Pac-12 has been working to finalize a media rights agreement for months. However, the league’s future is now influx after Colorado announced plans to leave for the Big 12 last week.

Arizona, Arizona State and Utah have also been linked to the Big 12. Leaders at Arizona and Arizona State have a meeting scheduled for Thursday evening to discuss their athletic futures.

Meanwhile, the Big Ten also appears ready to take advantage of any uncertainty in the Pac-12. The Big Ten’s presidents reportedly authorized the league to look into potential expansion options with Oregon and Washington on Thursday.