The Big East has found its new commissioner, signifying at the same time that the conference has a clear — or, at least much better — understanding of what’s truly important to its survival:
Television.
First reported by Mark Blaudschun, the Big East announced Tuesday afternoon that it has hired CBS Sports Vice President Mike Aresco as its new commissioner. Aresco will begin assuming duties in early September.
“The search to identify the new Commissioner of The BIG EAST Conference was truly an international search,” said Greg Williams, University of Cincinnati President and Chair of the Commissioner Search Committee in a statement. “We had many outstanding candidates, but we are fortunate to have Mike Aresco as our new Commissioner. His breadth of experience and depth of knowledge in intercollegiate athletics will continue to move the BIG EAST forward on a successful path. The BIG EAST has enjoyed a great history. Mike Aresco will help assure the conference of a vibrant future.”
It’s the right hire at the right time. Aresco’s first order of business will be to oversee the conference’s new TV deal discussion, which begins on Sept. 1 with a 60-day exclusive negotiating window with ESPN. Handling those negotiations will be Chris Bevilacqua of Bevilacqua Helfant Ventures. Bevilacqua led negotiations for the Pac-12 TV deal inked last year, as well as the Pac-12 Networks set to launch this week.
The next couple of months should mark the beginning of some stability for a conference in desperate need of some. The Big East lost four football members last year to the ACC (Pitt, Syracuse) and Big 12 (TCU, West Virginia), and struggled with new membership (re: Boise State) because of a lack of a longterm TV deal; the conference reportedly turned down a TV deal that would have paid all-sports members roughly $14 million annually.
The Big East’s former commissioner, John Marinatto, has since “retired.”
Whether the Big East can still get something in that ballpark remains to be seen, but at least the conference is hiring someone who understands the value of television as it relates to the overall health of the conference.