In 2011, the Big 12 announced a new 13-year media rights deal with Fox that would ensure that every Big 12 home football game is televised, as well as greatly increasing coverage of women's basketball, conference championships and other sports. The deal, valued at an estimated $1.1 billion, runs until 2025. In 2012, the conference announced a new ESPN/FOX agreement, replacing the current ABC/ESPN deal, to immediately increase national media broadcasts of football and increase conference revenue; the new deal was estimated to be worth $2.6 billion through the 2025 expiration. The two deals pushed the conference per-school payout to approximately $20 million per year, while separating third-tier media rights into separate deals for each school; such contracts secured an additional $6 million to $20 million per school annually. The per-school payout under the deal is expected to reach $44 million, according to Commissioner Bob Bowlsby.