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NBC’s proposed deal is a decrease from the $33 million or so ESPN currently pays for the conference’s first-tier TV rights, and it’s also a staggering slide from the $150 million-per-year offer made by ESPN in 2011. The Big East’s current financial embarrassment comes courtesy of the conferenc...
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read more: http://www.forbes.com/sites/richkarlgaard/2012/05/21/7-reasons-why-facebook-ipo-was-a-bust/
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