ACC, ESPN reach 12-year deal to carry Orange Bowl

Associated Press Modified: November 15, 2012 at 1:02 pm •  Published: November 15, 2012
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ESPN also is working on a 12-year deal for the entire playoff package of 24 semifinals and 12 national championship games, along with the other three host bowls, that has been reported to be worth around $500 million per year.

Also Thursday, Bill Hancock was hired by the conference commissioners and university presidents to be the executive director of the playoff system that starts in 2014. Hancock has been executive director of the Bowl Championship Series the past three years. His career as an administrator in college sports spans more than three decades.