There was no news regarding the conference's lack of a new TV deal, but Commissioner John Marinatto did have plenty to say on the topic at the Big East media day. The Post-Gazette's Paul Zeise also has a good rundown of how things have turned out thus far:â†µ
The Cliff Notes version of the background on this is that ESPN came to the Big East an offered a 7-year deal for football and basketball worth about $11 million per school.â†µ
The basketball schools said let's jump at it, Big East commissioner John Marinatto was on board, and Pederson and the football schools stepped in and said "we can do better."â†µ
There was division, there was some arguing, there was some splintering UNTIL Comcast/NBC got into the game and began driving prices up to the point where the Pac-12 got $3 billion over 12 years.â†µ
That's when everybody in the conference got on board and said, "let's wait this thing out."â†µ
Still, don't look for anything to get done right away. The conference has nothing but time to kill as they've got another year to negotiate a deal with other networks. As the last major conference without a deal, you can expect them to hold networks at bay until they get the best deal possible. They still may not be able to command as much as Pac-12, but they'll likely do better now that they've waited it out.