ESPN reportedly will pay an additional $345 million a year on average for expanded College Football Playoff

Pete Thamel, citing sources, says ESPN will pay an additional $345 million annually on average over the next five years for the expanded College Football Playoff. That is on top of the $1.3 billion annually it already pays on average over that period. Thamel also says Fox, which owns TV rights to the Big Ten title game, is expected to get back nearly $60 million annually for its cancellation.