The University of New Mexico Athletics Department is one step closer to signing a multi-million dollar media-rights deal, months after Athletics Director Eddie Nunez went public with the deal in Sept.
Nunez said during an Oct 15. Board of Regents meeting that he expects the deal to be done by December.
In the meantime, Nunez told the regents that until the new contract with Outfront Media was signed, "bridge contracts" have been allowing the company to handle UNM's media, such as the golobos website.
The contract with the previous company, Learfield, was worth $4,456,500, according to the Athletics department. The Santa Fe New Mexican reported that the department was expecting the new contract to be worth around $3.5 million.
Outfront also represents Louisiana State University (Nuñez’s previous employer), University of Maryland, Wichita State University, the University of Virginia, along with five other university sports programs.
Justin Garcia is the Editor-in-Chief of the Daily Lobo. He can be contacted at firstname.lastname@example.org or on Twitter @Just516garc