It is what we thought it was — 13 years, full Grant of Rights and more money and exposure than ever before for the league members — except that it is now signed.

The financials were not revealed, but Brett McMurphy, now of ESPN, reports what we’ve long heard and thought to be true: He says the deal between his employer and Fox is for $2.6 billion, which means $20 million annually per school.

There are a lot of answers and still many questions remain. A teleconference commences at 10:30 a.m. and Bob Bowlsby is already viral with a brief Q&A.