ESPN is set to retain the television rights to the Big East after matching a contract offer that the conference had from another network.

Big East Commissioner Mike Aresco says in a statement the conference presidents still must approve the deal, but that “the ESPN and the Big East will continue, for years to come, their long-term relationship, which began in 1980.”

ESPN spokesman Mike Soltys posted on Twitter: “ESPN has matched an offer for the Big East and we look forward to continuing our relationship.”

Neither side was providing details, but a person familiar with the situation had previously told the AP that NBC had offered a six-year deal worth about $20 million annually for the TV rights to Big East sports.