NBC Sports Network has verbally offered the Big East between $20 million and $23 million per year for six years to acquire the league's media rights, sources told ESPN.

Meanwhile, the Big East's Catholic 7 schools are closing on a deal with Fox Sports, according to sources.

NBC Sports Network is expected to submit an official offer to the Big East by next week. Once the Big East receives an official offer from NBC Sports Network, the league must give ESPN, the Big East's current rights-holder, the opportunity to match the deal.

The Catholic 7 schools -- DePaul, Georgetown, Marquette, Providence, St. John's, Seton Hall and Villanova -- haven't formed a new league yet, but Fox Sports has been the leader for their media rights, sources said. Fox Sports' offer would be worth between $30 million and $40 million per year depending on how many teams are in the league, sources said.

"Barring a hiccup," Fox Sports will land the media rights deal for the Catholic 7's new league, a source said.

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