According to this article, the scuttlebutt is that the SEC will re-up with CBS and ESPN for its football broadcast rights.
… Despite owning the BCS rights since the 2006-07 season, Fox has not been able to assemble a regular-season college football package. With the Big Ten, Big 12 and now, apparently, the Southeastern Conference signing long-term deals with other networks, it’s not likely that Fox will have a regular-season package when it begins negotiating a new BCS contract. The SEC is expected to renew with CBS and ESPN.
Keep in mind that the mother of all negotiations is on the horizon.
Swofford has said that the BCS will look for another four-year deal so that its contract will end at the same time as the Rose Bowl’s contract with ABC in 2014.