NFL lands 11-year, $110 billion television rights deal
The NFL sure knows how to negotiate a contract.
If there was any doubt about that, the league’s new television rights deal put an end to all of that.
How much are the rights to broadcast NFL games worth? Turns out, that’s worth $10 billion a year.
That’s the figure the NFL landed in negotiations on a new 11-year deal with partners CBS, FOX, ABC/ESPN, NBC and Amazon. Financial details of the deal were first reported by John Ourand of The Sports Business Journal.
“These new media deals will provide our fans even greater access to the games they love. We’re proud to grow our partnerships with the most innovative media companies in the market,” NFL Commissioner Roger Goodell said in a statement. “Along with our recently completed labor agreement with the NFLPA, these distribution agreements bring an unprecedented era of stability to the League and will permit us to continue to grow and improve our game.”
In the new deal, which begins in 2023, NBC is set to host the Super Bowl in 2022, 2025, 2029 and 2033, CBS will host the Super Bowl in 2023, 2027 and 2031, FOX will host the Super Bowl in 2024, 2028 and 2032 and ABC will host the Super Bowl in 2026 and 2030.
Thursday Night Football is moving exclusively to Amazon.
No matter how you slice it, this is a great day for the NFL.