NFL Finally Starts Talking Financial Terms With Networks for Mammoth TV Rights Deal
Cynthia Littleton, provided by
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The NFL’s incumbent TV network partners have been put on notice. The price tag for a deal spanning at least eight to 10 years is essentially double the fees charged for the various packages in the previous contract negotiations struck in 2011.
The league and top executives at ESPN, CBS, Fox and NBC have been in active talks for months on setting a long term contract extension that is sure to shatter industry records for rights fees.
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But while talks have been ongoing, NFL executives only in recent days presented the financial terms of its separate negotiations to renew NFC conference rights with Fox, AFC conference rights with CBS, the “Sunday Night Football” package with NBC, ESPN’s “Monday Night Football” as well as “Thursday Night Football,” now at Fox and the league’s own NFL Network. ESPN’s pact expire
The four provinces have cumulatively received additional revenues amounting to Rs1.9 trillion in the past ten years under the 7th National Finance Commission award up by nearly 300% a huge sum that the Centre believes is not spent on the economic and social wellbeing of the people effectively.