Andre Yoskowitz
7 Dec 2011 14:19
The NFL is on the verge of extending its major media-rights deals this week, with the agreements bringing the league $3.2 billion per year over 8 years.
Each of deals will be an extension of prior deals with Fox, NBC and CBS and be a 60 percent increase over the prior contract details.
When completed, the deals, along with the current media-rights agreements with ESPN and DTV, will bring the league $6 billion per year for the nation's most popular sport.
Both the NFL and its partners are now exchanging terms sheets and the deal is expected to close before Christmas.
Before the new deals, the NFL brings in about $9.4 billion in revenue per year.