Wednesday, December 8, 2021

AP source: NBC retains $ 2.7 billion contract with Premier League for 6 years

NBC retained the English and Spanish broadcast rights for the English Premier League, placing more than $ 2.7 billion in bets over six years, a person familiar with the deal told The Associated Press.

NBC announced the deal on Thursday but did not name terms. The person who provided the financial data spoke to AP on condition of anonymity as the terms were confidential.

NBC won the major football league rights from Fox for the 2013-14 season, but faced serious competition in the bidding from CBS and ESPN, which made a joint bid during the second round of bidding. Fox, which owns the rights to the 2022 and 2026 World Championships, has also applied.

NBC’s previous six-year deal, which began in 2016, was worth $ 1 billion.

“We are delighted to come to this long term extension with the Premier League. “Our Premier League team, led by John Miller, has been incredibly committed to the development of the Premier League in the United States over the past nine years,” said NBC Sports Chairman Pete Bevaqua. “This new agreement is also a testament to our hard work in production, marketing and other areas of the company, as well as the tremendous partnership that has been established with the management and owners of Premier League clubs.”

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The new agreement covers the 2022-23 season, which will be interrupted by the World Cup in November and December and will last until 2027-28. It will cover all 380 matches of each season.

“We are delighted to announce our new US broadcasting agreement with NBC Sports, which have been brilliant partners in the Premier League for the past nine seasons,” Premier League Executive Director Richard Masters said in a statement. “NBC Sports greatly boosted the League’s popularity in the United States at the time with fantastic coverage and promotion.”

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More AP Football: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports

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