Disney and the NFL were reportedly far apart in their initial conversations about a new streaming deal, but they have apparently been able to close that gap fairly quickly.
John Ourand of Sports business journal reports that the two parties have reached a “broad agreement” of terms for a 10-year extension of their current agreement. Monday night football It will remain on ESPN and ABC will be part of the Super Bowl rotation for the first time since 2006.
The deal has yet to be signed, but is expected to be priced between $ 2.4 and $ 2.6 billion per year. The previous report indicated that the league was seeking up to $ 3.5 billion and the previous deal required Disney to pay $ 2 billion a year for media rights.
CBS, FOX and NBC are also expected to expand their deals with Amazon, seen as a likely winner of the rights for Thursday night games. The league has aimed to finalize all deals before setting the salary cap, and Friday’s news is a step in that direction.