Posted by Sabrina B. @gametimegirl
SportsBusinessDaily.com says the NFL is about to prove that the rich get richer, and then some.
The website says the league is close to an across-the-board renewal of TV deals that will boost rights fees by more than 60% and yield $24 billion over the next eight years.
The new deals would mean that CBS, NBC and Fox would pay an average of $1 billion a year to broadcast NFL games. Those networks’ current deals end after the 2013 season and would be extended through the 2021 season, according to the website.
ESPN in September signed a new agreement with the NFL, at a 63% increase in fees. The other deals might be completed within a month, SportsBusinessDaily.com says.
