NBC retains Premier League, $2.7 billion+ 6-year deal

NBC retains Premier League, $2.7 billion+ 6-year deal

NBC has held the rights to broadcast both English and Spanish in the Premier League with a bid of more than $2.7 billion over six years, a person familiar with the deal told The Associated Press.

NBC announced the deal on Thursday, but did not mention terms. The person who disclosed the financial figure spoke to the Associated Press on the condition of anonymity because the terms were confidential.

NBC acquired the rights to Premier League football from Fox for the 2013-14 season but faced stiff bidding competition from CBS and ESPN, who bid jointly during the second round of bidding. Fox, which holds the rights to host the 2022 and 2026 World Cups, also submitted a bid.

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

“We are excited to have reached this long-term extension with the Premier League. The Premier League team, led by John Miller, has been incredibly dedicated to the development of the Premier League in the United States for the past nine years,” said NBC Sports Chairman Pete Bevacqua. This new agreement is also a testament to the hard work that has been done by production, marketing and other areas of our company, as well as the tremendous partnership that has been established with the leadership and owners of the club in the Premier League.”

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The new deal covers the 2022-23 season – whose World Cup finals will end in November and December – and runs until 2027-28. It will cover 380 matches each season.

“We are pleased to announce our new US broadcast agreement with NBC Sports, who have been illustrious partners in the Premier League for the past nine seasons,” Premier League chief executive Richard Masters said in a statement. of the league in the United States at the time through its great coverage and promotion.”

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