More Info About NFL Television Rights Over the Next Decade Revealed

The NFL appears to be closing in on a new collective bargaining agreement with the Player's Association. Not only do players' profits hang in the balance, but so do the television broadcasting rights.

With current tv deals ending in 2022, many are wondering how this new CBA will affect the sweepstakes among media companies.

Even though the NFL's asking price will increase, FOX, Disney, ViacomCBS, and Comcast are expected to retain broadcasting rights for the next 10 years, according to CNBC.

The article mentions that even though the respective networks will continue to air games on their designated days and time-slots, it will come at a cost. For example, ESPN pays $2 billion annually to broadcast Monday Night Football. But with the new CBA, they'd have to pay $3 billion to retain the rights.

Additionally, the new contracts would likely last for seven-to-eight years.

What makes these investments risky is that many individuals in the country aren't paying for television services, opting instead to pay for streaming. So those networks would likely lose money in the first few years of the deal, where they would have to rely on streaming and sports betting to make up the difference in lost television viewers.

There is the possibility that AT&T DirecTV could sell their rights to "Sunday Ticket" to another service, such as Amazon, ESPN+, or Disney. However, it's unknown if the league would discuss that during said negotiations.

Don't expect much to change in terms of NFL broadcasts for the next decade, but they will come at a premium for big media conglomerates.