NFL signs more than $100 billion in media deals and gives Amazon exclusive games
Author: Frank Pallotta. Source: CNN Business
The NFL is giving Amazon Prime Video exclusive rights to Thursday Night Football — part of its new 11-year deal with TV networks valued at more than $100 billion. The new deal includes Amazon, CBS, ESPN/ABC, Fox and NBC. It covers 11 years, including a 10-year deal beginning in 2023 and a bridge year deal in 2022 for ESPN.
"These new media deals will provide our fans even greater access to the games they love," NFL Commissioner Roger Goodell said in a statement. "We're proud to grow our partnerships with the most innovative media companies in the market,"
Here's how the league's new deal will play out with their media partners:
Amazon
One of the most significant aspects of the new deal is the NFL's growing partnership with Amazon (AMZN).
For the first time, the league — TV's most valuable product and biggest ratings driver — is making a package of its games exclusive to digital.
"The streaming experiment just went up a notch," Patrick Crakes, a former Fox Sports executive turned media consultant told CNN Business. "This is a culmination of a 20 year strategy of the NFL adding partners in an incremental way that validates the traditional, established networks it works with while bringing in new distribution partners."
Fans in local markets will still be able to watch their teams the old fashioned way on TV.
CBS
CBS will keep its rights for all American Football Conference games, which includes teams like the New England Patriots, Kansas City Chiefs and Baltimore Ravens. All games will air on CBS and stream on Paramount+.
The NFL said that CBS is the league's "longest-running media partner having first begun televising NFL games in 1956."
ESPN/ABC
"Monday Night Football" will stay on cable, with ESPN airing the game. Notably, Disney's other network, ABC, nabbed the right to televise two Super Bowls.
The new agreement also allows the networks to simulcast games on ESPN+, Disney's sports-focused streaming service that pairs with Disney+ and Hulu.
Fox
Fox will keep its broadcasts of its National Football Conference games, which includes teams like the Green Bay Packers, Dallas Cowboys and New York Giants. Fox has been partnering with the NFL since 1994.
NBC
NBC will keep "Sunday Night Football," the top-rated show in primetime TV. NBCUniversal's new streaming service, Peacock, will simulcast Sunday Football games and "deliver an exclusive feed of a select number of NFL games" throughout the deal, according to the NFL.
NBC and the NFL has partnered for the league's Sunday night showcase since 2006.
NFL Network
The league said Thursday that NFL Network will "continue to televise a select schedule of exclusive NFL games on a yearly basis."
Away from the league's shift into streaming more games, another aspect of the deal sticks out: the length.
Jay Rosenstein, a former VP of programming at CBS Sports, told CNN Business that the length of the deal is interesting because "none of the people who made the deal will likely be around when it ends."
"The level of security for the people who made this deal — those at the NFL and at the networks — is incredible," Rosenstein said. "The league and TV executives don't have to worry about the evolving and disruptive marketplace until 2033."