The NFL’s $110 Billion Deal Means the Networks Covering the League Are Also Paying It

The NFL does not have a television problem. It has a television partner problem: the companies that show the games are the same companies that cover the league, and they are paying a fortune for the privilege.

A black and white satellite dish and antenna above a tiled rooftop against a black sky
Photo: Juan Pablo / Unsplash

The Deal

In March 2021 the league announced new media-rights agreements running through 2033, starting with the 2023 season. Reports put the total at about $110 billion, and NPR relayed a figure of $113 billion over 11 years from an unnamed source, an 80 percent increase over the previous deals.

Nobody published the contracts, so the per-network numbers are reported estimates. ESPN/ABC sits at the top, at about $2.7 to $2.8 billion a year, with Fox, NBC and CBS each reported at roughly $2 billion or more. Amazon reportedly pays $1.2 billion a year for Thursday Night Football.

What the NFL’s TV partners reportedly pay per year

Reported average annual rights fees, billions of dollars
ESPN/ABC$2.8B
Fox$2.25B
NBC$2.2B
CBS$2.1B
Amazon$1.2B
Deal values were not publicly released; figures are reported estimates. Amazon’s figure is for Thursday Night Football.

The Audience Is Still There

The league is not overpaying for nothing. Super Bowl LIX drew more than 127 million viewers, a record, according to Nielsen. Football is the one thing on television that still brings everyone to the same screen at the same time, and the league knows exactly what that is worth.

Who Is Covering Whom

Here is the part that gets less airtime. ESPN, CBS Sports, Fox Sports and NBC Sports are not independent observers that happen to show football. Each belongs to a company that pays the league billions of dollars a year, and each has a news and studio operation that has to talk about the league’s problems on the air.

That is not a conspiracy. It is a business arrangement, and the viewer deserves to know which side of the table the person on the screen sits on. Every time a broadcast treats a league controversy as a two-minute segment, ask what the company behind it has riding on the relationship.

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