
The NFL wants huge hikes in rights fees from its
partner TV networks in its initial negotiations -- double the price tag of the previous TV deals, according to CNBC.
So far, one TV network is pushing back -- Walt Disney’s ESPN,
which has been paying $1.9 billion a year in a 10-year deal to air “Monday Night Football,” according to estimates. That's much more than other NFL TV network packages.The deal
ends -- as well as with other major TV networks’ NFL packages -- after the 2021 season.
The 100% hike in rights fees over the previous “Monday Night Football” deal
would increase to $3.8 billion a year -- the priciest for any of the NFL TV packages.
ESPN’s current annual rights fee to the NFL has been virtually twice that of other TV
networks.
Fox pays an estimated $1.1 billion a year for NFC conference Sunday afternoon games. Fox also airs “Thursday Night Football, which it shares with NFL Network for much of
the year. That five-year deal ends after the 2022 season.
CBS pays a projected $1 billion a year for the AFC conference Sunday afternoon games, while NBC pays $960 million for
“Sunday Night Football.”
The report says the NFL wants to close its TV deals by mid-March.
NFL regular-season games were down 7% to a
Nielsen-measured 15.4 million viewers in 2020. ESPN’s “Monday Night Football,” which averaged 12.2 million viewers, is down 3% from 2019.
NFL and ESPN
representatives declined to comment.
For the 2020 NFL season, national TV advertising revenues for all NFL TV games climbed 16% to $5.2 billion from $4.5 billion in 2019, according to
iSpot.tv.