Small Business Resources, Business Advice and Forms from AllBusiness.com
 

NBC, ESPN Snap Up NFL Packages

By John Consoli
Publication: Adweek
Date: Tuesday, April 19 2005
NEW YORK The National Football League has ended speculation about the fate of its Sunday night and Monday night television rights.

In an eight-year, $1.1 billion deal, ESPN will carry Monday Night Football beginning with the start of the 2006 season, and NBC will carry Sunday Night Football in a six-year deal valued at $600 million per year.

The only package left to negotiate rights for is the new Thursday-Saturday package, which is up for grabs by any of the networks, including Turner, and the NFL's own NFL Network.

In order to move its television coverage from the current Sunday night package to Monday, ESPN was asked to pony up $500 million a year more than it is now paying for Sunday night TV rights, and also $550 million more than sister broadcast network ABC is currently paying for Monday night rights. There was speculation that ABC might want to swap nights with ESPN, and take the Sunday night games, but the cost that the NFL was seeking for the combined packages was too rich for ESPN/ABC parent Walt Disney Co.

ESPN, under the new deal, which runs from 2006 through 2013, will be paying about the same amount in rights fees annually that ESPN and ABC are now paying combined. ABC decided to pass.

With ESPN paying the huge amount for the Monday night cable rights, the NFL was able to give NBC the Sunday night broadcast rights for close to the same amount ABC is now paying for the Monday night broadcast rights.

As part of its deal, NBC has also agreed to air a one-hour pre-game show. The pre-game show will air from 7 p.m. to 8 p.m., with the kickoff of the game being at 8:15 p.m. And NBC gets to telecast two Super Bowls. ESPN will not air a Super Bowl as part of its deal.

Monday Night Football will conclude its 36-year run on ABC this December at the end of the upcoming regular NFL season.

The new ESPN agreement calls for 17 regular Monday night games per season with a new 8:30 p.m. telecast time and an 8:40 p.m. kickoff, plus four pre-season games. It also includes rights across a wide variety of ESPN TV holdings, including the NFL PrimeTime pre-game program; the NFL Draft, which ESPN has covered since 1980; NFL Live; NFL HD; NFL Deportes; NFL Films programming; ESPN Mobile; video games; and other platforms.

Walt Disney president and COO Bob Iger, who negotiated the deal, said, "Securing an American television institution well into the future will strengthen our core sports asset."

Iger added that despite the hefty price tag of $1.1 billion annually—ESPN and ABC are reportedly losing a combined $350 million under their current rights contracts—Disney "will continue

In addition, make sure to read these articles:

  • 20th Century Fox to Distribute 'Night Watch' and...
  • LOS ANGELES -- Historic Pact Between Fox and Russia's Biggest Film and TV Studio Also to Include a Third, Major English-Language production Twentieth Century Fox ......
  • Fans will Enjoy a STATS, Inc. Flavor with...
  • MORTON GROVE, Ill. -- STATS, Inc., the world's leading sports information provider, announced today that CBS Sports has extended its agreement to incorporate the company's ......
  • CBS Sports To Use STATS, Inc.'s Renowned...
  • Sports Editors/NFL Football Writers & Columnists MORTON GROVE, Ill.--(BUSINESS WIRE)--Oct. 15, 2002 STATS, Inc., the world's leading sports information provider, announced today that CBS Sports ......
  • Atlas uses Internet for travel fares
  • Atlas World Travel has launched Web Airfare, which searches websites for Internet fares and enables, its travel agents to compare those prices with all other ......
  • Orbitz Files Comments Before the Department...
  • Business Editors/Hi-Tech Writers WASHINGTON--(BUSINESS WIRE)--Sept. 22, 2000 Orbitz filed comments today calling on the Department of Transportation to strengthen regulations against anti-competitive abuses of Computer ......
  • Orbitz Applauds New Study Documenting the Cost...
  • Business Editors/Hi-Tech Writers CHICAGO--(BUSINESS WIRE)--Jan. 29, 2001 The Progressive Policy Institute's new study, "Revenge of the Disintermediated," has made an important contribution to understanding how ......
  • Orbitz Selects Sears Executive John Park as...
  • Business Editors/Hi-Tech Writers CHICAGO--(BUSINESS WIRE)--Oct. 9, 2000 Orbitz (www.orbitz.com), the travel web site founded by American, Continental, Delta, Northwest and United airlines, today announced the ......
  • Orbitz Applauds Consumer Reports' Study of...
  • Business Editors/Hi-Tech Writers CHICAGO--(BUSINESS WIRE)--Oct. 6, 2000 Applauding Consumer Reports' call for full and honest disclosure of airfare prices by online travel agencies, Orbitz President ......
  • Study finds Orbitz online marketplace will...
  • AIRLINE INDUSTRY INFORMATION-(C)1997-2001 M2 COMMUNICATIONS LTD A new report from MIT Professor of Economics Jerry Hausman has found that the US Internet-based airline joint venture ......
  • Orbitz Launches Hotel Merchant Model Program
  • Orbitz today launched a new hotel merchant program, as Expedia added Six Continents to its hotel merchant model fold. The companies are seeking to bulk ......
  • David Green In Orbitz
  • Chicago — Online travel agency Orbitz has launched a free meetings venue-sourcing service for its corporate customers in partnership with the site-selection firm David Green ......
  • Orbitz Posts Breaking Travel News Online to Assist...
  • Business/Travel Editors CHICAGO--(BUSINESS WIRE)--Sept. 14, 2001 In an effort to help the traveling public keep abreast of the changing travel environment, Orbitz (www.orbitz.com) is providing ......
  • Worldspan Agreement Limits Orbitz's GDS Plan
  • Orbitz is lining up to provide agencies with airline reservations connectivity, similar to what they get from global distribution system providers, pending changes in the ......
  • Spa Finder and Orbitz Celebrate Partnership With...
  • Business/Travel Editors CHICAGO and NEW YORK--(BUSINESS WIRE)--Oct. 1, 2002 Spa Finder, the leading spa travel and media company, and Orbitz, the travel website with the ......
  • Orbitz Suffers Legal Setback After Untangling...
  • Orbitz Inc. promised to appeal yesterday's preliminary injunction against its plan to terminate a partnership with Travelweb, issued by an Illinois court. Orbitz, which called ......