NFL Extends CBS, Fox Broadcast Rights for $8 Bln

[WizardOfAz]

The National Football League on Monday said it will extend broadcast rights for television networks CBS and FOX to air Sunday afternoon football games through 2011 in deals worth a combined $8 billion.

The league also extended its agreement with DirecTV Group Inc. for the satellite broadcaster's NFL Sunday Ticket package in a five-year, $3.5 billion deal.

Each broadcast network will televise two Super Bowls during the term of the contracts.

CBS has broadcast American Football Conference games since 1998 and FOX has held the National Football Conference deal since 1994. Both networks' current contracts with the NFL were set to expire in 2005.

http://news.yahoo.com/news?tmpl=story&u=/nm/20041109/tv_nm/media_cbs_dc_4

 

[Evil Ash]

I'm curious as to how much this will affect the salary cap for next year

 

[azdad1978]

Damn I wonder how much the salary cap will increase next year.

 

[Capital Card]

Damn I wonder how much the salary cap will increase next year.

The new deal shouldn't have any affect on next years cap. The current deal runs through the 2007 season. This extension just adds an additional 4 years to the current one at a cost to the networks of $8,000,000,000.

Next years cap will still increase, but that increase is based on a formula that includes next years allocation of the current network deal, ticket revenue, and merchandise sales.

Go Cards!!!

 

[WizardOfAz]

Look at how big those Direct TV numbers are getting too.

 

[azdad1978]

The new deal shouldn't have any affect on next years cap. The current deal runs through the 2007 season. This extension just adds an additional 4 years to the current one at a cost to the networks of $8,000,000,000.

Next years cap will still increase, but that increase is based on a formula that includes next years allocation of the current network deal, ticket revenue, and merchandise sales.

Go Cards!!!

Oic thanks for clarifying Capital Card

 

[JeffGollin]

I am so happy that the contract with DirecTV was extended.

I was nervous that my investment of all that money in DirecTV equipment, would go for naught, and that I'd have a lot to explain to Mrs. (Dr.) G.

 

[Shane]

I am so happy that the contract with DirecTV was extended.

I was nervous that my investment of all that money in DirecTV equipment, would go for naught, and that I'd have a lot to explain to Mrs. (Dr.) G.

are you serious Jeff? did you actually have to pay for the equipment? How long have you had it?

 

[john h]

The new deal shouldn't have any affect on next years cap. The current deal runs through the 2007 season. This extension just adds an additional 4 years to the current one at a cost to the networks of $8,000,000,000.

Next years cap will still increase, but that increase is based on a formula that includes next years allocation of the current network deal, ticket revenue, and merchandise sales.

Go Cards!!!

The biggie is how will the Bidwills use this money?

 

[azdad1978]

The biggie is how will the Bidwills use this money?

The Bidwills will be loaded once the new stadium opens up and now this new TV deal. Hopefully we can use all this money field a championship team or do what the Patsies did sign good cheap players then draft good for years to come.

 

[CardsRep03]

I am so happy that the contract with DirecTV was extended.

I was nervous that my investment of all that money in DirecTV equipment, would go for naught, and that I'd have a lot to explain to Mrs. (Dr.) G.

Actually it sucks. It's borderline monopoly...actually, it probably is a monopoly. You can get HBO on any cable or satellite company in America but, guess what, you can only get Sunday Ticket ONE place, DirecTV. But they're paying handsomely for it. Cable is just too cheap to pay for the Sunday Ticket.

The thing is there is one DirecTV and like 10 cable companies all keeping their profits seperate from one another. If all the cable companies joined together they'd be stronger, challenge DirecTV for the Sunday Ticket, and make more money. Actually, I like cable. Their extra packages--adding HBO for example--is cheaper than satellite. And cable will give you more incentives to come back to cable. But satellite has ONE thing that I want--Sunday Ticket. I have told the local cable company this and they always tell me, "Oh, we're working on getting that next year". Next year always comes and passes them by. Like it did with this latest agreement.

 

[JeffGollin]

are you serious Jeff? did you actually have to pay for the equipment? How long have you had it?
Going back 4 - 5 years ago when DirecTV was in its infancy, I had to shell out around one grand for one receiver and a dish. (I did it "to watch the Cardinals.")

Times have changed. Just last week, I clicked on the DirecTV website, ordered an additional receiver with TIVO unit for $99 and a dude came out 3 days later and installed it.

(No doubt, if I was a new signee, they might have given me free equipment in exchange for signing up for Total Choice, HBO etc. But, since I already had most of that, there was no special promotion I knew of).