Seeking Alpha

Report: DirecTV close to finalizing NFL Sunday Ticket deal

  • DirecTV (DTV +0.7%) is close to signing a deal with the NFL to extend the Sunday Ticket package, according to Sports Business Daily.
  • The pro football rights will cost the company $1.3B-$1.4B per year over the course of the contract - compared to the average $1B it pays now.
  • The current Sunday Ticket contract expires at the end of the season.
  • The NFL will bring in close to $7B per year in carriage fees next season from carriers CBS, DirecTV, ESPN, Fox, NBC, and Verizon.
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