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Tuesday, April 16, 2024
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Premier League to Announce Record U.S. Broadcasting Deal

  • The Premier League is likely to announce a record-setting U.S. broadcast rights deal.
  • Its current U.S. deal is for $1.1 billion over six years.
Premier League/Design: Alex Brooks

The Premier League is set for a record windfall from its U.S. broadcasting rights, with deal announcements reportedly expected this week.

The league is expected to bring in at least $1.5 billion over six years starting with the 2022-2023 season. A deal of that size would give each of the league’s 20 clubs $39.3 million.

  • The league’s U.S. rights are currently held by Comcast on a six-year deal worth $1.1 billion, which began in 2015. 
  • A report from October floated the possibility of a $3 billion deal over nine years. 
  • Comcast is interested in continuing to broadcast league games but faces likely competition from ESPN, WarnerMedia, and ViacomCBS.

The Premier League re-upped its existing domestic rights deals in May with BT, Sky, BBC, and Amazon to 2025, deals collectively worth around $7 billion

DAZN was in advanced talks on a Premier League-motivated deal to buy BT Sport as of October.

Last month, the Premier League struck a $678,000 deal with Apple, allowing the tech giant to use Premier League footage, logos, and other images in hit AppleTV series “Ted Lasso.”

Total foreign Premier League rights could be worth $6.8 billion from 2022-2025, according to the Daily Mail.

Per another report, Premier League CEO Richard Masters will update the clubs on Thursday about a new pact before publicly announcing any deal.

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