NBC retains Premier League TV rights with six-year extension

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There was a time, a decade ago, when watching the English Premier League in the United States was very difficult. The TV deal was split between a few entities, including ESPN and FOX Sports. In 2013, that all changed when NBC took over all TV rights for the elite.

Today, it was announced that NBC has been successful in fighting these groups, as well as CBS Sports, to retain the television rights until 2028.

The first deal was valued at $ 250 million over three years. At the time, this was considered a risk given that the sport’s popularity, as it grew, was eclipsed by the “big four” professional leagues in North America. With this deal now in the range of $ 2 billion over six years, it’s safe to say that NBC thinks the investment is worth it.

NBC’s coverage has been largely good, although their launch of the Peacock streaming service certainly angered fans given the app’s awkwardness and initial confusion over what level of subscription someone needed. In some ways, it was worse than NBC’s original offering, NBC Gold, where every game could be watched and live stats were available if one chose to watch them.

NBC Sports Network will also close at the end of the year and USA Network will become the mothership for EPL coverage. Expect to always see matches on any number of channels owned by NBC Universal, especially Championship Sunday. For now, that means each club will earn an additional $ 9 million a year in TV revenue and reports of a possible split-network TV deal are officially dead. The Premier League seems happy to be staying with NBC (the money certainly helps) and these clubs are only getting richer.

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