NFL signs new $110 Billion deal with Networks and Amazon

wow the TV is here early. Christmas for the owners in march lol..They should go ahead and up the cap NOW for 2021

Denim Chicken said:

Further evidence that Dak's cap number will not stop this team from building around him.

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You're right. This is why I was hoping it was a 5 or 6 year deal. This is a unique situation and opportunity. However, with the method the Cowboys use to build a team, I'm not confident. People will blame paying Dak on any failure to succeed in the future, but the truth is we'd probably fail anyway.

The Cowboys build their team exclusively through the draft. Pay their own players and fill gaps with free agents. I'm not saying this is bad, it has its place, but you can't strictly use this method regardless of the situation. For example, after the 2016 season the Cowboys should have been aggressively trying to get to the next level. They didn't. The off season was business as usual.

Bobhaze said:

One other thing that helped the NFL in its negotiations was the massive drop in the old school TV network programming apart from live sports. The audience for regular programming on CBS, NBC, and ABC has shrunk massively.

In other words, the old school networks see live sports and the advertising it generates as their only lifeline to long term survival. They were willing to pony up to keep sports fans on their platforms. The alternatives for them were dire.

It’s certainly a big deal for NFL owners as usual. I’m curious to see how this works out for NFL fans.

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my guess it means to fans will be paying for it in addition to what we already do. AS USUAL.

Diehardblues said:

Interesting how the decline in viewership helped the leagues negotiations as they distanced themselves from other live sports and network programming increasing their value to the networks.

They also added additional games being broadcast with ESPN sharing double headers with ABC on Monday nights.

And with the league expected to add a 17th regular season game in addition to their added playoff games with a 7th team in each conference.

Looks like the league not only recovered from this little set back but has set a course on record revenue in the next decade.
Well done Roger Goodell!!

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Yep. Although NFL ratings were down around 8%, overall television viewing was down 18% last year so the league is still the benchmark of American television.

They also know that increased access to betting will drive higher ratings as that model is refined in the future.

Interestingly enough they still don’t have a good metric on how to measure sports bar, restaurant and casino viewing and they know those numbers are pretty big so the NFL is still and will continue to be king of the world.

DandyDon1722 said:

Yep. Although NFL ratings were down around 8%, overall television viewing was down 18% last year so the league is still the benchmark of American television.

They also know that increased access to betting will drive higher ratings as that model is refined in the future.

Interestingly enough they still don’t have a good metric on how to measure sports bar, restaurant and casino viewing and they know those numbers are pretty big so the NFL is still and will continue to be king of the world.

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The NFL is nothing outside the US LOL

Diehardblues said:

After the pandemic resulted in a major financial hit for the NFL, the league announced new TV deals with ESPN/ABC, FOX, NBC and Amazon. The new contracts will run through the 2033 season, with the networks paying roughly a combined $110 billion, per the Sports Business Journal.

As part of the deal, Amazon’s streaming service will be the exclusive home of Thursday Night Football, marking the first time in history that the NFL signs a contract with a provider that will exclusively broadcast over-the-top. The deal takes effect for the 2022 campaign. The NFL Network will also air select Thursday matchups throughout the season.

ESPN’s Monday Night Football broadcasts will also be different, beginning with the 2023 season. There will be six Monday doubleheaders each season, with the early game on ESPN followed by the late matchup on ABC.

Amazon’s deal will begin in 2022, while ESPN/ABC, NBC, FOX and CBS’s new packages start in 2023.

The NFL’s current deals brought in a combined $5.9 billion per season. The new contracts will bring in roughly $10 billion a year, meaning we should see a big jump in the salary cap moving forward. This will provide NFL teams with some much-needed flexibility after the cap dropped by roughly 8 percent for next season.

Full story below..
https://www.msn.com/en-us/sports/nf...th-espn-abc-fox-nbc-andamp-amazon/ar-BB1eJC0J

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When there was rumors of the NFL signing contracts to have games exclusively on a streaming service I read an business article that talked to some execs from big businesses and where as they didn't think the NFL would do it, they have. But they also said that if they do sign those contracts it will be a big gain initially but could very well turn into a bad situation. The writer of the article pointed out when MNF started on ABC it was the first weekly game on prime time TV and the viewership went through the roof. Then a few years later they switched it to a company they owned, ESPN, and the viewership numbers dropped and kept dropping year after year. The NFL saw this and instead of continuing to put really good matchups on MNF the games started to be more and more of the who cares matchups and the viewership finally level off but not until there was about half of what watched MNF when it was on ABC. Those in the services that monitor viewership that studied this decided that the biggest reason for the drop initially was because people had to spend money to watch NFL games where as before all they needed was an antenna to watch NFL games. Until this new contract if a team was playing on a pay service it allowed a team's local station to air the game and the fans said as long as they can see their team play they weren't going pay to watch other teams. Now there will be two weekly games that require fans to pay for some service to watch games. Until last season NFL games available on the regular networks were always the most watched programs of the week, but last year there were a couple games that had less viewers than a couple of non-sport shows. After seeing viewership numbers drop the past coupe of years to again make another weekly game that can only be watched on a pay service in the long run may not be a smart move. The big businesses that pay for ad time on NFL games watch those viewership numbers and if they go down they will spend less and buy ad time for other shows. When whoever is airing the games has a loss from selling ad time it will cause the parent company Amazon to have to kick in to help. If the NFL was going to dive into the streaming market most thought that a much shorter contract to try and see how it goes over. If I could find that article again I would post the link for all to read. Like I said they were wrong about the NFL actually signing that contract, but what may happen in the long run we'll have to wait and see if they were right.
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Diehardblues said:

I’m not sure what the financial implication is from ticket sales but they dropped from 17 million to only 1 million tickets sold .

And there has to be collateral damage associated with loss of parking, concession and merchandise related revenue . Not to mention Stadium sponsorship .

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Average ticket price is $104 so 16 million times $104 = $1.664 million. I don't know if that includes playoffs and Super Bowl. But those will not account for over $2 billion in revenues.

Creeper said:

Average ticket price is $104 so 16 million times $104 = $1.664 million. I don't know if that includes playoffs and Super Bowl. But those will not account for over $2 billion in revenues.

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Actually $104 x 16 million = 1.6 billion not 1.6 million.

And that doesn’t include sky boxes, parking, merchandise and stadium sponsorship.

mattjames2010 said:

The NFL is nothing outside the US LOL

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As my father used to say you look but you don’t see...I said

“...American television.”

LOL

mattjames2010 said:

The average rate in the NFL for a player now is close to 900k. That's more than the average person makes in a lifetime.

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I would think the average person makes considerably more than that, in a lifetime. If I retire at 65 yrs old, I will have been in the work force for literally 50 years. 900K/50= 18K/yr or poverty level. Just making an average income, & working for 35-40 years, most people will gross over a million dollars in their lifetime.

Rayman70 said:

wow the TV is here early. Christmas for the owners in march lol..They should go ahead and up the cap NOW for 2021

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Congratulations I hope you love your new TV. I just purchased one myself. 50 in. foot Sony Bravia 950. I didn’t want OLED. The picture is absolutely amazing

RD21 said:

I would think the average person makes considerably more than that, in a lifetime. If I retire at 65 yrs old, I will have been in the work force for literally 50 years. 900K/50= 18K/yr or poverty level. Just making an average income, & working for 35-40 years, most people will gross over a million dollars in their lifetime.

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$100,000 a year 10 years million dollars. Not counting taxes. $50,000 a year in 20 years $1 million. You are absolutely correct in a lifetime you should make over $1 million. I just retired along with my wife this summer. We were smart enough not to use our 401(k)s to buy a new car or anything. Life is good my cowboy brother

Diehardblues said:

Actually $104 x 16 million = 1.6 billion not 1.6 million.

And that doesn’t include sky boxes, parking, merchandise and stadium sponsorship.

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I still can’t comprehend all people think tickets it’s all players get paid. It’s beer TV revenue

DakPresgoat said:

I would imagine concessions, parking, etc. ticket sales are just one piece of the pie when it comes to revenue from people physically going to the games.


Think about how much money a 70,000 person stadium makes just on selling food and beer.

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That's exactly right. If a ticket was $100, I'd never think I was only going to spend $100 to go see the game. 2 or 3 times that amount is entirely possible.

Whirlwin said:

$100,000 a year 10 years million dollars. Not counting taxes. $50,000 a year in 20 years $1 million. You are absolutely correct in a lifetime you should make over $1 million. I just retired along with my wife this summer. We were smart enough not to use our 401(k)s to buy a new car or anything. Life is good my cowboy brother

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Awesome. Congrats..! At 50, I'm looking at another 5-10yrs before I transition to semi-retired.

mattjames2010 said:

The average rate in the NFL for a player now is close to 900k. That's more than the average person makes in a lifetime.

But either way, we are discussing the millionaires here that hold out because they believe they are worth millions more. It is greed and there is no getting around this.

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Greed and ambition is the foundation for a Capitalist society. We don’t seem to take issue with Billionaire’s making billions more why do we take issue with Millionaires wanting more? It’s all relative.

And it’s interesting how we take issue with athletes and not artist and actors who make millions performing on their stage as well. These aren’t just ball players anymore. These are athletic entertainers playing a sport on national TV in prime time.

It’s unfortunate more Americans aren’t in a position to negotiate their salaries but much like these players who were in the top 10 of their field coming out of college, most graduates near the top of their class were in a position to dictate and make demands negotiating their value and market price.

And the average wage in America is over $50,000 which for an average working lifetime of 40-45 years assuming retired around 65 years old would currently be about 2 million. That’s the average .

There’s some areas of the country where it’s much higher closer to $ 90-100,000 a year which computes to about 4-5 million in a lifetime.

So, when you calculate that in the NFL an average career is less than 5years and the average salary is about $900,000 the comparisons are actually more similar than you’d think because most of these athletes never earn that level of income again in their lives.

DandyDon1722 said:

Yep. Although NFL ratings were down around 8%, overall television viewing was down 18% last year so the league is still the benchmark of American television.

They also know that increased access to betting will drive higher ratings as that model is refined in the future.

Interestingly enough they still don’t have a good metric on how to measure sports bar, restaurant and casino viewing and they know those numbers are pretty big so the NFL is still and will continue to be king of the world.

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Yep. Amazing how the NFL even with declining TV viewership overall distanced themselves against other network programming and live sports.

In a time when the leagues controversial stances on social issues of the day distanced a segment of fans their value grew overall with the networks.

It must be very disenchanting for that segment of fans certain their displeasure and rebellion would make an impact. I don’t have the words to express how gratifying this all is.

Roger Goodell and the NFL definitely deserve more accolades for their stances on the issues that a segment of fans became disgruntled over.

And their objection to the league and it’s players using their stage to promote their ideas. While it had some effect on TV viewership in the end had little if any effect on negotiations for a more lucrative TV deal.

Well done Roger and the NFL. You were on the right side of history. And I’m proud to have aligned with your stance on these issues.

RD21 said:

I would think the average person makes considerably more than that, in a lifetime. If I retire at 65 yrs old, I will have been in the work force for literally 50 years. 900K/50= 18K/yr or poverty level. Just making an average income, & working for 35-40 years, most people will gross over a million dollars in their lifetime.

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Yep

According to this site the average income in a America is over $50,000 grand a year which if worked 40 years at that income level equates to $2 million.

https://policyadvice.net/insurance/insights/average-american-income/

RD21 said:

Awesome. Congrats..! At 50, I'm looking at another 5-10yrs before I transition to semi-retired.

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66. A lot of seasons a lot of football. During those years