Television Rights Contracts Bring in Lucrative Revenues for Major Sports Leagues, Business and Industry Trends Analysis

Television rights to NFL games are big business.  After 35 years of airing Monday Night Football, ABC lost the weekly slot, beginning with the 2006 season, to cable sports company ESPN, although the program ultimately remains under its original corporate umbrella since both ABC and ESPN are owned by the Walt Disney Company.  Disney is paying dearly for the privilege. New deals to air NFL games were announced for 2023-33.  Disney’s deal for Monday Night Football on Disney-owned ESPN amounts to $2.55 billion per year.  ESPN’s deal includes the rights to air 500 additional hours of programming and expands ESPN’s…

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