cheap Sapp Jersey 99 nine-year extensions of network TV deals

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 15, 2011 --

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Owners at their Dallas meeting also approved creating a new league-run venture capital fund, totaling about $32M of potential investment, also first reported in SportsBusiness Journal. The owners also unanimously approved the sale of the Jaguars to Shahid Khan.The deal includes many components of TV Everywhere, which allows fans to watch games on most devices, including tablets (but excluding mobile phones) starting in '14.

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NFL owners formally voted to approve nine-year extensions of their TV agreements with CBS, Fox and NBC through '22. The collective increase for the three networks is 7% per year throughout the deal, sources said.SportsBusiness Journal first reported the new deals last week. Each of the deals average more than $1B per year, an increase of approximately 60% over the previous deals. The vote guarantees that the NFL will remain on broadcast TV well into the next decade.

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The deal also allows for what the NFL is calling "flexible scheduling" for its Sunday afternoon broadcasters. CBS will broadcast some games from the NFC, and Fox will broadcast some games from the AFC.Starting next year, NBC gets the Thanksgiving night game that had been on NFL Network. NFL Network will expand its package of Thursday night games. It is not known how many games will be added to that package. NBC exchanged one of its wild card playoff games for a divisional playoff game. It is likely that ESPN will wind up with that wild card game.

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