The NFL is closing in on record-setting TV contracts that could reshape the 2021 season and reschedule Super Bowl LVI. Once the new deals are signed, big announcements are looming that will shake up the league as we know it.
Contract negotiations between the NFL and its network partners have been ongoing for more than a year. Now, the league is nearing finalized agreements to lock up the broadcasting rights to games for the next decade.
It’s fantastic news for the NFL, especially in a year that saw the league lose nearly $3 billion due to the COVID-19 pandemic. While the financial fallout from this past season will hurt the 2021 salary cap, contracts with the likes of NBC, CBS, Disney and Fox will provide the league with a much brighter and different future.