Fox CEO Lachlan Murdoch Says Network Won't Redo NFL Deal Until After 2029-30 Opt-Out
Murdoch said Fox will make no amendments to its NFL rights pact, leaving the deal unchanged through the 2029 season.
- On Thursday, Chief Executive Officer Lachlan Murdoch announced Fox will not amend its current NFL media rights deal, maintaining the agreement through the 2029 season and surprising investors.
- The NFL previously signaled interest in reopening contracts to match market levels, having baked an 11-year opt-out clause into agreements for potential cost adjustments before the 2030 season.
- NFL Commissioner Roger Goodell stated last year that league rights were undervalued, and the league held preliminary discussions with CBS-parent Paramount Skydance about reworking deals.
- Murdoch said Fox "will not be making any amendments" to its existing relationship, planning to engage the league on opt-out seasons at a date closer to 2030.
- The NFL cannot exercise an opt-out on the Disney deal for "Monday Night Football" until after 2030, while the league maintains flexibility to add partners like YouTube and Netflix.
11 Articles
11 Articles
Lachlan Murdoch Says Fox Won’t Amend Existing NFL Contract Early, Sticking To “Customary Timetable”
Lachlan Murdoch said Fox doesn’t anticipate changes to its contractual terms with the NFL until closer to the 2030 season. “We will not be making any amendments to our existing contractual relationship, which extends to the completion of the 2029 season. We’ll be ready to engage with the NFL on the opt-out seasons and beyond at a day closer to the 2030 season, which has been the customary timetable,” he told investors on a call after earnings. …
Fox CEO Lachlan Murdoch says network won't redo NFL deal until after 2029-30 opt-out
Credit: Jeff Hanisch-USA TODAY SportsFox Corporation CEO Lachlan Murdoch broke some major news during his company’s quarterly earnings call on Thursday morning. After about a year of speculation that the NFL and its incumbent broadcast partners would engage in talks to renegotiate media rights deals several years prior to the league’s opt-out options at the end of the decade, with the upshot being that the NFL would earn more money from its broa…
Fox Appears to Block NFL’s Effort to Re-Do Massive Rights Deal
Did Lachlan Murdoch just tackle the NFL? The Fox CEO on Thursday surprised investors by announcing that Fox’s current deal with the National Football League would remain as is through its end after the 2029 season, despite the league’s recent interest in using an “opt-out” clause baked into the 11-year pacts it struck with all […]
Coverage Details
Bias Distribution
- 67% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
