Several new NFL TV deals on track to be complete in early 2021 after major headway made before pandemic

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There is great uncertainty throughout profe sional sports about the exact economic impact the pandemic will have on gro s revenues and team revenues, and the ramifications might not be fully grasped for years. However, the NFL's revenue model provides owners more fail-safes than other leagues given Paul George Jersey the mechanisms within their national television contracts (a suming all games are able to be played, of course).The flurry of big spending and ma sive contract extensions doled out just before the kickoff of Week 1 is further evidence of that. Sources said the league was making Patrick Beverley Jersey significant headway on many of its television deals, which expire after next season, and there is a very strong sense within Park Avenue and among individual owners that multiple groundbreaking TV deals will be finalized by early 2021.If not for the impact of COVID-19 -- both financially but even more so logistically given all of the time, energy and resources that had to be devoted to restarting the league amid the virus outbreak -- these deals would have been completed prior to the start of the season, the sources said. The NFL is very comfortable with its over-the-air broadcast partners, including CBS, the sources said, and the Sunday afternoon packages are not expected to change dramatically (though obviously the price continues to soar).In addition to those contracts, new streaming deals are expected to be completed, and Avery Bradley Jersey Disney is making a significant push to expand the scope of its NFL foothold beyond the current Monday Night Football package, seeking to put games on ABC. Despite the pandemic, and playing games with limited to Louis Williams Jersey no fans for the near future at least, there is a strong sense that within a few years the NFL will be back headed towards its goal of $25 billion in annual revenue. With 10 years of labor peace already secured, the league is only beginning to dabble into the gambling industry, and several teams po sibly pa sing the $3 billion threshold if they get to the market by 2022, the fiscal prognosis for the league remains robust.Even with a cap dip po sible in 2021, and some future cap growth perhaps negated a bit as well (if the league and union opt to " Rodney McGruder Jersey borrow" against future cap to mitigate the decrease next year), numerous owners were willing to reset the market at multiple positions on the eve of the season. became the first $20 million-per-year corner and signed a record extension for a receiver, while became the first $45 million a year NFL player earlier in the summer.

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