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PGA Tour Inks Nine Year TV Contracts with CBS and NBC
Published: September 2, 2011
Today PGA Tour commissioner Tim Finchem, CBS Sports chairman Sean McManus and NBC Sports Group chairman Mark Lazarus announced that they have signed agreements that extend to 2021.
“This effectively, with the last year of our current agreement next year, means that our television rights are secured and our broadcast partnerships are secured for the next 10 years,” Finchem said. “We wanted to continue with these two broadcast partners because in both the cases of CBS and NBC, they have become exceptional partners in all areas and has resulted in more value to them, more value to our players."
CBS will broadcast approximately 20 events a year, a total of 130 hours of live weekend coverage. NBC will continue to broadcast around 10 events a year with more than 75 hours of live coverage.
“For over 50 years, golf, in particular the PGA Tour, has been a really, really important part of CBS Sports. It's part of our heritage,” Sean McManus said. “We produce, I believe it's over 150 hours a year of golf programming, not just the PGA Tour, but of course the first major of the year, the Masters, and the last major of the year, the PGA Championship, so golf is really, really important to us.”
McManus mentioned the parallel to recent deals with the PGA Championship, the NCAA Men's Basketball Championship and SEC football that were also long-term deals.
“We're thrilled, as well, to extend for nine more years and to be in business for the next decade,” Mark Lazarus said. “The NBC Sports Group is obviously very bullish on the sport of golf and the PGA Tour with this extension for the NBC Television Network on behalf of our affiliate stations and their constituents and with the work we do and the long-term arrangement we have wi...
Article Source: Bleacher Report - Golf
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