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NFL, CBS Near New $3B Broadcast Deal

The NFL is reportedly negotiating a new media deal with Paramount Global that could see CBS pay more than $3 billion annually to keep its Sunday afternoon broadcast package. The proposed agreement would extend CBS’s rights through the 2033-34 season and remove an opt-out clause after 2029. If finalized, the deal would represent roughly a 50% increase over CBS’s current $2.1 billion yearly payment.