PGA TOUR Inks Deal Through 2030 With CBS, NBC, ESPN ; Production, Tech Brought In-House CBS and NBC to use their own production, announce teams as PGA looks to create more production efficiency By Ken Kerschbaumer, Editorial Director Monday, March 9, 2020 - 8:22 am
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Golf fans will continue to tune into CBS and NBC. Marking the culmination of a long-term strategic-planning process designed to best serve fans through traditional broadcast, over-the-top streaming (OTT) and emerging technologies, the PGA TOUR today announced its new nine-year domestic-media-rights portfolio for 2022-30.
PGA TOUR Commissioner Jay Monahan says the PGA is now able to reinvest in its sport in a way never before possible, including production, personnel, and technology.
Following a comprehensive process of studying the market, talking to all interested parties, and analyzing our various options, we're excited to announce that we have entered into new agreements with our existing partners ViacomCBS and Comcast/NBC Sports Group, while establishing a new long-term relationship with Disney and ESPN , said PGA TOUR Commissioner Jay Monahan. We are excited that our current partners shared our vision for the future, and we are equally excited to be back in business with Disney and ESPN . These new deals will be a major win for our fans, bringing an elevated commitment from all three partners to help us expand and innovate our content and its delivery.
Financial details were not disclosed, but a report in the New York Times, referencing four people familiar with the negotiations, says the value of the rights increased 60% and ESPN will pay $75 million annually. The length of the deals also ensures that traditional TV networks are committed to being a long-term partner for sports content.
The nine-year deals will put us in a position to significantly increase player earnings, deliver more value to our tournaments and sponsors, and ultimately allow us to continue to grow our charitable footprint, said Monahan. Additionally, we are now able to reinvest in our sport in a way never before possible - including production, personnel, and technology - and are well-positioned to best serve and grow our fanbase in the years to come.
Under another central component of the new agreements, the PGA TOUR will assume responsibility for the onsite production area and technical infrastructure each week, enabling the organization to more efficiently aggregate, distribute, and develop content for its various platforms worldwide. CBS and NBC will still use their respective production and announce teams, led by their producers, directors, and production personnel.
Broadcast and Cable Television
CBS and NBC will maintain weekend coverage of most FedExCup tournaments, with CBS averaging 19 events and NBC eight events each season through the life of the agreements. Under the new schedule, one network will televise all three FedExCup Playoffs events each year, starting with NBC in 2022 and generally alternating with CBS, creating powerful, three-week coverage of the conclusion of the race for the FedExCup.
NBC Sports Group also will continue as PGA TOUR's cable partner, with Golf Channel providing all early-round coverage and early weekend coverage of every FedExCup event each season, along with PGA TOUR Champions and the Korn Ferry Tour. Further strengthening the ties, PGA TOUR and NBC Sports will expand their collaborative content and programming relationship.
Additionally, the organization and its media partners will collaborate on creating more sponsorship and marketing opportunities, inside and outside PGA TOUR golf coverage, including access to the vast resources of ViacomCBS, Comcast/NBC Sports Group, and Disney and ESPN .
We're excited to extend NBC Sports' historic partnership with the PGA TOUR as its foundational media partner, said NBC Sports Group President Pete Bevacqua. We will continue to utilize our extensive platforms to showcase golf with unparalleled live tournament coverage, comprehensive news, and high-quality content. Golf is a part of NBCUniversal's DNA across our broadcast, cable, streaming, and digital properties - nowhere more so than Golf Channel. With more live golf coverage than all other U.S. media companies combined, our relationship with the PGA TOUR also includes THE PLAYERS and Presidents Cup, as well as elevating the PGA TOUR Champions, Korn Ferry TOUR, and LPGA Tour via our world-class coverage.
CBS Sports Chairman Sean McManus noted that extending a long-standing relationship with the PGA TOUR was a top priority.
We are thrilled to add nine more years to this terrific partnership, he said. As the PGA TOUR's primary broadcast network, we are excited to showcase over two-thirds of all broadcast-network coverage of the PGA TOUR, expand our schedule with all three FedExCup Playoffs events in alternate years, and increase our use of PGA TOUR content across all CBS Sports platforms, with even more-expansive content exclusivity. For over 60 years, the PGA TOUR, its tournaments, and sponsors have been outstanding partners. We look forward to many more years of growth and success together.
PGA TOUR LIVE on ESPN
For the first time, PGA TOUR's digital rights were negotiated concurrently with its linear offering and will have a new, direct-to-consumer home: ESPN . As a result of the new agreement, PGA TOUR LIVE subscription video service, launched in 2015, will live exclusively on ESPN beginning in 2022 and will be dramatically expanded to include multiple live-content channels nearly every week of the FedExCup season.
Jimmy Pitaro, president, ESPN/co-chairman, Disney Media Networks, said, We are looking forward to working with the PGA TOUR to bring current and future golf fans the next generation of TOUR cove
