TribLIVE

| AandE


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

NBC extends Olympic deal through 2032 for $7.75B

Daily Photo Galleries

More A and E Photo Galleries

By The Associated Press
Wednesday, May 7, 2014, 1:06 p.m.
 

LAUSANNE, Switzerland — NBC has secured the U.S. broadcast rights to the Olympics through 2032 in a record six-games deal worth $7.75 billion.

NBC already holds the rights through the 2020 Olympics in a four-games deal signed in 2011 for $4.38 billion.

The latest deal was announced Wednesday after secret negotiations between the IOC and NBC. There was no auction or open bidding this time, with only NBC making an offer.

The negotiations were led by International Olympic Committee President Thomas Bach.

Bach says “this agreement is excellent news for the entire Olympic Movement as it helps to ensure its financial security in the long term.”

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Stories

  1. Pirates’ outfield may have few defensive peers
  2. Penguins slip past Sharks, 3-2, in shootout
  3. Sex-soaked culture faulted for fraternity house parties
  4. Hempfield infant fights rare disease
  5. NFL coaches weigh in on Polamalu’s legacy
  6. Penguins’ Letang leaves hospital, ‘day-to-day’ with concussion
  7. Penguins notebook: Five defensemen dress against San Jose
  8. Researchers uncover details to help get GOP candidates elected
  9. McKeesport Area teacher among winners at group’s inaugural Champions of Learning awards dinner
  10. Pirates notebook: Decker leaves game with calf injury
  11. New Kensington resident looks to transform city