ESPN, College Football Playoff Agree to Six-Year Deal Worth $7.8 Billion

Last Updated on March 19, 2024

Update as of 3/19/24: After initial reports of the deal were denied in February, the new agreement was officially announced on March 19th, 2024.

ESPN will be the home of the College Football Playoff at least through the 2031 playoff. The CFP, ESPN and all 10 FBS conferences have agreed on a six-year, $7.8 billion expansion deal, an average of $1.3 billion annually.

Two years remain on ESPN and the CFP’s current deal that includes the semifinal rounds and the four other New Year’s Six (NY6) games. The current contract is worth about $608 million per year, a figure soon to be dwarfed by the $1.3 billion per year offered by the new deal.

ESPN holds the rights to the new set of first-round games to be held at on-campus sites for the final two years of the current deal, through the 2025-26 season. It is not known what the fee for those first-round games will be. The NY6 Bowls will become the quarterfinals in the newly expanded format.

Following the NCAA’s 8-year, $920 million deal with ESPN signed in January, the network now has rights to 40 championships, including women’s basketball. Starting in December, ESPN will have the television rights to nearly all DI college championships. That excludes the men’s basketball tournament that airs on CBS and TNT.

Current College Sports Television Contracts

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