NBC secures US TV rights to Olympics from 2021 to 2032

FILE - In this file photo dated Thursday, Feb. 20, 2014, a skier passes by the Olympic rings at the 2014 Winter Olympics. (AP Photo/Felipe Dana, FILE)
FILE - In this file photo dated Thursday, Feb. 20, 2014, a skier passes by the Olympic rings at the 2014 Winter Olympics. (AP Photo/Felipe Dana, FILE)

LAUSANNE, Switzerland (AP) — NBC has secured the U.S. broadcast rights to the Olympics through 2032 in a record six-games deal worth $7.65 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.”

 

KSN.com provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language, racial slurs or consistent name calling will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

blog comments powered by Disqus