BREAKING: NFL reaches deal with CBS and NBC for Thursday Night Football; fees for Thursday night rights will be roughly $450M – Dow Jones
— CNBC Now (@CNBCnow) February 1, 2016
More BIG MONEY for the NFL.
They increased the Thursday Night Package from $300 million to $450 million.
It will be joint coverage from NBC & CBS.
Both CBS and NBC will broadcast five Thursday Night Football games, growing the package to 10 broadcast games in 2016 and 2017 from eight in 2014 and 2015. All Thursday Night Football broadcast games will continue to be simulcast on NFL Network. NFL Network will also exclusively televise an eight-game schedule of regular season games comprised of Thursday Night Football, late-season games on Saturday, and additional games to be determined.
Both CBS and NBC will produce Thursday Night Football with their lead broadcasters and production teams, and both will contribute to the production of Thursday Night Football exclusively on NFL Network. CBS and NFL Network will televise the first half of the Thursday Night Football schedule with NBC and NFL Network televising the second half.