Source: CBS extends Champions League deal for $250M a yr


GENEVA (AP) — The Champions League is staying on CBS within the United States for an extra six years with dad or mum firm Paramount paying $250 million a yr to resume its prime European soccer rights by 2030, an individual acquainted with the deal informed The Associated Press on Friday.

That’s a rise of 250% from the earlier deal, beginning within the 2024-25 season when a brand new competitors format creates a 50% enhance within the variety of video games. The individual spoke on situation of anonymity as a result of the deal has not been introduced by Champions League organizer UEFA.

The present Paramount deal is for $100 million per season for the English language rights for 2021-24.

In May, CBS drew a U.S.-record for a Champions League last broadcast in English with a 2.76 million common viewers for Real Madrid’s 1-0 win over Liverpool.

The Spanish language rights within the U.S. – at the moment held by Univision for about $40 million per season by 2024 – haven’t but been bought, the individual informed the AP.

The six-year deal is uncommon for UEFA and its gross sales division, which generally gives three-year Champions League contracts.

The competitors can be revamped in 2024 with 36 groups as a substitute of the present 32 enjoying in a single league desk as a substitute of conventional four-team teams, earlier than an expanded knockout spherical.

The format change will give Paramount and different rights holders 189 video games per season beginning in 2024 as a substitute of the present 125.

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