Monday, December 23, 2024

special series from The Verge

Share

Streaming live TV at home should be plain.

But depending on the sport, you can sign up (and pay handsomely) for many different services to keep up.

There are scarce leagues like Major League Soccer that can be watched on one channel. (In the US, you can watch every game live on Apple TV with an MLS Season Pass.) However, keeping up with most sports is a lot like, say, tennis, where the rights to the four major tournaments are spread across several different platforms.

Overall, while major streaming platforms go hand-in-hand with legacy broadcast companies going digital, the highly sought-after rights have positioned leagues to make huge money. The negative impact on viewers is that many professional sports are now available “exclusively” in many different places.

Basically, watching sports has never been easier. And it has never been more hard.

In the United States, most NFL games can be streamed live via Sunday Ticket, which costs $349 for a full season and also requires a YouTube TV subscription for $72.99 per month. For six months of football ($437.94), from Week 1 through Super Bowl Sunday, that’s a total of $786.94.

However, this is not every match. All Friday Night Football games, the Black Friday game, and one wild-card playoff game will be available exclusively on Amazon Prime Video ($8.99 per month, which will last for five months, $44.95 total); one exclusive Brazilian regular season game available on Peacock ($7.99/month); ESPN Plus offers one exclusive Monday Night Football game ($10.99 per month); and this year, Netflix is ​​joining the fray with two holiday games ($6.99/month).

If you want to be able to stream every game in the US, your total will be $857.86.

The total cost of broadcasting an entire season of NFL games is $857.86. That breaks down to $349 for a season of Sunday Ticket, six months of YouTube TV for $437.94, $44.95 for five months of Amazon Prime plus a month of Peacock ($7.99), ESPN Plus ($10.99) and Netflix ($6.99) exclusive games during the season

The NBA signed an extraordinary 11-year, $76 billion deal to broadcast games with Disney, Comcast and Amazon starting in the 2025-2026 season. That brings the NBA to just under $7 billion per season, a 2.5-fold boost over the league’s previous annual media rights earnings.

How will things be divided? Well, next season promises to be played every night of the week: there will be double-headers on Peacock on Mondays; Two games are broadcast on Tuesdays on NBC regional affiliates; There are doubleheaders on Wednesday on ESPN; Primetime games will be available on Amazon on Thursday, starting in January after Thursday Night Football ends; On Friday, some games are available on Amazon and sometimes others on ESPN; Saturdays will feature mostly primetime games on ABC, with a few afternoon games on Amazon; and there will be games on NBC on Sunday after the NFL season ends. Have you been following all this?

Currently available is NBA League Pass, a popular streaming service for out-of-market games that allows you to select multiple teams. It is unclear what it will look like next year.

The cost of NBA rights has increased significantly since the behind schedule 21st century. From 2008 to 2015, the value of rights averaged $930 million per season, then increased to $2.6 billion per year from 2016 to 2024. From 2025, they will boost to $6.9 billion per year

The Professional and Amateur Sports Protection Act (PASPA) of 1992 purportedly banned sports betting in the United States, except in a few states. However, in 2018, the law was invalidated and the Supreme Court ruled that it violated the 10th Amendment. Currently, the legality of sports gambling is decided at the state level, which means we are inundated with ads for games like DraftKings and FanDuel. It’s also a fresh way for leagues to sell media rights, though these deals are much more unclear than TV and streaming deals.

Although sports betting has been extremely popular in Europe for years, it is booming here. U.S. sports betting revenues grew to $11 billion in 2023, a more than 11-fold boost in just four years. Gambling revenues already dwarf the size of entire sports leagues and will exceed the largest – the NFL – within a decade of PASPA’s overturn.

If forecasts are correct, in five years total online sports betting revenues will exceed those of major sports leagues.

Total sports betting revenues are expected to grow to nearly $24 billion by the end of the decade. That’s more than any of the five largest U.S. sports leagues – the NFL is worth $18.7 billion a year, the NBA is worth $10.9 billion, the MLB is worth $10.9 billion, the NHL is worth $6.8 billion and the MLS is worth $2 billion.

Credits

Editors: Sarah Jeong, Jake Kastrenakes and Kevin Nguyen

Illustrator: Samara Haddad

Innovative Director: Kristen Radtke

Engineer: Graham MacAree

Copying editors: Mariya Abate and Liz Hickson

Fact checking: Becca Laurie

Latest Posts

More News