The NRL is powering towards finalising a television deal worth close to $2 billion, after wrapping up almost two months of high-powered negotiations.
The Australian Rugby League (ARL) Commission on Tuesday approved a deal to be sent to both Nine and Fox Sports, with approval still required from both their boards.
The deal will see Fox Sports remain as the games Pay TV broadcasters until at least the end of 2027.
Nines deal will at this stage run until the end of 2022, however it could still extend.
“The ARLC have approved the negotiated position that myself and (interim CEO) Andrew (Abdo) have come to with the broadcasters,” ARL Commission chairman Peter Vlandys told AAP.
“The broadcasters have to go back to their boards for approval.
“The negotiations have always gone on knowing both parties have to go back to their boards for approval.”
Those meetings are now expected to take place in the coming days, meaning all will be finalised before the season resumes on May 28.
It has also alleviated fears Nine would walk away from the negotiating table after chief executive Hugh Marks warned the network did not need the NRL.
It also marks a significant turnaround in the NRLs finances.Read More – Source