ESPN Secures $7.8 Billion Extension with College Football Playoff

The deal, contingent on finalizing the expanded 12-team format, reinforces ESPN's dominance in college sports broadcasting.

ESPN and the College Football Playoff have agreed on a six-year extension worth $1.3 billion annually, maintaining exclusive rights through the 2031 season.
The deal is contingent on finalizing details of the expanded 12-team format, particularly after the Pac-12's disbandment.
ESPN may sublicense broadcast rights for certain games, potentially allowing other networks to air CFP games.
The expanded playoff format will include six highest-ranked conference champions and six at-large teams, with discussions ongoing about adjusting this model.
The agreement underscores ESPN's dominant position in college sports broadcasting, holding rights to nearly all Division I championships except men's basketball.