Roy Masters doesn't write the headlines and 2 the AFL deal is complex, So the announcement doesn't tell the full picture
Channel 7 has reported to the stock market
Seven West Media (ASX:SWM) has secured the media rights to broadcast the Australian Football League (AFL) from 2025 to 2031.
themarketherald.com.au
A 14% jump in rights it is paying
Financial review has Channel 7 sitting currently at $150m
Seven West Media (ASX:SWM) has secured the media rights to broadcast the Australian Football League (AFL) from 2025 to 2031.
themarketherald.com.au
Gives you $171m going forward. Contra is unknown
Ch9 is paying NRL as of this moment $130m. $15m of that is contra
Given the 5 capital city reach of AFL, Game in quarters etc that seems reasonable and can be closed if team 18 is Perth and Dolphins provide the boost to sponsors
Telstra stated they are paying $50m - This isn't included in NRL broadcast rights
Given the deal for 2023-24 is for $946m for 2 years that leaves $273m for fox
NRL deal is for $409m ( including Contra )
Ch9 $130m
leaves fox sports/Sky sports $279m
So the current TV deals only
AFL FTA $150m
NRL FTA $130m
AFL Pay TV $273m
NRL Pay TV $279m
The difference being the 5 capital city reach of AFL in FTA, current deal difference $14m
Now for the AFL new deal. A couple of sources have said that $550m is the actual number, Jon Ralph and Roy Masters
Using the calculation above Ch7 is $171m
Again we have the Telstra rights $50m?
Leaving Fox as $329m
So for years 2025-2027
It is
AFL FTA $171m
NRL FTA $130m
AFL Pay TV $329m
NRL Pay TV $279m
You currently have 27 hours a week AFL
16 hours a week league so some difference is to be expected