Rumor: Microsoft's NFL deal cost $400 million over 5 years
Microsoft's deal with the NFL to create viewing apps on the Xbox One is worth $400 million over the next five years, according to a source familiar with the deal.
Microsoft's Xbox One presentation lasted just under an hour, and a significant chunk of that time was spent on entertainment, including a video highlighting its partnership with the NFL. So why so much time devoted to football? Well, if you had committed to a multimillion dollar contract, you'd probably want to show it off too.
A report on NFL.com claims that the deal is worth $400 million over five years to the NFL, according to a source familiar with the agreement. The arrangement includes interactive TV viewing on the Xbox One, but the report mentions that it could expand to tablets as early as 2014.
The report also notes that it being a five-year deal means that Microsoft and the NFL can adapt as the times change. Any new uses of the technology will have to go through the "proper approval processes" to pass muster in the NFL rules. "Whatever we do, it's of paramount importance it enhances the competition," said Brian Rolapp, COO of NFL Media. "We have some gospel points we will not break."
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Steve Watts posted a new article, Rumor: Microsoft's NFL deal cost $400 million over 5 years.
Microsoft's deal with the NFL to create viewing apps on the Xbox One is worth $400 million over the next five years, according to a source familiar with the deal.-
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Huh, you're right. All the individual teams are for-profit, though, and I would assume most of the money ends up going to them.
http://en.wikipedia.org/wiki/National_Football_League#Corporate_structure
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Less than a third of all Xbox 360s were sold in the States. Why are they focusing so much on American sports, television networks, etc? It's not just Microsoft; Apple does exactly the same thing.
Imagine if Nintendo unveiled its next console and announced a big-money deal with Sumo or a national television network. -
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