31.3 C
Bangkok
Saturday, May 4, 2024

Report: LIV Golf nearing deal to buy TV time on FS1

Golfweek is reporting that Saudi-funded LIV Golf, without a U.S. television deal during its inaugural season, is close to an agreement to buy time on FS1.

Golfweek cited multiple sources it did not identify in saying the agreement is still being finalized.

It would go against what Greg Norman, the CEO and commissioner of LIV Golf, told a Chicago radio station two weeks ago when he said, “We’re talking to four different networks, and live conversations where offers are being put on the table. They can see what we’re delivering.”

Fox Sports to declined comment.

Networks typically pay a rights fee to broadcast a sport. The PGA Tour, for example, this year began an expanded media rights deal for its tournaments to be shown on CBS, NBC, Golf Channel and ESPN+. The nine-year deal is worth an estimated $7 billion.

In this case, LIV Golf would pay for the time slot and be responsible for…

Read more…

Latest Articles