ESPN, College Football Playoff Agree on 6-Year Deal Worth $1.3 Billion Annually, AP Sources Say

ESPN, College Football Playoff Agree on 6-Year Deal Worth $1.3 Billion Annually, AP Sources Say
The College Football Playoff logo on the field at the Rose Bowl NCAA college football game between Notre Dame and Alabama in Arlington, Texas on Jan. 1, 2021. Roger Steinman/AP Photo
The Associated Press
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ESPN and the College Football Playoff have agreed to a six-year deal worth $1.3 billion annually that allows the network to keep exclusive rights to the 12-team playoff through the 2031 season, two people with knowledge of the agreement told The Associated Press.

The people spoke to the AP on condition of anonymity Tuesday because a deal cannot be finalized until the CFP works through other outstanding issues regarding the format and revenue distribution.