CBS Sports and NBC Sports have signed an contract extension with the PGA Tour to televise golf on the networks through 2021.
The nine-year extension calls for CBS to continue its current broadcast television package, an average of 20 tournaments through the life of the agreements, while NBC will continue to televise an average of 10 events per year.
The agreement also includes expansion of coverage of the tour on the network’s and PGA’s online platforms.
Over the last five years, the quality of our television partners, CBS, NBC and the Golf Channel, and their performance both in the quality of the product and their performance in the marketplace has been a home run for our players, our tournaments, our sponsors and our charities,” said PGA Tour Commissioner Tim Finchem in a press release. “So we are absolutely delighted to announce these new long-term agreements with two terrific broadcast partners in CBS and NBC, which secure our television rights for the next decade. Our partnership with all our broadcast partners will provide continuity for our fans throughout the Regular Season and Playoffs.”
“CBS Sports is delighted to continue our long-standing relationship with the PGA TOUR,” said CBS Sports Chairman Sean McManus. “As we have for more than 50 years, we value our partnership with the TOUR and have tremendous confidence that the TOUR is well-positioned for continued growth and success. This deal continues CBS Sports’ goal and strategy to renew our most important marquee properties in a way that is positive for CBS’ business interests. The PGA TOUR and its sponsors have been great partners, and we look forward to continuing this partnership for many years to come.”
“We are excited to continue our longstanding partnership with the PGA TOUR, as it is an important pillar for NBC Sports and Golf Channel,” said NBC Sports Group Chairman Mark Lazarus, . “As we embark on another decade of coverage, we are proud to share an innovative vision with the PGA TOUR to utilize our diverse and unique array of assets to engage golf fans and grow the game in new ways.”
Financial terms of the extensions were not disclosed