NASCAR TV deal near
Monday, November 28, 2005
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NASCAR could announce as early as this week a TV rights deal that would see Fox broadcast the first half of the Nextel Cup season and TNT and ESPN/ABC sharing the back half starting in 2007, Street & Smith's SportsBusiness Journal reports.
The sanctioning body could get as much as $550 million a year from TV rights, a 38 percent increase over the estimated $400 million a year it gets under the current arrangement with Fox, NBC and TNT. The story says industry insiders say the ABC/ESPN commitment alone is expected to be about $270 million a year.
TNT and ESPN are expected to air six races each, reporter Scott Warfield writes, and ABC will air the final 11 races, including all 10 events in the Chase For The Nextel Cup.
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