After letting its media rights go to the open market, the National Women’s Soccer League has been paid back in spades. As its current deal with Paramount Global (CBS, CBS Sports Network, CBS Sports Golazo Network, Paramount+) is expiring, the NWSL is being rewarded with a new four-year contract with multiple partners, ESPN, CBS, Amazon and Scripps. It would end in 2027.
Sportico reports that the NWSL will see a significant increase in its current rights fee of $1.5 million annually from Paramount. While the monetary terms of the new deal have not been released, Sportico says the deal will not only give the league more platforms to have its games seen, but provide it much needed financial stability:
The NWSL’s current CBS deal pays about $1.5 million per year, but it requires that the league foot the bill for game production, which is an eight-figure annual expense. These deals are significantly higher than 10x that topline CBS fee, according to sources. That also would put it well about the reported annual haul for the Women’s Super League in Europe.
As the previous contract had only one media partner, this provides the league with a wider reach and exposure. Compare this to Major League Soccer’s deal with Apple which is mainly exclusive to Apple TV+ with minimal exposure on Fox/FS1 in the United States and TSN in Canada.
NWSL currently has twelve teams and recently announced expansion in three markets: Boston, San Francisco and Utah.
BREAKING: The NWSL is set to expand by three teams in Boston, Utah and the San Francisco Bay Area, a source confirms to @itsmeglinehan.
The Utah and Bay Area teams would join the league in 2024, with Boston joining at a later time.
More details: https://t.co/q03Fzu1se2 pic.twitter.com/cMflv0FOjj
— The Athletic (@TheAthletic) January 28, 2023
It plans to announce one more expansion franchise which would bring its total to sixteen teams.
The new media deal allows the NWSL to puts its rights on the open market right after the 2027 Women’s World Cup. With four media partners, the league’s games should be easier to find especially with ESPN and CBS in tow. In addition, Amazon expands its U.S. sports portfolio adding NWSL to the NFL, WNBA, ONE Fighting Championship and Pickleball.
[Sportico]
