ESPN has signed a six-year, $7.8 billion deal to remain the main TV partner for the expanding College Football Playoff.
The deal, formally announced by ESPN chief Jimmy Pitaro on Tuesday morning while speaking at Axios' What's Next Summit, will extend ESPN's deal with the CFP through 2032 and pay the tournament $1.3 billion a season. (ESPN subsequently announced full details of its new deal, which was first reported with unofficial sourcing a month ago by The Athletic.)
