NBC Extends U.S. Olympic Rights through 2032

[CK SatGuy]

Originally, they had the rights through 2020. That agreement cost $4.4 billion when it was signed just 3 years ago in 2011. The price tag for this 12-year extension: $7.75 Billion.

http://www.usatoday.com/story/sports/olympics/2014/05/07/nbc-olympics-broadcast-rights-2032/8805989/

 

[Ramy]

Dang. I was hoping some other network would get it.

 

[Mr Tony]

Dang. I was hoping some other network would get it.

they said on NBCNews last night that the IOC went to the networks for the renewal....

 

[Jimbo]

they said on NBCNews last night that the IOC went to the networks for the renewal....

And didn't find any dumb enough to out bid them ?