NBC extends Olympic deal through 2032 for $7.75B

Read Las Vegas Review-Journal

NBC secured the U.S. broadcast rights to the Olympics through 2032 on Wednesday in a record six-games agreement worth $7.75 billion, a surprise deal that shuts out rival American networks and provides further long-term financial security to the IOC.

In a deal negotiated secretly over six months, the International Olympic Committee awarded the exclusive rights to NBC on all media platforms for three Summer Games and three Winter Games — a potential boost for a U.S. bid to host the games.

NBC already holds the rights through the 2020 Olympics in a four-games deal signed in 2011 for a then-record $4.38 billion.

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