"College Football Playoff and ESPN Extend Contract for $7.8 Billion Over 6 Years"
ESPN and the College Football Playoff have reached a tentative six-year, $7.8 billion extension deal, making ESPN the home of the 12-team tournament through the 2031-32 season. The completion of the contract is contingent on finalizing the expanded format, with discussions ongoing about governance, revenue distribution, and access. The deal would give ESPN control over nearly all Division I college sports championships, except for the men's basketball tournament, and includes the rights to the new set of first-round games held at on-campus sites, in addition to the quarterfinals, semifinals, and championship games.