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Scott Fitzgerald: “In 2024, the league signed an 11 year deal worth $76…”

Featuring: Scott Fitzgerald, Republican | U.S. House of Representatives, Wisconsin, District 5

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Chairman Fitzgerald Opening Statement - Hearing on Sports Broadcasting Act's Effects on Consumers

Published | Video Starts at 06:53

Nearly 60 years later, the NFL signed an 11 year media deal worth 113 billion. The NBA first TV contract after passage of the SBA was for 27 million. In 2024, the league signed an 11 year deal worth $76 billion. While the leagues are undoubtedly more popular than they were in 1961 because they do not follow America's antitrust laws for television agreements, they can charge consumers inflated prices and that would otherwise be illegal. (06:53–06:59)

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Asserts that in 2024, the NBA signed an 11-year deal worth $76 billion.

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