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Is the NFL on YouTube the Future of Sports?

YouTube C.E.O Neil Mohan.
YouTube C.E.O Neil Mohan. Photo: Jeff Kravitz/Getty Images
Julia Alexander
October 24, 2023

After a decade of imagining how live sports might jump from linear TV to streaming, it feels like we’re suddenly at an inflection point. Max just launched its Bleacher Report-branded sports add-on; Disney is preparing to beef up ESPN+ with games that average people care about; Apple paid $2.5 billion for Major League Soccer; Amazon bought Thursday Night Football for $10 billion; and NBA rights, which hit the market next year, are expected to double or triple in value as tech companies bid up the price. Money talks—just look at what’s happening with golf’s PGA Tour—and the deepest pockets are all in Silicon Valley.

Meanwhile, all eyes are on YouTube, which won the NFL’s Sunday Ticket last year for an astounding $14 billion over seven years. So far, the numbers look promising, though the deal is surely losing Alphabet, its parent, tons of money at the outset. About 1.3 million customers had signed up for Sunday Ticket on YouTube as of Oct. 1, according to research firm Antenna—already comparable to the roughly 1.5 million who were subscribed through DirecTV, the previous rights holder (although the old Sunday Ticket was only available through a full package offering, whereas YouTube is able to offer it a la carte). DirecTV has said it was losing “a billion dollars a year” on that deal, but NFL executives are optimistic that the potential audience on YouTube will be much, much larger, even at a cost of $249 to $489 per year per subscriber.