Fox blocks NFL's attempt to renegotiate TV rights deal early, keeps pact to 2029

Fox CEO Lachlan Murdoch announced that the network's existing deal with the NFL will remain unchanged through the 2029 season, surprising investors. The NFL had been exploring an opt-out clause embedded in its 11-year broadcast agreements in hopes of renegotiating more favourable terms. Fox's decision effectively shuts down that effort, locking in current financial terms.