NFL Collective Bargaining Agreement

Article 12
Revenue Accounting and Calculation of the Salary Cap

Section 6(a)(i)
Calculation of the Player Cost Amount and Salary Cap

(a)(i)

League Media. League Media AR shall consist of the revenues arising from (1) television rights sold or licensed either nationally or packaged on a regional basis for the telecast or broadcast of live or near-live transmission of entire or near-entire NFL games (but not highlights) via broadcast or cable television, satellite, internet, or other media (but not for up to sixteen regular season games telecast or broadcast by the NFL Network); (2) international television rights for live and delayed games; (3) national terrestrial, satellite, and internet radio; and (4) the Copyright Royalty Tribunal. For the avoidance of doubt, as of the 2019 League Year the only revenues that would fall into category (1) are the rights fees paid by FOX (for the NFC afternoon package and the Thursday Night Football package), CBS (for the AFC afternoon package), ESPN (for the Monday Night Football package, but not for the digital and international rights, which shall be in the Ventures bucket), and NBC (for the Sunday Night Football package) (in each of the foregoing cases, following the allocation of rights fees as set forth in the parties’ side letter agreement of February 8, 2018), DIRECTV (for the Sunday Ticket package, but not for the separate NFL Network carriage agreement), Verizon (but, without prejudice to the parties’ positions on any other issue, only for the revenues associated with the right to sell advertising during live NFL games, and not for revenues associated with any other rights, which are included in the NFL Ventures/Postseason Bucket), and Amazon (for the digital simulcast rights for the FOX Thursday Night Football package, but not for the SVOD content and other ancillary rights which are included in the NFL Ventures/Postseason Bucket); the only revenues that would fall into category (3) are the rights fees paid by Westwood One (for the national terrestrial radio package), Sirius (for the national satellite radio package), and Tune-In (for the national Internet radio package).