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The College Football Playoff and ESPN have agreed to a new six-year, $7.8 million contract that ensures the network will remain the sole media rights holder of the event through the 2031-32 season, it was jointly announced Tuesday.
ESPN, which has held exclusive broadcast rights since the CFP began in 2015, will expand its package for the final two years of the current 12-year contract, which runs through the 2025-26 season. The CFP is unveiling a 12-team format for the 2024-25 season, and ESPN will add all four of the new first-round games each year to the network's existing coverage of the New Year's Six bowls (now the quarterfinals and semifinals) and the CFP National Championship Game.