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Nebraska Nearing a 15 Year $300 Million Multi-Media Rights Agreement with Playfly

The Nebraska Athletic Department announced today that it has entered into a new 15-year multimedia rights agreement with Playfly Sports. The agreement is worth reportedly $300 million.

This will be the third Big Ten program to sign with Playfly Sports. The other two are Michigan State and Maryland.

The payouts would start at $13 million in 2023-24 and increase to $23.2 million in the final year of the agreement.

Nebraska would also receive $7.5 million in signing bonuses, $6.5 million in estimated royalties, $6 million in capital investments, and $2.25 million in NIL funding.