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The Athletic: College Football Playoff, ESPN agree to 6-year extension worth $1.3 billion per year

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The Athletic article

The six year extension would make ESPN the sole broadcaster of the CFP through 2031-32. However, the article notes an important detail:

The full contract’s completion is still contingent on CFP leaders finalizing details of the expanded format in the wake of the implosion of the Pac-12. The CFP’s management committee and board of managers have meetings scheduled for next week and continue to work through the complicated process of settling their outstanding issues. The ESPN deal will not be ratified until the commissioners and presidents vote on the structure and financials of the expanded CFP.
 
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