NBC Extends Contract to Broadcast Golf’s Ryder Cup Through 2030

NBC Sports and the PGA of America extended their U.S. television rights agreement for golf’s Ryder Cup through 2030.

The current contract, which was last extended in 2005, was set to expire after the 2014 events. NBC said in a statement that today’s extension was the furthest-reaching television pact in professional sports.

The biennial Ryder Cup, which is staged by the PGA of America, pits 12-member teams of top U.S. and European golfers in three-day, match-play competition. It has been aired by the Comcast Corp.-owned network since 1991. Financial terms of the extension, which also includes the Senior PGA Championship, weren’t disclosed.

The extension comes two months after NBC and Walt Disney Co. (DIS)’s ESPN lost broadcast rights to the U.S. Open golf tournament when 21st Century Fox Inc. (FOXA), Rupert Murdoch’s film and television company, signed a 12-year agreement to televise the annual Grand Slam event.

The Fox broadcast network and the new cable channel Fox Sports 1 will carry the U.S. Open, the U.S. Women’s Open and U.S. Senior Open championships from 2015 to 2026. NBC had aired the U.S. Open for the past 19 years

“We’re excited to continue our longstanding relationship with the PGA of America and renew the Ryder Cup, one of the most prestigious properties in sports,” Mark Lazarus, chairman of NBC Sports Group, said of the Ryder Cup agreement.

Europe defeated the U.S. in last year’s Ryder Cup 14 1/2 to 13 1/2 at Medinah Country Club in Medinah, Illinois. The next Ryder Cup is scheduled to be played Sept. 26-28 at the PGA Centenary Course in Gleneagles, Scotland.

The 2016 Ryder Cup will be at Hazeltine National Golf Club in Chaska, Minnesota, followed by 2018 at Le Golf National in Versailles, France; and 2020 at Whistling Straits in Kohler, Wisconsin.

-- With assistance from Eben Novy-Williams in New York. Editor: Jay Beberman

To contact the reporter on this story: Michael Buteau in Atlanta at mbuteau@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

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