NFL Close To Extensions With FOX, CBS

Peter King, of SI.com, reports the National Football League is on the verge of reaching agreements with its two Sunday afternoon network partners, FOX and CBS, on contract extensions. The deals with FOX, CBS and NBC run through the end of the 2011 season, and it’s likely the networks will have two years added to their deals. Rights fees with CBS and FOX, in addition to the specifics of the deal, were not immediately available. However, it’s likely the league will get small bumps up from the $622 million it earns from CBS annually, and the $712 million FOX is paying.