What Investors Need to Know About Verizon's Mammoth NFL Deal

What Investors Need to Know About Verizon's Mammoth NFL Deal

Football fans and cord-cutters rejoice, because Verizon Communications (NYSE: VZ) just kicked off the week with some great news. On Monday, the telecom giant announced a new five-year distribution agreement with the NFL, giving it the rights to stream all in-market and national games to virtually anyone with an internet connection through the 2022-23 season -- including mobile devices on any wireless network. 

You read that right. In contrast to its previous live-streaming arrangement, which was exclusive to Verizon subscribers, Big Red's new deal applies to NFL viewers regardless of whether they're part of the Verizon network.

IMAGE SOURCE: GETTY IMAGES.

Continue reading

Source: Fool.com