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You Won't Believe This Incredible Stat About the NFL's TV Deal

TheMotleyFool

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You Won't Believe This Incredible Stat About the NFL's TV Deal: https://g.foolcdn.com/editorial/images/769061/person-betting-on-sports-online.jpg

Paramount Global (NASDAQ: PARA) owed the NFL $21 billion over the next 10 years, and the value of the entire company (debt plus equity) is only $21 billion. This is a company that's in trouble if cord-cutting continues and Paramount's streaming services continue burning cash.

*Stock prices used were end-of-day prices of March 12, 2024. The video was published on March 12, 2024.

Source Fool.com

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