← Issue 01

NO. 25 · OCT. 2, 2026

ESPN Has One Week to Keep the College Football Playoff

Talks over a 24-team playoff have been “tough sledding,” and the real fight is over the conference championship games an expanded field would wipe out.

By Nick Schupak · The Periodical, Issue 01 · p. 84

TOct. 9

ESPN'S EXCLUSIVE NEGOTIATING

WINDOW CLOSES

Dec. 1

DEADLINE TO SIGN FOR 2027

EXPANSION

he College Football Playoff’s next media deal was supposed to begin as a conversation between old partners. In September, playoff leadership opened a 30-day exclusive negotiating window with ESPN for a new agreement covering the expected 24-team playoff. With that window set to close on Oct. 9, the talks are not going smoothly.

Austin Karp of Sports Business Journal reports that the conversations between ESPN and its conference partners have been “tough sledding,” according to Awful Announcing. The main obstacle is not the inventory an expanded bracket would create. It is the inventory it would destroy.

A bigger field would eliminate the conference championship games, and those games are expensive to replace. The SEC title game alone is worth about $100 million. All of the top division’s championship games together are worth about $250 million.

That money already flows to the conferences, and any new playoff deal has to account for it before it can be called a raise. So the fight here isn’t really about the new games. It’s about the old ones.

A bigger playoff creates more inventory to sell, but it wipes out games the conferences already get paid for, and somebody has to make up that money. Whoever carries the expanded playoff is, in effect, being asked to pay for the new rounds and to cover the championship weekends that disappear to make room for them. The calendar adds pressure.

If there is no deal by Oct. 9, the rights go to market. Fox, NBC and Prime Video could bid, and the games could be split into several packages rather than sold to a single network. The playoff would then have until Dec. 1 to sign a deal in time for expansion in 2027.

That clock favors the playoff. While the exclusive window is open, ESPN is the only company at the table, and the conferences’ demands are the only pressure on it. Once the window closes, ESPN is no longer the only buyer in the room.

A split into several packages would also change how the event looks on television, spreading the postseason across more than one partner instead of keeping it in one place. For ESPN, the stakes run in both directions. Holding on means paying for a larger event while its partners look to be made whole for the games they lose.

Letting go means watching rivals bid on a property it is trying to keep. Either outcome turns on the same question of who pays for the championship games that expansion takes away. The standoff captures a tension running through the business of sports right now: everyone is trying to reach the fan they don’t have yet, without losing the money they already have.

College football wants a bigger playoff, but not at the cost of $250 million in championship games. The next week will show whether ESPN is willing to cover that gap, or whether the playoff would rather find out what the rest of the market will pay. So the fight here isn’t really about the new games.

It’s about the old ones.

THE REST OF THE BRIEF

MEDIA

India’s ISL Splits Its Rights Between Sony and YouTube The Indian Super League’s

governing council picked Sony Sports Network for satellite TV across the subcontinent and Google to stream every match on YouTube, in India and worldwide, for two seasons. Khel Now reports many clubs wanted YouTube’s reach while others held out for TV to protect sponsorship; the league chose both. Clubs will also get broadcast and streaming data, including state-by-state reach, for the first time — possibly the quiet prize.

Paperwork is pending; the season starts Oct. 10.

Partnerships

Bridgestone Replaces Hankook in Formula E A multi-year deal makes Bridgestone Formula E’s sole

tire supplier from next season, timed with the debut of the GEN4 car and marking its return to world championship racing. It also takes title sponsorship of the races in Mexico City, Berlin, Shanghai and the season finale in Tokyo. The supplier deal puts the product on the car; the titles put the name on the event.

Its tires use 65% recycled and renewable materials, a fitting story for an all-electric series.

Advertising

U.S. Bank Takes Its NFL Deal

to Youth Flag Football RCX Sports, which operates NFL FLAG, signed U.S. Bank across 10 regional tournaments this fall and next spring, pairing event presence with financial-education programming. Already the NFL’s official bank and wealth management sponsor, the bank follows a $250,000 partnership with Gen Youth to send flag football kits to 400 schools.

A youth tournament lets a bank meet parents in person with something useful to say — and shows how far down a league sponsorship can now reach.

Technology

ESPN Renews Simulator Golf League TGL ESPN and TMRW Sports

agreed a multi-year extension of TGL’s U.S. rights ahead of its third season. TGL, which mixes simulator golf with live short-game play at the SoFi Center, adds a seventh team when the season starts Dec. 27. TMRW says more than 30% of TGL viewers don’t regularly watch other professional golf, suggesting it is bringing in new viewers, not just moving golf fans around.

For ESPN, an indoor league on a fixed schedule is easy programming.

DEALS SHEET

4Moves

ESPN ↔ College Football Playoff In talks

Media rights; still in talks, exclusive window closes Oct. 9 Sportradar → Indian Super League ₹57 crore Data and integrity deal, four years through 2030 MG Motor → Indian Super League ₹25 crore Title sponsorship starting this season Bridgestone → Formula E Undisclosed Multi-year tire supply plus four race title sponsorships

W ORK THAT WON

The Missing Layer of Sports Media

TAIV · ADEXCHANGER AWARDS — HONORABLE MENTION, BEST INDUSTRY STARTUP

At the AdExchanger Awards, handed out Sept. 28 in New York, the only sports media entry recognized was Taiv, which earned an honorable mention for Best Industry Startup with an entry called “The Missing Layer of Sports Media.” RIVALS: Sport vs Sport

REXONA · B&T AWARDS — FINALIST, BEST SPONSORSHIP CAMPAIGN

Rexona’s “RIVALS: Sport vs Sport” is one of two sports campaigns that are finalists for Best Sponsorship Campaign at Australia’s B&T Awards, alongside Paramount+’s work for the AFC Women’s Asian Cup. Winners have yet to be named. AFC Women’s Asian Cup

PARAMOUNT+ · B&T AWARDS — FINALIST, BEST SPONSORSHIP CAMPAIGN

Paramount+ is the other sports finalist for Best Sponsorship Campaign at the B&T Awards in Australia, recognized for its work around the AFC Women’s Asian Cup. Winners have yet to be named.

OFF THE RADAR

Bulgaria’s 1club Raises €2.2 Million to Bring AI to Grassroots Sport Bulgarian startup 1club has raised €2.2 million to help grassroots sports businesses run on AI. It sells an operating platform for sports and fitness businesses and a consumer app for finding and booking activities. The seed round came from LAUNCHub Ventures and BrightCap Ventures and will fund a global rollout — a reminder that AI in sports isn’t only for the big leagues.

O

DEEP DIVE

NO. 25 · FRIDAY, OCT. 2, 2026

Why Adobe Keeps Signing

the World’s Biggest Leagues The NHL’s new creative, marketing and AI partnership follows the same playbook Adobe has run with the NFL, the Premier League and MLB. The open question is whether fans want it. n Sept. 28, the NHL named Adobe its official creative, marketing and AI partner. The deal is worth a second look, because it is bigger than one league.

Beginning this season, the league and all 32 clubs get access to Adobe’s business software. GenStudio creates content with AI. Experience Platform pulls together what the league knows about each fan.

And a tool called Journey Optimizer decides which message goes to which fan, and when, across the app, the website, email and even inside the arena. The league says content can be tailored to individual markets and languages, which matters for a sport that says it has more than 200 million fans in 147 countries, and players from more than 20. Fans, meanwhile, get NHL-themed templates and AI image tools in Adobe Express.

The NHL’s David Lehanski said Adobe will help “tell the stories of our players, clubs, and moments that define hockey, while giving fans more opportunities to be a part of it.” Adobe’s marketing chief, Lara Balazs, said the goal is “using AI to deepen personalization.” Neither side disclosed the price or the length of the deal. Now look at who else Adobe has signed. In April 2025, it expanded its partnership with the NFL, with templates for fans and personalized content in the league’s app.

In July 2025, it signed a multi-year deal with the Premier League, which reaches 1.8 billion fans, letting them design badges and kits for their fantasy teams and promising personalized news alerts and location-based notifications at stadiums. And in March, Sportcal reports, it renewed and expanded its deal with Major League Baseball. That is four of the world’s biggest leagues in about 18 months, and the playbook is the same each time: software for the league’s marketers on one side, creative tools for the fans on the other.

For Adobe, a league is both a customer and a showcase — a way to put its AI tools in front of millions of fans, and in front of the more than 20,000 brands that already use its marketing software. The timing helps, too. The research firm Emarketer notes that hockey is having a cultural moment, helped by streaming shows like “Heated Rivalry” and “Off Campus.” But there is an open question, and it is about the fans.

Emarketer points out that only about 19% of Americans will use an AI image generator in 2026. It also cites a July survey from Rival Technologies, which found that 74% of Gen Z consumers in North America react at least slightly negatively to brand content made with AI. So the fan-facing half of this deal is a bet on a habit most fans don’t have yet, aimed at an audience that can be skeptical of it.

The personalization half may be the safer bet, because it works in the background. A fan doesn’t have to do anything to get a message about a favorite player. But that depends on data, and on fans being comfortable with how much the league knows about them.

The NHL is, in effect, buying the tools to speak to 200 million fans one at a time. The leagues that pull that off will know their fans better than anyone else does — and that knowledge is quickly becoming the thing every partner wants to buy.

THE THROUGHLINE

Everyone in sports is trying to reach the fan they don’t have yet without losing the money they already have — and the leagues that know their fans best hold what every partner now wants to buy.

Week7Of8·Oct.5–9,2026·5Episodes

week of oct. 5 MON YouTube Wants Live Sports in Bulk, Not One Game at a Time

Streaming

TUE CBS and Tony Romo Part Ways After Nine Seasons

Talent

WED Paramount Closes Its $110 Billion WBD Deal, and Skydance Is Born

FIN ANCE

THU Disney+ Will Stream the Super Bowl, ESPN’s First

Streaming

FRI DAZN's Local Shopping Spree Is a Bid for National Rights

Streaming