Is EA paying $588 million for the rights to the English Premier League?

Electronic Arts (EA), the leading video game publisher, is making a big push to acquire the rights to the English Premier League (EPL) after splitting with FIFA. According to SkySports, EA has agreed to pay a fee of £488 million (over $588 million) to continue as the principal partner of the EPL.

Will EA FC be free?

EA SPORTS FIFA World, a new free-to-play game for PC, is entering a Global Open Beta. Join the 1.5 million fans who have already registered to play!

How much does EA pay football players?

The NFL and EA Sports signed a 5-year deal worth a reported $1.5B in 2020. $500M of that sum is then distributed amongst the players. A report in 2017 found that payments were as follows: active player = $17,662/year.

Does EA Sports pay players?

EA does not directly deal with the players. The contracts athletes have with various Leagues, Associations, and other sporting organizations(FIFA, NBA, NFL, MLB, UFC, etc) have stipulations about what rights the organization has for their likeness and what the player gets paid for.

Who runs the Premier League?

The Premier League is a private company wholly owned by its 20 Member Clubs who make up the League at any one time. Each individual club is independent, working within the rules of football, as defined by the Premier League, The FA, UEFA and FIFA, as well as being subject to English and European law.

[Latest]Report: EA Paying $588 Million For The Rights To The English Premier League

Who funds the English Premier League?

The Premier League & The FA Facilities Fund, managed by the Football Foundation, awards grants of between £10,000 and £500,000 to football clubs, schools, councils and local sports associations.

How much does EA pay Premier League?

The Premier League is closing in on a commercial deal with Electronic Arts (EA), the video-games maker, that would be worth close to £500m. Sky News has learnt the 20 Premier League clubs were briefed at a meeting on Friday a new six-year partnership with EA Sports worth about £488m is close to being finalised.

Have EA lost the rights to FIFA?

The FIFA soccer video game that gamers have enjoyed for years will disappear after its maker failed to strike a new licensing deal with world soccer's governing body. Electronic Arts Sports will instead introduce a new game — EA Sports FC — for 2023.

How much does EA pay to EPL?

Premier League Nearing $600M Extension with EA

The league's 20 clubs were briefed last week on a six-year extension worth nearly $600 million, Sky News reported on Friday. The Premier League will receive $97 million annually — nearly $5 million per team — over the course of the yet-to-be-announced deal.

How much do FIFA want EA to pay?

That's according to The New York Times, which reports that the organisation is seeking more than double the amount that EA Sports currently pays in its current licensing agreement to use the FIFA name for its blockbuster football franchise. This would apparently clock in at around $1 billion every four years.

Does FIFA pay teams?

For 2022, FIFA will pay out $440 million in prize money. The winning team alone will pocket a whopping $42 million. The runners-up will take home $30 million, while third-place and fourth-place teams will earn $27 million and $25 million, respectively. Payouts continue based on placement.

How much does EA pay FIFA for licensing?

Among them is the fact that FIFA counts its EA licensing deal as its most lucrative agreement, worth about $150 million per year. Meanwhile, EA's FIFA games have generated more than $20 billion in sales to date. EA's contract expires in 2022, and negotiations over the past two years have strained the relationship.

Does EA pay players for FIFA?

"At the moment, the players don't get paid," he said. "Our big gripe is that FIFA are coming out with lots of rules and regulations saying that they are looking after the best interests of players but obviously they don't." Premier League clubs sell their licensing rights for video games collectively.

Will FIFA 23 be free?

Unfortunately for fans, no - FIFA 23 will not be free. This comes after EA announced Pre-Order packages for the game on the 20th of July 2022, which has confirmed that you will need to pay to obtain FIFA 23.

Will FIFA 24 be released?

EA FC & FIFA 24 Possible Release Dates. The official EA Sports FC release date is not yet known, but we assume that EA will release the new game in the same period as the previous FIFA games. That would be by the end of September or the beginning of October 2023.

Why is FIFA ending with EA?

The end of the deal with FIFA came after the football body reportedly raised its licensing fee demand from $150 million a year to $250 million — bring the total for the mooted four-year contract to $1 billion.

Why is FIFA ending?

The FIFA video game will be disappearing after the maker failed to strike a new licensing deal with world soccer's governing body. Instead, EA Sports FC will be introduced from 2023 after the company creates the final game in partnership with FIFA later this year.

Will Madden lose NFL license?

The Madden franchise will continue to be a part of the gaming universe for at least the next six years. NFL owners on Thursday approved an extension of their deal with Electronic Arts, continuing a relationship that has existed for 30 years.

Which game makes the most money for EA?

In 2022, Star Wars: Galaxy of Heroes was the top-grossing mobile gaming title published by Electronic Arts (EA) in the Google Play Store.

Is EA Sports closing in on 488m Premier League renewal?

The Premier League is closing in on a commercial deal with video-game developer Electronic Arts (EA), according to Sky News. The report claims that the 20 Premier League clubs have been briefed on a new six-year partnership with EA Sports worth about £488m.

What is the highest paid professional sports league?

Highest Paying Sports in the World

Basketball is the highest paid sport in the world, with the average annual salary in the NBA in 2023 being nearly $10.5 million. This is more than double the average salary in the NFL, which sits in second place at $4.5 million.

Which Premier League teams make a profit?

The table was led by Manchester City - the Premier League champions at the end of the 2021/22 season - with £619.1m in total revenue followed by Real Madrid on £604.5m.

Which Premier League teams have no debt?

Which football club has no debt? Chelsea, PSG, Manchester City, and Leicester City are the only four clubs in Europe with zero debt.