The NFL and the NFLPA are meeting in Las Venegas, California to hash the details of a potential new TV deal.
The league is hoping to secure an extension for the contract that will be the most lucrative ever for the league, according to sources.
It is believed that the extension will be in the ballpark of $2.5 billion.
The deal is expected to be announced on Wednesday, which will be after the NFL Combine.
The new deal is likely to come in at around $600 million.
The NFLPA is expected on Thursday to announce that it has reached a tentative deal with Fox for the rights to the NFL Network.
Fox is set to become the exclusive pay-per-view provider for the NFL’s games.
The network will broadcast games on Sundays and Mondays, and it is expected that Fox will be awarded a contract that includes rights to broadcast the Super Bowl and the Superbowl XLIX game.
The negotiations will also involve other television networks, according of sources.
The New York Post reported on Wednesday that the deal would be for an average of $5 million per game, which is far less than the $6.5 million that ESPN currently pays for its primetime games.
However, ESPN is the biggest pay-TV provider for most NFL games, with NFL Network at around 80 percent of the market.
The $5-million per game average will not be enough to justify a TV deal with a major sports network, and that could put the NFL in a tough spot in the long run, sources said.