"The current agreement averages about $2.1 billion per year for the Sunday afternoon slate of games, meaning a revised deal could push CBS’s annual commitment past $3 billion."
The cuts for CNBC come as Versant prepares to showcase its first-ever financial results next week. The company separated from NBCUniversal late last year.
"Drawing a hard line against prediction markets while embracing sportsbook partners that provide the same offering during the Super Bowl feels less like principle and more like positioning."
"Ben’s ability to make complex financial stories clear and engaging is exactly what we need as we continue to grow our coverage and connect with new audiences.”