Verizon and NFL announced New Multiyear Partnership

Verizon Communications Inc. (NYSE: VZ) and The National Football League on Monday announced a multi-year partnership that allow fans to watch live NFL games on their smartphones.

Under the deal, customers with other carriers can watch live games on Verizon’s Oath media properties. The partnership will start in January 2018 with streaming of the NFL playoffs on Yahoo and Yahoo Sports, in addition to go90 and the NFL mobile app.

"Our expanded partnership with Verizon is great for our fans," NFL Commissioner Roger Goodell said in a statement. "Starting with the upcoming playoffs and for seasons to come, live NFL action directly on your mobile device — regardless of carrier — will give millions of fans additional ways to follow their favorite sport."

According to The Wall Street Journal, Verizon will pay more than $2 billion for the new deal.

"We're making a commitment to fans for Verizon's family of media properties to become the mobile destination for live sports," Verizon Chairman and CEO Lowell McAdam said in a statement. "Partnerships like this are a win for fans, but also for partners and advertisers looking for a mobile-first experience."

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