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AFL, Seven West Media announce extended TV broadcast deal

THE AFL has secured a new broadcast rights deal shortly before its season restarted after the COVID-19 shutdown.

On Thursday, Seven West Media revealed a revised contract with the AFL had been signed for the rest of this season through to the end of 2022.

As well as this, an extension of two years for 2023-2024 was announced.

"The AFL and Seven are a core part of each other's DNA, and we are delighted to have not only reached a revised agreement for the current contract term, but to have extended our relationship for a further two seasons taking the agreement through until the end of 2024," Seven West Media managing director and chief executive James Warburton said.

"I'd like to thank AFL CEO Gillon McLachlan and the AFL Commission for their commitment which gives certainty to both parties over the next five years."

Seven is reportedly set to receive a 19 percent saving and a net benefit of $87 million during the current deal through to the end of 2022 before the extended rights start.