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FIFA Gets Record Contract from US TV Networks

Football's world governing body FIFA has announced it has secured the biggest television deal in a single country in its history.

The International Football Federation will get a record cash payment of $425 million from United States networks ABC/ESPN and Univision to broadcast all FIFA events from 2007 to 2014. That will include coverage of the World Cup in 2010 and 2014 and all other FIFA tournaments for men and women. FIFA says the arrangement will also help promote football and the FIFA brand, even when no tournaments are taking place.

The broadcaster Univision says it will pay $325 million, or $175 million more than for the 2002 and 2006 World Cups. ABC and ESPN will pay $100 million for the English language rights.

This is the third contract FIFA has awarded for the 2010 World Cup or beyond. The world body has already signed deals for Europe and Japan. The European deal is worth approximately $1.2 billion.

Some information for this report provided by AP.