Speed Reads

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NBC is going to air the Olympics for another two decades

Getty Images/Bob Levey

Hope you like some Bob Costas with your Olympics commentary because you're going to be getting a lot more of him. In a $7.65 billion deal, the International Olympic Committee announced NBCUniversal will air both the Summer and Winter games for another 18 years.

The network's previous agreement was expected to end with the 2020 Summer Games in Tokyo, but this insures that Costas and company will keep covering the games until at least 2032. By the time the new deal concludes, NBC and its stable of networks will have aired a total of 23 Olympic Games and Costas will be 80 years old.