La Liga sells 2019-2022 TV rights for €1.14B per season

TOPSHOT - A Brazilian fan of Spain's Barcelona celebrates the first goal against Spain's Real Madrid at a bar in Copacabana neighborhood in Rio de Janeiro, Brazil, on December 23, 2017. Barcelona took a huge step towards regaining the La Liga title as goals from Luis Suarez, Lionel Messi and Aleix Vidal beat bitter rivals Real Madrid 3-0 at the Santiago Bernabeu on Saturday to open up a 14-point lead over the European champions. / AFP PHOTO / MAURO PIMENTEL
MAURO PIMENTEL / AFP / Getty

Spain's top flight announced Monday that it's sold its television rights from 2019 through 2022 for €1.14 billion per season, which is an increase of 15 percent over the last three campaigns.

According to La Liga's statement, Spanish companies Telefonica and Mediapro were the successful bidding parties.

"With these provisional results, La Liga highlights the growing value of Spanish football. The world's best league is also a leader in the leisure and entertainment sector," the statement read, with translation per AFP.

The annual fee falls just short of La Liga president Javier Tebas' stated goal of €1.3 billion, though the statement claims the league also sold its international broadcasting rights for €4.485 billion over three seasons, an increase of 30 percent.

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