Seven retains golf rights and appears set to keep tennis too

The Seven Network has announced it has retained the broadcast rights for golf contests the Australian Masters and Perth International,and appears poised to hang on to the tennis rights too.

The Australian Financial Review reports, the TV network is likely to pay $30m a year to secure a further five year deal for the tennis rights, about 50 per cent up on the $105m over five years it currently pays.

Speculation about a deal comes as Seven confirmed it had extended its existing contract for the sports rights to golf for a further three years.

“We are delighted to be extending our commitment to golf. Seven was the home of the Australian Masters for over twenty years through the height of the Greg Norman era,” said Saul Shtein, head of sport for the Seven Network.