Media rights refer to the legal permissions granted to individuals or organizations to use, distribute, or broadcast content across various platforms. This can include television, radio, online streaming, and social media. Media rights are essential for protecting the intellectual property of creators and ensuring that they receive compensation for their work. In the context of sports, media rights often involve agreements between leagues, teams, and broadcasters. For example, the National Football League (NFL) sells its media rights to networks like CBS and ESPN, allowing them to air games and related content. These agreements can be highly lucrative and significantly impact the revenue of both the leagues and the broadcasters.