NBC and the International Olympic Committee announced that they have reached a $3 billion deal to extend and expand their long-running partnership.

Broadcaster NBC has agreed a $3bn deal to extend its coverage of the Olympic Games in the US beyond 2032, just days before the body that runs the world’s biggest sporting event elects a new president.

NBC has long held the U.S. broadcast rights to the Olympics. When its contract with the IOC was last extended in 2014, NBC would have covered a total of 23 Olympic Games by 2032. The network first broadcast an Olympics in 1964, when the Summer Games were held in Tokyo.