News Summary: Google has talks with NFL

The Associated Press

WHAT HAPPENED: The NFL confirmed Wednesday that it has held meetings with Google Inc.

WHY THIS MATTERS: Google is sitting on a cash pile of about $48 billion and has expressed an interest in expanding its reach in television. Meanwhile, DirecTV's contract for the NFL's Sunday Ticket package, for which it pays about $1 billion annually, expires at the end of the 2014 season.

WHAT MAY COME: Google and the NFL declined to comment on the nature of the meetings, but it raised speculation that the Internet giant could make a bid for Sunday Ticket.