Speaking of the new deal, Football League Chairman Sir Brian Mawhinney said: "This tremendous news caps what has been an enormously encouraging season for The Football League.
"Crowds have increased yet again, as have viewing figures and we are also delivering on the promise we made to increase our clubs' commercial revenues.
"Sky Sports are a class act and this new agreement is recognition of the outstanding entertainment our clubs provide their viewers week-in, week-out throughout the season."
Vic Wakeling, Managing Director of Sky Sports added: "The Football League continues to go from strength to strength and attendances are at their highest in 45 years - reflecting the huge interest in the game at all levels and emphasising the League's importance in the sporting fabric of this country.