Current:Home > ContactTNT sports announces it will match part of new NBA rights deal, keep league on channel -WorldMoney
TNT sports announces it will match part of new NBA rights deal, keep league on channel
View
Date:2025-04-17 17:14:05
TNT Sports announced Monday that they will invoke a matching clause in its current rights deal with the National Basketball Association to retain some of its broadcast rights after its current contract ends after the 2024-2025 season.
TNT announced the move in a post on X, formerly Twitter, saying the move will, "allow fans to keep enjoying our unparalleled coverage, including the best live game productions in the industry and our iconic studio shows and talent."
TNT is the home of Inside the NBA, which is widely recognized as one of the best studio shows in sports.
USA TODAY reported earlier this month that the Association was reviewing a combined 11-year deal from Disney (ABC/ESPN), NBC and Amazon, worth approximately $76 billion.
The NBA did not immediately respond to a request for comment.
2024 Paris Olympics:LeBron James is named one of Team USA's flag bearers for Opening Ceremony
Turner reportedly matches part of Amazon package
Front Office Sports reported that TNT is aiming to take Amazon's "C" package estimated at $1.8 billion dollars and includes a conference final every other year, weekly broadcast rights, WNBA rights and early round playoff game broadcasts.
Turner did not name which contract it intended to match in its statement and did not respond to a request for further comment.
The Amazon contract included, according to The Spots Business Journal, a "poison-pill" where the value of the first three years — approximately $5.85 billion — of the deal would be placed in escrow. The Journal reported that WBD, the parent company of TNT Sports, would be able to cover the cost.
veryGood! (2)
Related
- Retirement planning: 3 crucial moves everyone should make before 2025
- Kentucky governor to speak out against strict abortion ban in neighboring Tennessee
- Noah Cyrus Shares Message to Mom Tish Amid Family Rift Rumors
- Ippei Mizuhara, ex-interpreter for MLB star Shohei Ohtani, likely to plead not guilty as a formality
- The White House is cracking down on overdraft fees
- Dallas Stars take commanding series lead vs. Colorado Avalanche with Game 4 win
- Despite safety warnings, police departments continue misapplying restraint positions and techniques
- Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
- Arkansas State Police probe death of woman found after officer
- Tony-nominee Sarah Paulson: If this is a dream, I don't wanna wake up
Ranking
- Intellectuals vs. The Internet
- Families suing over 2021 jet fuel leak into Navy drinking water in Hawaii seek $225K to $1.25M
- Alert! Old Navy Dresses Are 50% off & the Deal Ends Tonight -- Chic Styles Start at $12
- Ryan Seacrest Teases Katy Perry’s American Idol Replacement
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- McDonald’s is focused on affordability. What we know after reports of $5 meal deals.
- Ippei Mizuhara, ex-interpreter for MLB star Shohei Ohtani, likely to plead not guilty as a formality
- Ippei Mizuhara, ex-interpreter for MLB star Shohei Ohtani, likely to plead not guilty as a formality
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
2024 WNBA regular season: Essentials to know with much anticipated year opening Tuesday
Full transcript of Face the Nation, May 12, 2024
Gov. Kristi Noem banished by 2 more South Dakota tribes, now banned from nearly 20% of her state
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Removal of remainder of Civil War governor’s monument in North Carolina starting
Ryan Seacrest Teases Katy Perry’s American Idol Replacement
43 tons of avocado: Texas market sets World Record with massive fruit display