Current:Home > MyTNT sports announces it will match part of new NBA rights deal, keep league on channel -Wealth Evolution Experts
TNT sports announces it will match part of new NBA rights deal, keep league on channel
Poinbank View
Date:2025-04-10 06:34:18
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! (9714)
Related
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Hugh Jackman Marvelously Reacts to Martha Stewart's Comments About Ryan Reynolds' Humor
- Two SSI checks are coming in November. You can blame the calendar.
- Hindered Wildfire Responses, Costlier Agriculture Likely If Trump Dismantles NOAA, Experts Warn
- Stamford Road collision sends motorcyclist flying; driver arrested
- Developer of Former Philadelphia Refinery Site Finalizes Pact With Community Activists
- Weather system in southern Caribbean expected to strengthen and head northward this week
- Voters Head to the Polls in a World Full of Plastic Pollution. What’s at Stake This Year?
- What do we know about the mysterious drones reported flying over New Jersey?
- What time do stores open on Black Friday? Hours for TJ Maxx, Home Depot, IKEA, more
Ranking
- Sonya Massey's father decries possible release of former deputy charged with her death
- Do all Americans observe daylight saving time? Why some states and territories don't.
- 5 dead after vehicle crashes into tree in Wisconsin
- The Futures of Right Whales and Lobstermen Are Entangled. Could High-Tech Gear Help Save Them Both?
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Crooks up their game in pig butchering scams to steal money
- 2 Ohio officers charged with reckless homicide in death of man in custody after crash arrest
- FTC sends over $2.5 million to 51,000 Credit Karma customers after settlement
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
What time do stores open on Black Friday? Hours for TJ Maxx, Home Depot, IKEA, more
A second high court rules that Japan’s ban on same-sex marriage is unconstitutional
Hurricane-Related Deaths Keep Happening Long After a Storm Ends
Most popular books of the week: See what topped USA TODAY's bestselling books list
Horoscopes Today, October 31, 2024
Allow Ariana Grande to Bewitch You With Glinda-Inspired Look at Wicked Premiere in Australia
Chris Olave injury update: Saints WR suffers concussion in Week 9 game vs. Panthers