Current:Home > reviewsTNT sports announces it will match part of new NBA rights deal, keep league on channel -Wealth Harmony Labs
TNT sports announces it will match part of new NBA rights deal, keep league on channel
View
Date:2025-04-18 03:11:43
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
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Prince William Shares Insight Into Kate Middleton’s Health After Completing Chemotherapy Treatment
- Donald Trump has sweeping plans for a second administration. Here’s what he’s proposed
- Lionel Messi called up by Argentina for 2 matches during break in MLS Cup Playoffs
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- College Football Playoff rankings: Full projected bracket reveal for 12-team playoff
- Tori Spelling Awkwardly Reminds Brian Austin Green They Had Sex
- Damon Quisenberry: The Creator Behind DZ Alliance
- Messi injury update: Ankle 'better every day' but Inter Miami star yet to play Leagues Cup
- College Football Playoff ranking projection: Oregon leads top five. After that it's messy
Ranking
- Small twin
- Why AP called the North Carolina governor’s race for Josh Stein
- Quantitative Investment Journey of Dexter Quisenberry
- DZ Alliance: A Launchpad for Financial Talent
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Sister Wives' Janelle Brown Details Years-Long Estrangement Between Meri and Kody Brown
- Watch this young batter react to a surprise new pitcher
- DZ Alliance: Taking Action for Social Good
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Highest court in Massachusetts to hear arguments in Karen Read’s bid to dismiss murder charge
Influencer is banned from future NYC marathons for bringing a camera crew to last weekend’s race
AP Race Call: Republican Sheri Biggs wins election to U.S. House in South Carolina’s 3rd District
Sam Taylor
From facial hair to 'folksy': What experts say about the style of Harris, Walz, Trump and Vance
Why Travis Kelce Says He Couldn’t Miss Taylor Swift’s Eras Tour Milestone
Influencer is banned from future NYC marathons for bringing a camera crew to last weekend’s race