Current:Home > NewsTNT sports announces it will match part of new NBA rights deal, keep league on channel -Infinite Edge Capital
TNT sports announces it will match part of new NBA rights deal, keep league on channel
View
Date:2025-04-14 05:52:22
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! (69249)
Related
- Nevada attorney general revives 2020 fake electors case
- Carvana stock price is up 228%, but a red flag just emerged
- Michael Jordan’s 23XI and a 2nd team sue NASCAR over revenue sharing model
- Kyle Richards Swears These Shoes Are So Comfortable, It Feels Like She’s Barefoot
- North Carolina justices rule for restaurants in COVID
- Why NCIS Alum Pauley Perrette Doesn't Want to Return to Acting
- New York City Mayor Eric Adams is due back in court in his criminal case
- Sarah Hyland's Former Manager Accuses Her of Denying Him Modern Family Royalties
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- What is the birthstone for October? Hint: There's actually two.
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- 'Lord of the Rings: The Rings of Power' Season 2 finale: Release date, time, cast, where to watch
- Train Singer Pat Monahan Proves Daughter Autumn Is All Grown Up in Rare Photo for 16th Birthday
- They came to Asheville for healing. Now, all they see is destruction.
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- No one expects a judge’s rollback of Georgia’s abortion ban to be the last word
- Bills' Von Miller suspended for four games for violating NFL conduct policy
- Doctor to stars killed outside LA office attacked by men with baseball bats before death
Recommendation
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Arizona man admitted to decapitating his mother before her surprise party, police say
Biden estimates recovery could cost billions ahead of visit to Helene-raved Carolinas
How Earth's Temporary 2nd Moon Will Impact Zodiac Signs
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Below Deck Sailing Yacht: Daisy Kelliher Reveals the Surprising Text Ex Colin MacRae Recently Sent Her
'Congrats on #2': Habit shades In-N-Out with billboard after burger ranking poll
Bankruptcy judge issues new ruling in case of Colorado football player Shilo Sanders