Current:Home > InvestTNT sports announces it will match part of new NBA rights deal, keep league on channel -Capital Dream Guides
TNT sports announces it will match part of new NBA rights deal, keep league on channel
View
Date:2025-04-24 22:09:51
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! (323)
Related
- B.A. Parker is learning the banjo
- What is the birthstone for October? A full guide to the month's gemstones and symbolism.
- Prominent Egyptian political activist and acclaimed academic dies at 85
- New York man who served 18 years for murder acquitted at 2nd trial
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Anti-abortion groups are at odds on strategies ahead of Ohio vote. It could be a preview for 2024
- Who is Duane 'Keefe D' Davis? What to know about man arrested in Tupac Shakur's killing
- Arrest in Tupac Shakur killing stemmed from Biggie Smalls death investigation
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- How much was Dianne Feinstein worth when she died?
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- 2 Indianapolis officers indicted for shooting Black man who was sleeping in his car, prosecutor says
- Will Lionel Messi play vs. New York City FC? How to watch Inter Miami take on NYCFC
- Jordyn Woods Supports Hailey Bieber at Rhode Launch Party in Paris
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- What would it mean if PEPFAR — the widely hailed anti-HIV effort — isn't reauthorized?
- Ryder Cup getting chippy as Team USA tip their caps to Patrick Cantlay, taunting European fans
- A child sex abuse suspect kills himself after wounding marshals trying to arrest him, police say
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Find your car, hide your caller ID and more with these smart tips for tech.
SpaceX to launch 22 Starlink satellites today. How to watch the Falcon 9 liftoff.
Emerging election issues in New Jersey include lawsuits over outing trans students, offshore wind
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Keleigh and Miles Teller Soak Up the Sun During Italian Vacation With Julia Garner and Mark Foster
Taylor Swift Effect boosts ticket sales for upcoming Chiefs-Jets game
A doctor was caught in the crossfire and was among 4 killed in a gunbattle at a hospital in Mexico