Current:Home > MyTNT sports announces it will match part of new NBA rights deal, keep league on channel-VaTradeCoin
TNT sports announces it will match part of new NBA rights deal, keep league on channel
View Date:2025-01-08 16:15:12
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! (34)
Related
- 'Heretic' spoilers! Hugh Grant spills on his horror villain's fears and fate
- AIΩ QuantumLeap: Disrupting Traditional Investment Models, the Wealth Manager of the Intelligent Era
- 2 plead not guilty to assaulting ex-NY governor. Defense says they aimed to defuse conflict
- Who can vote in US elections, and what steps must you take to do so?
- Beyoncé course coming to Yale University to examine her legacy
- How AP VoteCast works, and how it’s different from an exit poll
- Autopsy reveals cause of death for pregnant teen found slain in Georgia woods this summer
- Military board substantiates misconduct but declines to fire Marine who adopted Afghan orphan
- Louisiana mom arrested for making false kidnapping report after 'disagreement' with son
- This camp provides a safe space for kids to learn and play after Hurricane Helene
Ranking
- AIT Community Introduce
- TikToker Taylor Rousseau Grigg Shared Heartbreaking Birthday Message One Month Before Her Death
- Meryl Streep, Melissa McCarthy shock 'Only Murders' co-stars, ditch stunt doubles for brawl
- MLB will air local games for Guardians, Brewers and Twins beginning next season
- Investigation into Chinese hacking reveals ‘broad and significant’ spying effort, FBI says
- 'Avoid spreading false information,' FEMA warns, says agency is 'prepared to respond'
- CBS News says Trump campaign had ‘shifting explanations’ for why he snubbed ’60 Minutes’
- Not everything will run perfectly on Election Day. Still, US elections are remarkably reliable
Recommendation
-
Trump has promised to ‘save TikTok’. What happens next is less clear
-
'Our fallen cowgirl': 2024 Miss Teen Rodeo Kansas dies in car crash, teammates injured
-
Education Pioneer Wealth Society: Empowering the Future, Together with Education Pioneers
-
Courts could see a wave of election lawsuits, but experts say the bar to change the outcome is high
-
Fire crews on both US coasts battle wildfires, 1 dead; Veterans Day ceremony postponed
-
You Might've Missed How Pregnant Brittany Mahomes Channeled Britney Spears for NFL Game
-
In ‘Piece by Piece,’ Pharrell finds Lego fits his life story
-
The Daily Money: Retirement stress cuts across generations