Current:Home > StocksTNT sports announces it will match part of new NBA rights deal, keep league on channel -文件: temp/data/webname/news/nam2.txt
TNT sports announces it will match part of new NBA rights deal, keep league on channel
View
Date:2025-04-17 05:05:41
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! (59488)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- After D.C. man arrested in woman's cold case murder, victim's daughter reveals suspect is her ex-boyfriend: Unreal
- Barstool Sports Founder Dave Portnoy Shares He Recently “Beat” Cancer
- Kentucky attorney general announces funding to groups combating drug addiction
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Summer solstice food deals: Buffalo Wild Wings, Sonic have specials on Thursday, June 20
- Bridgerton’s Nicola Coughlan Reacts to Claim Steamy Polin Scenes Were Deleted From Season 3
- Powerful storm transformed ‘relatively flat’ New Mexico village into ‘large lake,’ forecasters say
- Rylee Arnold Shares a Long
- Average long-term US mortgage rate falls again, easing to lowest level since early April
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- New York moves to limit ‘addictive’ social media feeds for kids
- Selling Sunset’s Chelsea Lazkani Reveals How She’s Navigating Divorce “Mess”
- U.S. soldier Gordon Black sentenced in Russia to almost 4 years on charges of theft and threats of murder
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Mette says Taylor Swift's 'prowess is unreal' ahead of her opening London Eras Tour slot
- Aaron Judge returns to Yankees’ lineup against Orioles, two days after getting hit on hand by pitch
- Maps show path of Alberto, hurricane season's first named storm, as it moves over Mexico
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Ben Affleck Addresses Why He Always Looks Angry in Paparazzi Photos
Rivian owners are unknowingly doing a dumb thing and killing their tires. They should stop.
Republican state lawmaker arrested in middle of night in Lansing
Meta donates $1 million to Trump’s inauguration fund
U.S. soldier Gordon Black sentenced in Russia to almost 4 years on charges of theft and threats of murder
Freed Israeli hostage recounts ordeal in Gaza, where she says she was held in a hospital and civilian homes
Pennsylvania court will decide whether skill game terminals are gambling machines