Current:Home > ScamsTNT sports announces it will match part of new NBA rights deal, keep league on channel -AdvancementTrade
TNT sports announces it will match part of new NBA rights deal, keep league on channel
View
Date:2025-04-15 17:24:55
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! (37)
Related
- Meta donates $1 million to Trump’s inauguration fund
- Customers eligible for Chick-fil-A's $4.4 million lawsuit settlement are almost out of time
- Japan’s exports surge 10% in December on strong demand for autos, revived trade with China
- Moana Bikini draws internet's ire after male model wears women's one-piece in social post
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Teenager awaiting trial in 2020 homicide flees outside Philadelphia hospital
- New Hampshire primary exit polls for 2024 elections
- Oklahoma superintendent faces blowback for putting Libs of TikTok creator on library panel
- New data highlights 'achievement gap' for students in the US
- China landslide death toll hits 20 with some 24 missing
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Algeria gears up for election year with aging president, opposition that is yet to offer challenger
- Russia hits Ukraine's biggest cities with deadly missile attack as Moscow blames U.S. for diplomatic deadlock
- Sri Lanka passes bill allowing government to remove online posts and legally pursue internet users
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Judge says witness must testify before possible marriage to man accused of killing his daughter
- Latest federal court order favors right to carry guns in some New Mexico public parks
- Cease-fire efforts for Israel-Hamas war gain steam. But an agreement still appears elusive
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Wolves at a Dutch national park can be shot with paintball guns to scare them off, a court has ruled
Mila De Jesus' Husband Pays Tribute to Incredible Influencer After Her Funeral
Thai court says popular politician Pita Limjaroenrat didn’t violate law, can remain a lawmaker
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Daniel Will: Historical Lessons on the Bubble of the U.S. Stock Market
Artist-dissident Ai Weiwei gets ‘incorrect’ during an appearance at The Town Hall in Manhattan
California woman who fatally stabbed boyfriend over 100 times avoids prison