Current:Home > ContactTNT sports announces it will match part of new NBA rights deal, keep league on channel -AssetFocus
TNT sports announces it will match part of new NBA rights deal, keep league on channel
View
Date:2025-04-14 03:59:18
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! (42)
Related
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- 'Jackass' star Steve-O says he scrapped breast implants prank after chat with trans stranger
- Yes, mangoes are good for you. But here's why you don't want to eat too many.
- Jordan Chiles takes fight over Olympic bronze medal to Swiss high court
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- 6-year-old Virginia student brings loaded gun to school, sheriff's office investigating
- Horoscopes Today, September 16, 2024
- Fed rate decision will be big economic news this week. How much traders bet they'll cut
- A White House order claims to end 'censorship.' What does that mean?
- If WNBA playoffs started now, who would Caitlin Clark and Fever face?
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Northern lights forecast: These Midwest states may catch Monday's light show
- Ina Garten Reveals Why She Nearly Divorced Jeffrey Garten During Decades-Long Marriage
- Kroger and Albertsons prepare to make a final federal court argument for their merger
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Tennessee increases 2025 football ticket prices to help pay players
- Horoscopes Today, September 15, 2024
- 6-year-old Virginia student brings loaded gun to school, sheriff's office investigating
Recommendation
'Most Whopper
Democrats run unopposed to fill 2 state House vacancies in Philadelphia
Legally Blonde’s Ali Larter Shares Why She and Her Family Moved Away From Hollywood
Nebraska man sentenced for impersonating 17-year-old high school student: Reports
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
REO Speedwagon reveals band will stop touring in 2025 due to 'irreconcilable differences'
Sean Diddy Combs Indictment: Authorities Seized Over 1,000 Bottles of Baby Oil During Home Raid
Their relatives died after a Baltimore bridge collapsed. Here's who they blame