Current:Home > reviewsSurpassing:TNT sports announces it will match part of new NBA rights deal, keep league on channel -FutureProof Finance
Surpassing:TNT sports announces it will match part of new NBA rights deal, keep league on channel
Fastexy View
Date:2025-04-11 04:24:42
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 SurpassingX, 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! (4915)
Related
- Trump's 'stop
- Honolulu police say a 10-year-old girl died from starvation, abuse and neglect
- Why Valerie Bertinelli Stopped Weighing Herself Once She Reached 150 Pounds
- Arkansas police find firearms, Molotovs cocktails after high speed chase of U-Haul
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- 2024 Lunar New Year: See photos of Asian communities celebrating around the world
- Why Jesse Palmer Calls Travis Kelce and Taylor Swift’s Romance a Total Win
- Police search for shooter after bystander shot inside Times Square store
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Opinion: This Valentine's Day, I'm giving the gift of hearing
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Ryan Grubb returning to Seattle to be Seahawks' OC after brief stop at Alabama, per reports
- Taylor Swift prepares for an epic journey to the Super Bowl. Will she make it?
- Costco, Trader Joe's pull some products with cheese in expanded recall for listeria risk
- $73.5M beach replenishment project starts in January at Jersey Shore
- Millions of clothing steamers recalled for posing a burn hazard from hot water expulsion
- $700M man Shohei Ohtani is talk of Dodgers spring training: 'Can't wait to watch him play'
- Arkansas police find firearms, Molotovs cocktails after high speed chase of U-Haul
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
$700M man Shohei Ohtani is talk of Dodgers spring training: 'Can't wait to watch him play'
Kylie Kelce Reveals Whether Her and Jason Kelce's Kids Will Be at Super Bowl 2024
How to defend against food poisoning at your Super Bowl party
Arkansas State Police probe death of woman found after officer
San Francisco 49ers Wife Kristin Juszczyk Shares Tips to Rework Your Game Day Wardrobe
Extreme Climate Impacts From Collapse of a Key Atlantic Ocean Current Could be Worse Than Expected, a New Study Warns
St. Louis wrecking crew knocks wall into transmission tower during demolition; brief explosion