Current:Home > ScamsTNT sports announces it will match part of new NBA rights deal, keep league on channel -DataFinance
TNT sports announces it will match part of new NBA rights deal, keep league on channel
View
Date:2025-04-17 02:17:23
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! (486)
Related
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Music titan Quincy Jones, legendary producer of Michael Jackson's 'Thriller,' dies at 91
- Search for 4 missing boaters in California suspended after crews find 1 child dead and 1 alive
- Kourtney Kardashian Shares Photos of Baby Rocky's First Birthday Party Celebrations
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Why the NBA Doesn't Have Basketball Games on Election Day
- Bernie Sanders seeks a fourth Senate term representing Vermont
- Holly Madison Says Pamela Anderson Acted Like She Did Not Exist Amid Hugh Hefner Romance
- The White House is cracking down on overdraft fees
- James Van Der Beek's Wife Kimberly Speaks Out After He Shares Cancer Diagnosis
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Bowl projections: Alabama, Indiana BYU join playoff as CFP gets makeover with Week 10 upsets
- Bernie Sanders seeks a fourth Senate term representing Vermont
- How to find lost or forgotten pensions, 401(k)s, and retirement money
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Remembering Quincy Jones: 10 career-spanning songs to celebrate his legacy
- Tornado threats remain in Oklahoma after 11 injured, homes damaged in weekend storms
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Secret Crush
Recommendation
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
IRS raises 401(k) contribution limits, adds super catch-up for 60-63 year olds in 2025
Family pleaded to have assault rifle seized before deadly school shooting. Officers had few options
Psychotropic Medications and High Heat Don’t Mix
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Hurricane season still swirling: Rafael could threaten US later this week
Georgia authorities probe weekend shooting that left 2 dead, officer injured
Raiders fire offensive coordinator Luke Getsy, two more coaches after 2-7 start