Current:Home > MarketsTNT sports announces it will match part of new NBA rights deal, keep league on channel -WealthSphere Pro
TNT sports announces it will match part of new NBA rights deal, keep league on channel
View
Date:2025-04-14 23:40:18
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! (3)
Related
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Lamar Jackson has failed to find NFL playoff success. Can Ravens QB change the narrative?
- Reformed mobster went after ‘one last score’ when he stole Judy Garland’s ruby slippers from ‘Oz’
- What makes C.J. Stroud so uncommonly cool? How Texans QB sets himself apart with rare poise
- Louvre will undergo expansion and restoration project, Macron says
- A diverse coalition owed money by Rudy Giuliani meets virtually for first bankruptcy hearing
- The enduring appeal of the 'Sex and the City' tutu
- JetBlue and Spirit Airlines say they will appeal a judge’s ruling that blocked their merger
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Nikki Reed and Ian Somerhalder Pay Tribute to Twilight and Vampire Diaries Roles on TikTok
Ranking
- Stamford Road collision sends motorcyclist flying; driver arrested
- Zelenskyy calls Trump’s rhetoric about Ukraine’s war with Russia ‘very dangerous’
- Ravens vs. Texans highlights: Lamar Jackson leads Baltimore to AFC championship game
- Six-legged spaniel undergoes surgery to remove extra limbs and adjusts to life on four paws
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Alabama five-star freshman quarterback Julian Sayin enters transfer portal
- Buffalo is perfect site for Chiefs' Patrick Mahomes to play his first road playoff game
- These Are the Best Valentine’s Day Gift Ideas of 2024 for Your Family, Besties, Partner & More
Recommendation
South Korean president's party divided over defiant martial law speech
Japan becomes the fifth country to land a spacecraft on the moon
2nd suspect convicted of kidnapping, robbery in 2021 abduction, slaying of Ohio imam
Texas man pleads guilty to kidnapping teen whose ‘Help Me!’ sign led to Southern California rescue
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Palestinian death toll soars past 25,000 in Gaza with no end in sight to Israel-Hamas war
Navajo Nation 'relieved' human remains didn't make it to the moon. Celestis vows to try again.
‘Access Hollywood’ tape of Trump won’t be shown to jury at defamation trial, lawyer says
Like
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Documents say Fulton County DA Fani Willis was booked on flights bought by prosecutor with whom she's accused of having affair
- Ancient sword with possible Viking origins and a mysterious inscription found in Polish river