Current:Home > ScamsTNT sports announces it will match part of new NBA rights deal, keep league on channel -Quantum Capital Pro
TNT sports announces it will match part of new NBA rights deal, keep league on channel
Burley Garcia View
Date:2025-04-08 04:59:02
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! (94)
Related
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Michelle Yeoh marries Jean Todt in Geneva after 19-year engagement
- Ethan Slater Files for Divorce From Lilly Jay Amid Ariana Grande Romance
- Travis Kelce tried and failed to give Taylor Swift his phone number
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Kuwait executes 5 prisoners, including a man convicted in 2015 Islamic State-claimed mosque bombing
- Are you a Facebook user? You have one month left to apply for a share of this $725M settlement
- Giuliani won't contest claims he made 'false' statements about election workers
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Shakira's Face Doesn't Lie When a Rat Photobombs Her Music Video Shoot
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- The US is requiring more planes to have accessible restrooms, but change will take years
- Trump says he'll still run if convicted and sentenced on documents charges
- North Korean leader Kim Jong Un meets with Russian defense minister on military cooperation
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- US economy likely slowed in April-June quarter but still showed its resilience
- Why TikToker Alix Earle and NFL Player Braxton Berrios Are Not in an Exclusive Relationship
- They put food on our tables but live in the shadows. This man is fighting to be seen
Recommendation
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
Mother of 6-year-old who died on bus speaks out at school board meeting
Mandy Moore says her toddler has a rare skin condition called Gianotti Crosti syndrome
Japanese Pop Star Shinjiro Atae Comes Out as Gay
Highlights from Trump’s interview with Time magazine
Ohio officer fired after letting his police dog attack a surrendering truck driver
Mega Millions jackpot hits $1 billion mark after no winners in Friday's drawing
Search called off for baby washed away in Pennsylvania flash flood