May 2024 Basketball Wiretap

NBA Close To WNBA Media Rights Deals With ESPN, Amazon

May 8, 2024 2:55 PM

The NBA is nearing agreement with ESPN and Amazon on media rights deals for the WNBA.

The league has reportedly prioritized including the WNBA media rights as part of its next NBA deals. The NBA is also potentially maximizing the timing for the value of the WNBA as Caitlin Clark enters the league.

Details on the number of games in the regular season and playoffs that will be broadcast by both companies are still being determined. 

Randall Williams/Bloomberg

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NBA's Next Media Rights Deals Closing In On $7 Billion Per Season

May 8, 2024 12:20 PM

The NBA's new media rights deals could surpass $7 billion per season, which would represent an increase of nearly 170 percent from its current $2.6 billion per deals with ESPN and TNT. According to reported figures, the combined rights fees from ESPN, Amazon and NBC (or TNT) are at $6.9 billion per season.

Amazon will pay approximately $1.8 billion per season, according to Andrew Marchand of The Athletic. The deal will include the Conference Finals every other year as they will alternate with whoever wins the third rights between NBC and TNT. It also will include the NBA Cup and In-Season Tournament. 

TNT can match NBC's offer of $2.5 billion per season and talks are ongoing.

ESPN's deal with the NBA, which includes the Finals and Conference Finals on an annual basis, will cost $2.6 billion per year.

A report in 2021 indicated that the NBA was seeking anywhere between $7 billion and $8 billion per year on its next deal. After a 2023 report cooled those expectations with a doubling of the current deal a more probable target, the NBA appears to be close to reaching its goal.

RealGM Staff Report

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TNT Remains In 'Constructive Negotiations' With NBA On Media Rights Deal

May 7, 2024 5:15 PM

Warner Bros. Discovery CEO David Zaslav confirmed that talks with the NBA to keep games on TNT are ongoing. NBC has offered the NBA $2.5 billion per season to essentially replace TNT as the league's other primary partner alongside ESPN. Amazon will likely enter as a partner for the NBA and broadcast both the NBA Cup and Play-In Tournament.

“We continue to be in constructive negotiations with the NBA,” Zaslav said Monday at the Milken Institute Global Conference in California. “It’s a great league. The TNT team does a terrific job. And we love the NBA.”

WBD maintains matching rights with the NBA as one of their existing partners.

WBD’s stock has lost nearly one-third of its value so far this year, with a drop of nearly 10 percent last week driven in part by reports the network could lose the NBA rights. 

During an interview in November 2022, Zaslav said “We don’t have to have the NBA.”

Eric Fisher/FrontOfficeSports

Tags: NBA, NBA CBA

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