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NBA Nears Historic $76 Billion, 11-Year TV Deal with NBC, ESPN, and Amazon
Jun 5, 2024, 12:49 PM
The NBA is on the verge of finalizing a historic $76 billion TV deal with NBC, Disney's ESPN, and Amazon, according to reports from the Wall Street Journal. The deal, which spans 11 years, underscores the immense value of sports broadcasting rights and is expected to bring significant revenue to the league. NBC is set to pay $2.5 billion annually for 100 games. The agreement also includes rights for the WNBA. This deal marks a defining moment for media and sports, potentially leading to industry changes and putting pressure on platforms like Peacock to raise prices. The NBA's decision to sell major games to Amazon and NBC has caused tensions with TNT, which has been excluded from the deal.
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