NBA Nears Historic $76B Media Deal with Disney, NBCUniversal, and Amazon; Player Salaries Set to Soar
June 5, 2024The NBA is close to finalizing a $76 billion media rights deal with Disney, NBCUniversal, and Amazon.
This deal would triple the league's current revenue.
Disney will continue to air games on ESPN, while NBCUniversal will pay $2.5 billion annually to broadcast on Peacock and NBC.
Amazon's $1.8 billion yearly deal includes rights to NBA and WNBA games.
Warner Bros. Discovery decided not to pursue a $2.2 billion per year deal, affecting their sports broadcasting future.
The NBA Board of Governors must approve the deals for them to proceed.
Players like Jamal Murray, Jayson Tatum, and Jimmy Butler could see higher salaries due to increased revenue.
Concerns exist about the future of TNT's 'Inside the NBA' show as Amazon replaces TNT as a broadcasting partner.
NBC's budget cuts could impact its prime-time entertainment programming.
Summary based on 10 sources
Get a daily email with more Tech stories
Sources
Insider • Jun 5, 2024
Why new NBA deal could change or cut programming at NBC, PeacockNew York Post • Jun 5, 2024
NBC, ESPN, Amazon 'closing in' on $76 billion deals with NBA as TNT's future in jeopardyInvesting.com • Jun 5, 2024
NBA nears $76bn deal with NBC, ESPN and Amazon: WSJ