NBA approves new media deals with Disney (ABC/ESPN), Comcast (NBC), and Amazon for 11 years, $77 billion. Update: NBA REJECTS WBD's (TNT Sports) deal
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GOOD
ONE LESS SUBSCRIPTION SERVICE
I HAVE TO PAY FOR.
WE ALL EAT WITH PRIME.
THE TV SERVICE ISNT EVEN
THE MAIN ATTRACTION.
NBA media rights: What do we know one week into 'free agency'?
In the week since NBA media rights hit the open market, a clear picture has emerged of the state of play. Here is a look.
www.sportsmediawatch.com
If the NBA moves forward with ESPN, WBD and Amazon, it is entirely possible the league will have less over-the-air exposure moving forward. ESPN is paring back its schedule to accommodate the new, third package and it would not be surprising if most of the games it drops are from the ABC portion of the schedule. One need only look at last year’s NASCAR deal, in which all of the inventory incumbents FOX and NBC gave up came from the broadcast network portion of their schedules.
It is unlikely the NBA will reach the $75 billion figure floated by CNBC three years ago, but doubling the current $24 billion mark seems fairly likely at this point. The Athletic reported that the NBA’s tentative deals with ESPN and Amazon would be a decade at least in length. Assuming the NBA reaches 11-year deals – matching the length of the NFL’s latest contracts – it would need around $4.4 billion per year to get to the $48 billion mark. Split among three partners, $4.4 billion is around $1.5 billion each. ESPN and WBD paid $1.4 and $1.2 billion per year respectively under the current deals. Assuming both companies pay a little more in their renewals, and that the NBA gets over the billion mark for the third package, $50 billion over 11 years sounds about right.
NBA media rights: What do we know one week into 'free agency'?
In the week since NBA media rights hit the open market, a clear picture has emerged of the state of play. Here is a look.
If the NBA moves forward with ESPN, WBD and Amazon, it is entirely possible the league will have less over-the-air exposure moving forward. ESPN is paring back its schedule to accommodate the new, third package and it would not be surprising if most of the games it drops are from the ABC portion of the schedule. One need only look at last year’s NASCAR deal, in which all of the inventory incumbents FOX and NBC gave up came from the broadcast network portion of their schedules.
It is unlikely the NBA will reach the $75 billion figure floated by CNBC three years ago, but doubling the current $24 billion mark seems fairly likely at this point. The Athletic reported that the NBA’s tentative deals with ESPN and Amazon would be a decade at least in length. Assuming the NBA reaches 11-year deals – matching the length of the NFL’s latest contracts – it would need around $4.4 billion per year to get to the $48 billion mark. Split among three partners, $4.4 billion is around $1.5 billion each. ESPN and WBD paid $1.4 and $1.2 billion per year respectively under the current deals. Assuming both companies pay a little more in their renewals, and that the NBA gets over the billion mark for the third package, $50 billion over 11 years sounds about right.
Was about to post this, thinking about more this weekend. These “leaks” imo are NBA trying to leverage Comcast to make a huge offer and if they do, NBA Finals game will be included. If Comcast balks, then WBD will maintain the rights. “Framework” and “essentially” to me means it’s incumbent on factors on whoever gets the B package.
Yeah, I don't think Disney has any leverage to walk away even if they have to split Finals rotation
Let that shyt die...we need new basketball voices
on BD
Amazon would hire them if WBD loses the rights, that’s a near given imo.
So can I finally watch the pistons lose without worrying about bally wack ass
This deal seems more focused on the actual money than actually growing the sport, what a terrible. It's just going to push the nba further into irrelevancyNBA media rights: What do we know one week into 'free agency'?
In the week since NBA media rights hit the open market, a clear picture has emerged of the state of play. Here is a look.
If the NBA moves forward with ESPN, WBD and Amazon, it is entirely possible the league will have less over-the-air exposure moving forward. ESPN is paring back its schedule to accommodate the new, third package and it would not be surprising if most of the games it drops are from the ABC portion of the schedule. One need only look at last year’s NASCAR deal, in which all of the inventory incumbents FOX and NBC gave up came from the broadcast network portion of their schedules.
It is unlikely the NBA will reach the $75 billion figure floated by CNBC three years ago, but doubling the current $24 billion mark seems fairly likely at this point. The Athletic reported that the NBA’s tentative deals with ESPN and Amazon would be a decade at least in length. Assuming the NBA reaches 11-year deals – matching the length of the NFL’s latest contracts – it would need around $4.4 billion per year to get to the $48 billion mark. Split among three partners, $4.4 billion is around $1.5 billion each. ESPN and WBD paid $1.4 and $1.2 billion per year respectively under the current deals. Assuming both companies pay a little more in their renewals, and that the NBA gets over the billion mark for the third package, $50 billion over 11 years sounds about right.
This nikka back at it again with his gimmick. Went from “Buhh buh da ratings” to “da owners gone do a bloodbath on da CBA’z” to now spinning the largest media deal in league history as a sign of its irrelevance lmaoooo. Guess you ain’t learn to sit out on the sports business conversations after you’ve constantly embarrassed yourself with ignorance time after time after time
What happened the bloodbath Raja Bell was telling you about? Lmao
DAMN SHAME THAT DISNEY
ISNT THE ODD MAN OUT...
NEVER FORGET ADAM SILVERS NAME
WAS IN THE RUNNING FOR DISNEY CEO...
THATS THE ONLY REASON
HES NOT BURNING ANY BRIDGES
WITH DISNEY.
Comcast is willing to pay as much as $2.5 billion/year to acquire the NBA rights package currently owned by Warner Bros. Discovery, more-than-double the amount that those rights are currently worth, The Wall Street Journal reported Monday. Warner Bros. Discovery is able to match any third party offer for its NBA rights package and per WSJ is making “last-ditch efforts” to hold onto its current rights.
Under Comcast’s offer, the NBC broadcast network would potentially carry two primetime games per week.
The whopping $2.5 billion price tag is actually less than the $2.6 billion/year Disney is expected to pay for its “A” package, per the report. Between the two packages, the NBA’s rights fee would already reach $5.0 billion/year without even adding the league’s expected third deal with Amazon.
After reading the bolded it seems like a no brainer to me.
Under Comcast’s offer, the NBC broadcast network would potentially carry two primetime games per week.
The whopping $2.5 billion price tag is actually less than the $2.6 billion/year Disney is expected to pay for its “A” package, per the report. Between the two packages, the NBA’s rights fee would already reach $5.0 billion/year without even adding the league’s expected third deal with Amazon.
After reading the bolded it seems like a no brainer to me.
