Another indication that NBA won’t triple TV rights revenue
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The NBA is seeking to triple its current TV revenue in its next round of media rights negotiations, but the league’s desired price tag is meeting pushback, per The Information. Amazon is said to be taking a wait and see approach as it evaluates the performance of its long-term NFL deal and has been characterized as hesitant to enter another long term rights agreement with a sports entity in the near future. Other streamers are in similar positions, as Google paid $2 billion a year to secure NFL Sunday Ticket and Apple in its first year of its deal with a ten-year deal with Major League Soccer worth $2.5 million over the life of the deal. (The Information 3.15)