The NBA and network executives finalized contracts that will make NBC and Amazon Prime Video new partners, while maintaining ESPN as the home of the NBA Finals, under agreements that will extend for 11 seasons and be worth $76 billion, according to executives with direct knowledge of the deals. Meanwhile, The CEO of TNT Sports’ parent company, Warner Bros. Discovery’s David Zaslav, has publicly stated he may attempt to use language in the current contract to remain involved with the NBA.
The next step is for the league’s governors to approve the agreements with ESPN, NBC and Amazon, which is expected to be a formality. At some point following the final step by the league’s governors, the NBA will send the finished contracts to TNT Sports. At that point, the company will have five days to make its move. If it declines, then the NBA is expected to do an official announcement before the Olympics, which open on July 26.
Under the new NBA television deals with ESPN, NBC and Amazon Prime, the regular season would feature national telecasts nearly seven days a week, according to sources briefed on the agreements. The NBA will borrow a page from the NFL, as following the end of the football’s regular season, NBC will have the NBA succeed the highest-rated primetime show on television, “Sunday Night Football,” while, on Thursdays, Amazon will do the same after its TNF coverage concludes.
During the entire regular season, Amazon Prime Video is expected to have its other games streamed predominantly on Friday nights and Saturdays. NBC will have games throughout the full NBA season on Tuesdays. Peacock, NBC’s streaming service, is expected to have exclusive telecasts on Mondays. Peacock will also simulcast all the NBC games. Meanwhile, ESPN will slightly cut down on the amount of regular-season games, going from around 100 now to the range of 80. During the NFL season, it will have its games on Wednesdays, Saturdays and Sundays, with its Saturday night game being its special ABC window. Later in the year, after the NFL, ESPN will have Friday night action, as well.
All three platforms will have playoff games, while Amazon Prime Video will be the home of the In-Season Tournament. Amazon and NBC will alternate showing conference finals. ESPN will have a conference final and the NBA Finals each season.
However, ESPN and the NBA executives did not reach an agreement before their exclusive agreement ran out in April as ESPN declined to budge on relinquishing any portion of the Finals. Shortly after, with ESPN paying $2.6 billion, just slightly less than the $2.7 billion checks it writes for the NFL, the NBA agreed to keep the Finals on ABC/ESPN exclusively. NBC is expected to pay $2.5 billion per season, while Amazon is going to dole out $1.8 billion per year.
In the current agreement, the ESPN and TNT Sports pay a combined total of $2.6 billion on what is a nine-season agreement. If TNT Sports stands down, this upcoming season will be its final season of games after nearly four decades.
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