TNT stays inquisitive about extending its broadcast contract with the NBA. The present deal expires after the 24-25 season with Warner Bros Discovery paying $1.2 billion per season.
“We now have been capable of strike worthwhile [sports rights] offers and we’re all the time going to be disciplined,” mentioned WBD chief monetary officer Gunnar Wiedenfels. “It’s very simple to lose management over sports activities rights investments. That’s not what we do. We’re going — we all know precisely what worth we assign and we keep disciplined throughout our discussions.
“On the NBA particularly, we’ve had a really, very robust partnership for 40 years, and I definitely hope that we’re going to have the ability to proceed that in probably the most constructive approach.”
TNT and ESPN will quickly enter an unique 45-day negotiating window with the NBA.
