The NBA has finalized contracts with NBC, Amazon and ABC/ESPN in 11-year agreements worth approximately $76 billion.
The pacts will now be sent to the league’s governors for approval, which is expected to be a formality, according to the New York Times’ Athletic, which first reported the news Wednesday. The board of governors are said to meet on Tuesday in Las Vegas.
Warner Bros. Discovery’s TNT Sports, which currently pays roughly $1.2 billion for NBA rights under the current contract that runs through the 2024-2025 season, will have five days to match after being sent the finalized contracts. If it declines, The Athletic reports that the new NBA deals could be announced as early as before the start of the Olympics on July 26.
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