NBA TV Rights and Deals

The NBA is one of the fastest growing sports in the world right now. Since basketball is played all around the world, it has grown a huge fan base and the commissioner knows that the fans want to watch as many games as possible. One of the TV rights deal the NBA made was in 2000, which was a six year contract with ESPN, ABC and TNT, which ended in the 2006-2007 season. The NBA makes a majority of its money through their TV rights, with the past deal making $767 million, which include the traditional TV rights without the Digital media that is becoming more popular. The recent TV rights deal was made in 2007, which last until the 2015-2016 season, with ESPN, ABC, and TNT, which will have a 20 percent increase in revenue to $930 million, and $7.5 Billion by the time it ends. This new deal also includes Digital media rights showing live games online and any new ESPN outlets they create from now until the contract is up. The value of TV rights has continue to escalate because sports are at a high demand by people all over the world, and though many cannot go to the actual games and watch them, television and broadcasting of these games help those who cannot attend the actual games. They also look at television ratings of team by the amount of people who watch the teams that are being played and goes into consideration on what games they will show on TV, so that they know what people want to watch. ABC will continue to air 15 regular-season games and the entire NBA Finals and will televise an increased number of games earlier in the playoffs. The maximum number of times a certain team can appear on the network during the regular season has also been increased. ESPN and ESPN2 will continue to show up to 75 regular-season games as well as one of the conference finals. ESPN will increase the number of early round playoff games it airs. TNT will continue to air 52 regular-season games, the All-Star Game and one of the conference finals.

Adam Silver, the new commissioner of the NBA, is currently putting together a panel to help him in negotiations for future TV right deals. Another deal that the NBA has made is with two former ABA owners, who earned money form the TV rights from 1976-present, also known as the “Greatest Sports Deal of All Time.” This deal was finally ended with the NBA putting an upfront payment of $500 million two the two owners to the end their rights of receiving money from the NBA for their TV rights.

 

http://www.americansportscastersonline.com/abcnbanewdeal.html

http://sports.espn.go.com/nba/news/story?id=2918089

http://www.sbnation.com/nba/2014/2/4/5378210/nba-media-rights-adam-silver-espn-turner

http://www.forbes.com/sites/monteburke/2014/01/07/the-nba-finally-puts-an-end-to-the-greatest-sports-deal-of-all-time/

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