The NBA is currently in the penultimate season of its existing national television media rights deals with The Walt Disney Company and Warner Bros. Discovery, collectively worth a reported $24 billion over the eight-year contracts. The league entered into an exclusive negotiating window with both broadcasting partners starting on Saturday, March 9, but is reportedly unlikely to reach a new deal before its expiration on Monday, according to Alex Sherman of CNBC.
Even if no deal ends up being reached by the deadline, both companies are in discussions about new media rights contracts with the NBA, as confirmed by the league. These discussions follow a 2023-24 season that garnered an average of 1.09 million viewers across ABC, ESPN, TNT and NBA TV, which is up 1% over last year and represents the highest average across networks in four years, according to Jon Lewis of Sports Media Watch. Both networks will begin broadcasting the NBA Playoffs on Saturday, April 20.
“We continue to have productive discussions with Disney and Warner Bros. Discovery on a renewal of our media deals,” an NBA spokesperson said in a statement to CNBC.
Starting next week, the NBA will have the ability to engage in negotiations with other companies interested in the media rights package. As reported by CNBC, Amazon, Apple, YouTube TV, Comcast (NBCUniversal/Peacock) and Netflix have all expressed potential interest through conversations with the league. Numerous reports have indicated that the league is looking to add a streaming element into its next deal and is looking for an increase in rights fees. The NBA could reportedly look to sell games within the In-Season Tournament to a separate media company, potentially adding a fourth partner in the deal.
Warner Bros. Discovery linear network TBS began airing NBA games in 1984, with TNT following four years later. The Walt Disney Company has presented the league since 2002 across ABC and ESPN, which includes broadcasts of the NBA Finals. Both companies are aiming to launch a new joint streaming venture with FOX Corporation in the fall that would grant subscribers access to games and networks from all three companies.
