TNT Use of Match Rights Could Cause Lawsuit Issue With NBA
Things are getting very tense between the NBA and TNT.
TNT Sports officially exercised its similar rights in the NBA's new media rights agreement to end up airing games on Max and possibly TNT.
Although the company did not specify which rights it intends to match, Amazon they had an agreement with the NBA worth $1.8 billion a year.
The NBA is “expected to decline the network's agreed upon takeover rights.” Amazon package, sources briefed on NBA plans said,” Athletic reports.
“The league's choice is to honor the $1.8 billion annual contract it agreed to Amazon.”
TNT released the following statement:
“We are proud of the way we have delivered to basketball fans by providing the highest quality during our fourteen years of partnership with the NBA. In an effort to continue our long-standing relationship, during the exclusive and non-exclusive negotiation periods, we acted in good faith to present strong bids that were fair to both parties.
“Unfortunately, the league has informed us of its intention to accept other offers for these games in our rights package, leaving us to continue under the same rights, which are an important part of our current agreement and the rights we have.
they paid under it.
“We have reviewed the offers and matched one of them. This will allow fans to continue to enjoy our unparalleled broadcasts, including the best sports produced in the industry and our iconic studio and talent shows, while building on our proven 40-year commitment for many more years.
“Our accompanying documents were delivered to the league today. We look forward to the NBA making our new contract.”
A “cloud of legal battle” hangs over the future of the broadcast and broadcasting deal in the NBA space, Athletic he says.
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