The NBA will receive about twice as much in fees as the prior contracts, said the people, who asked not to be identified because the terms are private. Time Warner’s TNT and Disney’s ESPN and ABC networks currently pay the NBA about $930 million a year combined in a deal that was set to expire at the end of 2015-2016 season.
Disney and Time Warner took advantage of an exclusive window to negotiate a new deal, locking in a key contract that represented the last major U.S. sports rights that were up for grabs until 2021. Live sporting events like the NBA are ratings gold mines, helping the networks boost viewership and licensing fees from cable and satellite-TV distributors. The deal is crucial to Time Warner Chief Executive Officer Jeff Bewkes’ plan to turn around Turner Broadcasting, which includes TNT, and increase its fees.
“It’s good to be the NBA,” said Lee Berke, president of LHB Sports Entertainment & Media Inc., a firm that advises professional sports leagues and universities on media rights. “They’ve hit the media marketplace at just the right time, with growing viewership, substantial multi-platform programming and multiple competitors for their rights.”
The NBA and ESPN are planning a new online video service that will show live games and also be available to customers who don’t pay for cable or satellite-TV, the Wall Street Journal reported, citing unidentified sources.
Mike Bass, a spokesman for the NBA, declined to comment, as did Chris LaPlaca a spokesman for ESPN. A representative for Turner didn’t immediately respond to a request for comment.
Some players, including LeBron James, have signed shorter contract in anticipation of more TV money down the road. James, the league’s four-time Most Valuable Player, limited his new $42.1 million agreement with the Cleveland Cavaliers to two years to let him negotiate a new deal for the 2016-17 season, when the new TV rights will boost contract values.
Bloomberg reported in July, citing people familiar with the matter, that the NBA was seeking to double its rates over the prior contract. Bloomberg also reported at the time that 21st Century Fox Inc., the Rupert Murdoch-controlled company that tried to buy Time Warner this year, was interested in pursuing the NBA rights.
The current arrangement gives Time Warner rights to air 52 regular-season games and up to 52 playoff games. Disney’s rights have included 75 regular season games and as many as 29 playoff games.
The NBA opens the 2014-2015 season on Oct. 28. The league has scheduled a press conference for 10 a.m. New York time tomorrow to discuss new media partnerships.
Credit to Bloomberg.com who originally published this article
Jason Barrett is the owner and operator of Barrett Sports Media. Prior to launching BSM he served as a sports radio programmer, launching brands such as 95.7 The Game in San Francisco and 101 ESPN in St. Louis. He has also produced national shows for ESPN Radio including GameNight and the Dan Patrick Show. You can find him on Twitter @SportsRadioPD or reach him by email at JBarrett@sportsradiopd.com.
Doug Gottlieb: Nobody Cares About World Cup Once USA’s Eliminated
“I’m sure people in the soccer world are still talking about the World Cup. But zero people I know in real life are talking about the World Cup today.”
The United States has been eliminated from the 2022 World Cup, and FOX Sports Radio host Doug Gottlieb believes that will return the sport back to its usual place inside the sports media landscape.
“I’m sure people in the soccer world are still talking about the World Cup,” Gottlieb said on his In The Bonus podcast Monday. “But zero people I know in real life are talking about the World Cup today.
“You can tell me how big soccer is in the world — and I’m not gonna dispute it — and you can tell me we’re doing better in the world than we’ve ever done — and I’m not gonna dispute it, it’s fine — but the fact is that as soon as that match was over we went from a couple of hours of soccer guy, or writer guy who’s really a soccer guy at heart, talking about should we change coaches, tactics, players, or whatever, and then it’s over. I don’t know who won and I don’t care.”
Gottlieb later added that soccer has been “the sport of the future” for his entire life, but added that college basketball is going on right now, and it isn’t on the national sports radar, either.
Jon Marks Working Without At Contract at WIP
WIP is currently in the midst of changes to its lineup due to the upcoming departure of legendary morning host Angelo Cataldi.
94WIP afternoon host Jon Marks has revealed he is working without a contract.
A report from CrossingBroad.com claims Marks mentioned the development on the air two weeks ago, and Marks confirmed the news when the outlet asked him for comment.
He did not, however, wish to say much more about the situation. WIP is currently in the midst of changes to its lineup due to the upcoming departure of legendary morning host Angelo Cataldi.
In late October, the station announced the current midday show of Joe DeCamara and Jon Ritchie would replace Cataldi in the mornings. Longtime morning co-host Al Morganti will remain with the station but will no longer be heard in mornings once DeCamara and Ritchie take over. Anchor Rhea Hughes will stay in the morning timeslot.
The station has yet to name a new midday show to replace DeCamara and Ritchie. Marks is currently teamed with former NFL linebacker Ike Reese from 2:00-6:00 PM. The two were paired together in 2017.
Boomer Esiason Wonders If Joe Buck Was Criticized Before Energetic Monday Night Football Open
“Maybe he was doing that emphatically because somebody criticized him as flat or something.”
Monday Night Football got off to an energetic start last night, with the usually reserved Joe Buck showcasing an exuberant attitude while discussing the weather and the fact that the calendar has already flipped to December. WFAN morning host Boomer Esiason wondered if there was an ulterior motive to Buck’s raucous start.
In addition to the energy exuded by the Monday Night Football announcer, Buck nearly howeld in excitement as the network showcased Tom Brady’s usual scream of “Let’s F—ing Go!”, by shouting “Yeah! Let’s go! I can’t say one of those words!”
The excitement was noticed by Boomer & Gio update anchor Jerry Recco who played the audio for the show, with Boomer Esiason wondering if Buck was proving a point to someone.
“Maybe somebody told him he was too downcast the previous broadcast,” Esiason wondered. “Maybe he was doing that emphatically because somebody criticized him as flat or something.”