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NBA Agrees To 9 Year $24 Billion Deal With ESPN & TNT

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  • NBA Agrees To 9 Year $24 Billion Deal With ESPN & TNT

    Higher team salary cap coming soon.

    The NBA has reached agreement on a long-term media rights deal with ESPN and TNT.

    Rich Sandomir of the New York Times reports it will be worth $24 billion over nine seasons.

    The deal will run through the 24-25 NBA season.

    The Finals will remain on Disney's ABC network.

    Disney has been paying the NBA about $485 million a year under its existing contract, while Turner has paid about $445 million annually. Those deals were set to expire after the 2015-2016 season.

    NBA Commissioner Adam Silver is expected to announce the media deals in a news conference Monday morning.
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