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.