Walt Disney, Time Warner Renew NBA TV Contracts Through 2025-26
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Walt Disney Co. and Time Warner Inc. renewed their contracts to carry National Basketball Association games through the 2025-26 season, locking in the coveted live sports programming before other networks could bid.
The NBA will receive about twice as much in fees as in the prior contracts, said people familiar with the matter, 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.
The deal will increase the TNT package to 64 games, 52 during its Thursday night coverage throughout the season and an additional 12 “marquee” games that will air during the second half of the season, TNT said in a news release. The network will remain the host of the NBA All-Star Game, and Time Warner’s Turner Broadcasting System Inc. will continue to manage the league’s digital portfolio, increasing NBA programming for its Bleacher Report website.
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