NBA announces TNT, Warner Bros. Discovery did not match agreement with Amazon Prime; WBD vows to take ‘appropriate action’

Is this the end of the NBA on TNT? (Photo by Kevin Winter/Getty Images for Turner Sports)

After TNT announced on Monday that it submitted a matching offer to retain its NBA broadcast rights and its intent to continue producing the beloved studio show “Inside the NBA,” the NBA responded Wednesday.

The league said in a statement that Warner Bros. Discovery did not match the new 11-year, $1.8 billion annual contract the NBA agreed to with Amazon.

“Warner Bros. Discovery’s most recent proposal did not match the terms of Amazon Prime Video’s offer, and therefore, we have entered into a long-term arrangement with Amazon,” the statement reads.

“Throughout these negotiations, our primary objective has been to maximize the reach and accessibility of our games for our fans. Our new arrangement with Amazon supports this goal by complementing the broadcast, cable and streaming packages that are already part of our new Disney and NBCUniversal arrangements. All three partners have also committed substantial resources to promote the league and enhance the fan experience.

“We are grateful to Turner Sports for its award-winning coverage of the NBA and look forward to another season of the NBA on TNT.”

WBD, TNT vow to fight NBA’s decision

WBD issued a response to the NBA Wednesday afternoon declaring that it doesn’t “believe the NBA can reject” its offer. It vowed to “take appropriate action.”

“We have matched the Amazon offer, as we have a contractual right to do, and do not believe the NBA can reject it,” the statement reads. “In doing so, they are rejecting the many fans who continue to show their unwavering support for our best-in-class coverage, delivered through the full combined reach of WBD’s video-first distribution platforms — including TNT, home to our four-decade partnership with the league, and Max, our leading streaming service.

“We think they have grossly misinterpreted our contractual rights with respect to the 2025-26 season and beyond, and we will take appropriate action. We look forward, however, to another great season of the NBA on TNT and Max including our iconic Inside the NBA.”

What’s next isn’t clear.

The…

Source link : https://sports.yahoo.com/nba-announces-tnt-warner-bros-discovery-did-not-match-agreement-with-amazon-prime-wbd-vows-to-take-appropriate-action-215205193.html

Author : Yahoo Sports

Publish date : 2024-07-24 21:52:05

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