from 2016 will receive about 2,000 million per season from the chains that have renewed their rights
The NBA announced the renewal of nine years of their contracts with TV networks TNT, ABC and ESPN, an agreement which, according to American media will trigger the league revenues from 930 to more than 2,500 million dollars per season (almost 2,000 million per year).
The new contracts will start the expiration of the current after the 2015-2016 season, and triple the amounts received by the league issuing their games.
The figures, which have not been confirmed by the NBA, were advanced on Monday by The New York Times and The Wall Street Journal.
As both the NBA will receive a total of $ 24,000 million (19,000 million euros) over a period of nine years, an amount which again highlight the momentum by passing sports broadcasts and comes just days after the NFL also announced a multimillion dollar agreement with DirecTV
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The new agreement increases to 100 the number of regular season games that ESPN and ABC partner, both controlled by the Disney group, issued at national level and 64 which provide TNT. ABC will broadcast the final of the competition, while ESPN / ABC and TNT conference finals will be shared.
In addition, the channels will have new rights to expand its broadcasts on other platforms as mobile and increase their coverage of other competitions such as the women’s league WNBA.
“With these new agreements, our fans continue to enjoy a spectacular coverage and programming offered by ABC, ESPN, TNT, NBA TV and digital platforms, “said in a note the commissioner of the NBA, Adam Silver.
The new revenue will impact future seasons in the players, which explains some of the latest market movements.
Among them, starring the star NBA LeBron James , which this year entered into an unusual two-year contract with the Cleveland Cavaliers to sign one longer term with better conditions once the new television agreements in effect.
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