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NBA To Land Huge Rights Deal

Jason Barrett

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The NBA and its network partners expect to reach an agreement in principle on new long-term media deals by the start of the regular season, according to sources on all sides of the discussions.

Talks have progressed so rapidly that details are emerging on a massive agreement that would see the league’s annual rights fee more than double, with ESPN and Turner combining to pay more than $2 billion per year on average. One source said ESPN already has committed to pay “well over” $1 billion per year, and Turner is not far behind for a media rights extension that would kick in with the 2016-17 season.

As part of the current eight-year deals that end in June 2016, ESPN pays $485 million per year and Turner pays $445 million per year on average, bringing the league’s total take at just less than $1 billion per year.

But that figure would be dwarfed in a new deal that several sources pegged as an eight-year pact, though one source with knowledge of the talks said it ultimately could end up running nine years.

A final deal might not be signed or announced before the new season, but talks with ESPN and Turner are advanced enough that sources said there is little chance the NBA will carve out a third package for another network, like Fox Sports or NBC Sports. ESPN, in particular, has been adamant during negotiations that the NBA not develop a new package to sell to a competitive sports network, sources said.

The NBA cannot talk to other networks until the middle of next year, when ESPN and Turner’s exclusive negotiating window runs out. Barring an unforeseen snag in the ongoing negotiations, all sides expect new deals to be signed well before that happens.

The new agreements are expected to mirror the current ones in many ways. While many believe the league and its TV partners could fashion an agreement by the season opener on Oct. 28 — with a formal announcement likely to come weeks or even months later — several issues are left to be resolved, such as what to do with live streaming rights. The NBA wants to explore the NFL’s model, where streaming rights are sold separately. The NFL sold streaming rights to Verizon as part of a four-year, $1 billion deal that runs through the 2017 season. ESPN and Turner are balking at such a plan, saying that they need streaming rights to the games they produce.

One network source called a separation of those rights a “nonstarter.”

Streaming rights have been part of every TV rights deal (other than in the NFL) for the past several years, and the cable industry’s TV Everywhere streaming push continues to be a priority for networks and distributors.

While the league wants to retain control over its live streaming rights, one source said any new deal will likely include additional digital rights to the networks.

“That includes more video highlights and digital packages,” the source said.

The league and networks have reached broad agreement on several points. ESPN will retain rights to the NBA Finals championship series, which will remain on ABC. Turner will keep its exclusive Thursday night franchise and NBA All-Star Game coverage.

Turner also will continue to manage the NBA’s digital assets, which include NBA TV, NBA League Pass and NBA.com. Over the past 18 months, other properties, such as NASCAR and the PGA Tour, have taken their digital rights back from Turner. But it would be more difficult for the NBA to take its digital rights back since they are combined with NBA TV and with League Pass, the league’s out-of-market package.

The new agreements would represent a coup for NBA Commissioner Adam Silver, who viewed the media deals as a top priority when he took over for longtime commissioner David Stern in February.

League and network executives declined to comment, but Silver hinted at the scope of the forthcoming deals at an industry conference in New York last week, saying, “The rights are going to go up, and go up a lot.”

For more visit the Sports Business Journal where this story was originally published

Sports Radio News

Charles Barkley: ‘I Want to Be on TV Less’

“His contract with Warner Bros. Discovery runs through 2024-25.”

Jordan Bondurant

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Charles Barkley

It’s possible you could see Charles Barkley appearing occasionally on CNN.

Reports from The Wall Street Journal and Variety this week indicate the cable news network is close to finishing a deal that would have Gayle King on the network. Rumors have said that the network would like to have Barkley join her, but Barkley says nothing is decided on his end.

In an appearance on Bickley & Marotta on Arizona Sports on Tuesday, the Suns legend and NBA on TNT analyst said he and King are friends so this wouldn’t be a situation where the duo would be coming in green.

“I’ve gotten to know her well through the years through my relationship with Oprah (Winfrey) and she’s just cool,” Barkley said. “I said, ‘I would consider doing a show with Gayle, one day a week starting in the fall.'”

But Barkley, 60, reiterated what he’s made known for a while now: he doesn’t plan on sticking around in the TV business for too much longer. His contract with Warner Bros. Discovery runs through 2024-25. So this CNN opportunity could be pretty limited in scope, which is what Charles desired.

“It’ll only be one day a week if I decide to do it,” Barkley said. “I said, ‘No, I don’t want to be on TV more. I want to be on TV less.'”

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John Kincade: Thursday Night Football Flex Vote About ‘Licking Jeff Bezos’s Boots’

“For these billionaires to be licking his boots? Embarrassing. They can’t do this. It’s obnoxious.”

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John Kincade

A report claims that at the NFL owners meetings, a proposal to give the league the ability to implement flex scheduling for Thursday Night Football was proposed. 97.5 The Fanatic’s John Kincade was flabbergasted at the idea.

The proposal would allow the NFL to move scheduled games in the final weeks of the season from Sunday to Thursday. The league would also have to change the rule that teams could only play one Thursday Night Football game per season to accommodate the change.

During The John Kincade Show Tuesday, the host claimed that even considering the idea was simply a matter of the owners kowtowing to Amazon owner Jeff Bezos, whose company — Prime Video — broadcasts the package.

“They’re licking Jeff Bezos’s boots,” Kincade said. “I can only imagine buddies running trips and fans go ‘Ok, I’m going to the Eagles game on Sunday. I’m flying in Friday, spend two nights in a hotel, and fly out Monday’. Oh no you’re not, the game’s been moved to Thursday night. This is freaking ridiculous, and shining Bezos’s shoes is freaking embarrassing. For these billionaires to be licking his boots? Embarrassing. They can’t do this. It’s obnoxious.”

Kincade continued by marvelling at the idea even being floated to the public.

“To me, it’s just such a dumb idea. But sometimes those things happen in sports.”

The 97.5 The Fanatic host is not the only sports media member who has shared their displeasure with the proposal this week. Monday Morning Quarterback’s Peter King aired similar sentiments, saying “We can all agree this seems insane.”

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Sports Radio News

Mike Francesa: BetRivers Podcast Is Enough For Me Right Now

“I’ve had a couple offers in the last couple of months. I’ve turned them all down. Anybody that’s asked me for steady work or to do something Monday through Friday I’ve said no.”

Jordan Bondurant

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Mike Francesa

If you were hoping to catch Mike Francesa hosting a daily TV or radio show in the future, that ship has likely sailed.

Asked by a listener on his Mike Francesa Podcast if he would go back to doing a show on television similar to his Mike’d Up program on NBC New York, Francesa said it’s not in his future.

“I would doubt it,” he said on his Monday episode. “At this point, I’m not as visible. So it wouldn’t make as much sense as having me now as it would then. And frankly, I’m doing what I do now, and I love doing it.”

Francesa reunited with his former WFAN co-host Chris “Mad Dog” Russo on ESPN’s First Take back in January, but Mike said the podcast he’s doing for the BetRivers Network checks all the boxes of what he’s looking for work-wise at the moment.

“It’s actually enough,” he said. “I’ve had a couple offers in the last couple of months. I’ve turned them all down. Anybody that’s asked me for steady work or to do something Monday through Friday I’ve said no.”

“It would have to be something very unusual for me to do on a regular basis,” he added.

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