ESPN is close to securing exclusive TV and streaming rights for the Minnesota Twins and four other teams from 2026 to 2028, which could lead to increased costs for fans due to the need for multiple subscriptions, including ESPN's direct-to-consumer service and MLB.TV.
WWE's $1.6 billion TV rights deal with ESPN has garnered attention on Wall Street, though it hasn't boosted TKO Group's stock, which declined slightly. The deal, which is slightly below expectations in value, includes WWE programming and aims to enhance ESPN's streaming content, with analysts seeing positive implications for future negotiations and streaming growth.
The NBA and Warner Bros. Discovery (WBD) have resolved their legal dispute over basketball TV rights with a new agreement. While WBD's TNT and TBS will lose the rights to broadcast NBA games in the 2025-2026 season, they have secured an 11-year deal to feature NBA highlights and extended content. This content may appear on TBS, TNT, and WBD's digital platforms like House of Highlights and Bleacher Report. The settlement, expected to be finalized by Thanksgiving, also grants WBD NBA rights in Latin America, excluding Brazil and Mexico, and parts of Europe.
Charles Barkley, a prominent NBA analyst on TNT's "Inside the NBA," has expressed concerns about the uncertainty surrounding the network's future broadcasting rights. With TNT potentially losing its NBA deal to competitors like Disney/ESPN, NBC, and Amazon, Barkley could become a sought-after media free agent. However, he has made it clear that he is not interested in taking on extensive commitments if he joins another network, particularly ESPN. Negotiations for the NBA's new media rights deal are ongoing, with no final decisions yet.
NBA commissioner Adam Silver discussed ongoing negotiations for the league's next TV rights deal, with major networks like ABC/ESPN, Amazon, Turner Sports, and NBC Sports in the mix. Despite uncertainty, Silver assured that "Inside the NBA" personalities like Charles Barkley and Kenny Smith will continue covering the NBA. Reports suggest Disney will secure the top package, followed by Comcast/NBC and Amazon.
NBA Commissioner Adam Silver has indicated that the future of TNT's "Inside the NBA" team, featuring Ernie Johnson, Kenny Smith, Charles Barkley, and Shaquille O'Neal, is still undecided amid ongoing negotiations for the league's television rights. Despite concerns, Silver reassured fans that the beloved analysts would continue covering the NBA in some capacity. Charles Barkley expressed frustration over the uncertainty but mentioned potential plans to continue the show through his production company.
NBA Commissioner Adam Silver has stated that negotiations with TNT for broadcasting rights are still ongoing, despite reports suggesting otherwise. While TNT has long held the rights to NBA games, other potential partners like NBC, Disney, and Amazon have shown interest. The future of the popular show "Inside the NBA" remains uncertain, but Silver expects the show's team to stay together regardless of the outcome.
Charles Barkley expressed his frustration over the potential loss of NBA broadcasting rights by TNT, criticizing Warner Bros. Discovery executives for their handling of the situation. Barkley, along with his colleagues from Inside the NBA, faces uncertainty about their future as the NBA is reportedly finalizing new TV deals with NBC, Amazon, and Disney. Barkley has considered continuing the show through his own production company if TNT loses the rights.
ESPN and the College Football Playoff have finalized an agreement granting the network exclusive rights through the 2031-32 season, with a six-year extension worth an average of $1.3 billion annually. The deal includes airing the four new first-round games involved in the expanded 12-team format, with the national championship game moving to ABC beginning in 2026-27. The agreement also allows ESPN to sublicense a select number of games to other networks, potentially involving Fox, NBC, and CBS. The financial terms include uneven revenue distribution among major conferences, with the Big Ten and SEC receiving more than $21 million per school.
The Guardians, Twins, and Rangers have secured a one-year TV deal with Bally Sports for the 2024 season, but it doesn't address the blackout issue. MLB suspended former Mets general manager Billy Eppler as an example for improper injured-list placements. The Twins traded Nick Gordon to the Marlins for left-handed reliever Steven Okert, while Corey Kluber announced his retirement after a career marked by both success and injury.
The SEC will distribute a total of $741 million to its 14 member universities for the 2022-23 fiscal year, amounting to about $51.3 million per school, with an increase of $19.2 million from the previous year. The revenue, primarily generated from television agreements and postseason events, aims to support student-athletes across various programs. The SEC's revenue is expected to grow further with a new TV package and a 12-team playoff, although it still lags behind the Big Ten in terms of distribution and TV rights.
Bally Sports' MLB TV rights for the 2024 season are in jeopardy after a surprise deal with Amazon, making them a minority investor in Diamond Sports and the new home for Bally Sports streaming. The deal, which includes offering live access to MLB, NBA, and NHL games through Amazon's Prime Video channels, has raised concerns for MLB, as they were unaware of the agreement and were in the process of finalizing TV rights. The judge overseeing the bankruptcy will need to approve the deal, leaving uncertainty about the future of Bally Sports and its long-term contracts with NBA and NHL.
The Twins' TV broadcast future for 2024 remains uncertain as a bankruptcy court hearing that could have provided clarity was delayed by 10 days. The hearing will determine parameters for the Twins and 11 other teams to be shown on Bally channels, with negotiations reportedly ongoing between Diamond Sports and some teams, including the Twins. MLB has reportedly rejected Diamond's attempt to bring in Amazon as a financial partner with streaming rights, adding to the uncertainty surrounding the situation.
The bankruptcy hearing regarding the fate of MLB teams' TV broadcasts on Bally regional sports networks has been postponed, indicating ongoing negotiations between MLB and Diamond Sports. The Cleveland Guardians, Texas Rangers, and Minnesota Twins are particularly affected, with uncertainty surrounding their TV revenue as free agency progresses. Diamond Sports holds the rights to 11 MLB teams' TV broadcasts in 2024 and is in negotiations with MLB to determine which teams it will carry. Amazon has shown interest in investing in Diamond, but MLB prefers to deal directly with Amazon for digital rights. The rescheduled hearing is set for January 19 in Houston.
The MLB offseason saw a flurry of transactions, including trades and signings involving Robbie Ray, Mitch Haniger, Anthony DeSclafani, Dakota Hudson, Jacob Stallings, and Luis Guillorme. The Chicago Cubs claimed catcher Brian Serven off waivers, while the Rockies, Braves, and Brewers made strategic additions. Cody Bellinger's agent compared him to historic greats, sparking debate over his free agency value. Meanwhile, NBC Sports Chicago's deal with the White Sox, Bulls, and Blackhawks is nearing its end, prompting discussions about the future of sports broadcasting. The Cubs community mourned the loss of a long-time member, 'Tex', highlighting the close-knit nature of sports fandom.