TNT remains interested in extending its broadcast contract with the NBA. The current deal expires after the 24-25 season with Warner Bros Discovery paying $1.2 billion per season.
“We have been able to strike profitable [sports rights] deals and we’re always going to be disciplined,” said WBD chief financial officer Gunnar Wiedenfels. “It’s very easy to lose control over sports rights investments. That’s not what we do. We’re going — we know exactly what value we assign and we stay disciplined during our discussions.
“On the NBA specifically, we’ve had a very, very strong partnership for 40 years, and I certainly hope that we’re going to be able to continue that in the most positive way.”
TNT and ESPN will soon enter an exclusive 45-day negotiating window with the NBA.
