http://probasketballtalk.nbcsports....ay/?utm_source=twitterfeed&utm_medium=twitter The info to be released here will likely have interesting cap implications, perhaps as soon as for summer 2015. The NBA's current national TV deals have a couple more seasons left on it to go. But if the parties are already done negotiating the new one to come after the current one, Zach Lowe mentioned that the salary cap numbers (and perhaps even the TV $ itself) and be structured so that the expected salary cap increase be "phased in" over a couple seasons so that we get 2 or 3 of medium-big jumps over the next few summers instead of one huge jump after the expiration of the current deal. Specifically, instead of having the cap going from the current $62M to $66M, then $80M then, say, $83M we can have the numbers go from $62M to then $70M, $77M and $83M.
What this have to do with Patrick Patterson or Harden's poor defense Carl Herrera needs a TV deal His channel could be called Punland
Hope TNT retains Thursday Night. Hopefully NBC gets OTA rights, and they have NBC Sports. Wouldn't shock me to see FOX get it either.
ESPN isn't going anywhere... when have they ever lost a sport they wished to retain? (which this is one of them). Meanwhile, NBC just lost the US Open (golf), lost Wimbledon before that, lost the NFL before (and cost them three times as much to get it back), and the NBA before. But hey, they got hockey and the EPL! The NBA, like baseball, is no longer worth it to OTA broadcast networks... as they pay a boat-load for a few regular season weekend games, simply for the rights to show the playoffs.
WatchESPN has been prepared for the cord-cutters for some time now... hell, all the streaming networks out there (HboGO, Showtimeanytime, MaxGo, etc.) are in response to gain potential revenue from cord-cutters who would rather stream.
ESPN lost World Cup Rights. They wanted to keep that. But FOX is the guy to watch. They're trying to buy up rights to everything for FOX Sports 1.
http://online.wsj.com/articles/nba-reaches-long-term-rights-deals-with-disney-time-warner-1412557587 The National Basketball Association reached long-term media rights deals with ESPN majority-owner Walt Disney Co. DIS +1.91% and Time Warner Inc. TWX +2.08% ’s Turner Broadcasting, people familiar with the matter said, more than doubling the fees it received under the previous contracts. The league also laid plans in partnership with ESPN for a new online video service that would show live regular season games, the people said. In a significant move for ESPN, which derives its huge profits from the pay-TV ecosystem, that service will be open to people who aren’t cable or satellite TV customers. The contracts with Disney and Turner will give them the rights to NBA games through the 2024-2025 season, the people said. NBA telecasts will continue on Turner’s TNT, ESPN and Disney’s ABC network, which will continue to show the NBA Finals, one of the people said. Disney has been paying the NBA about $485 million a year under its existing contract, while Turner has paid about $445 million annually. Those deals were set to expire after the 2015-2016 season. The precise value of the new contracts wasn’t clear, but they will be worth at least twice as much as the earlier deals, the people familiar with the matter said. One of those people said that estimate is conservative. NBA Commissioner Adam Silver is expected to announce the media deals in a news conference Monday morning with the next NBA season less than a month away
Like it or not ESPN has a ton of influence. One of the reasons hockey has decreased in popularity is because ESPN lost the rights to it. They won't cover the sport and casuals don't know what is going on in the NHL. nba is smart to keep ESPN as one of its broadcasters.
<blockquote class="twitter-tweet" lang="en"><p>Annual avg value of new NBA deal soars from about $930M to $2.66B. New deal starts after 2015-16 season.</p>— Richard Sandomir (@RichSandomir) <a href="https://twitter.com/RichSandomir/status/518945042921435136">October 6, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>NBA to announce $24 billion/9 year deal w/ ESPN and TNT on Monday. Annual average value nearly 3x current deal.</p>— Richard Sandomir (@RichSandomir) <a href="https://twitter.com/RichSandomir/status/518943729152163840">October 6, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
The WSJ article says the contract will be with ESPN and Turner still. This makes sense given that the current contract has 2 more season left. No way the contract allows the NBA to be reaching new TV deals, or even discuss them, with other networks this early.
Did they? Can you really value something highly that only occurs every 4 years, and is often plagued by tape-delay issues every other occurrence? We already know the Olympic bubble burst a while back... but that does draw more than the casual sports fan in (aka - Women). Soccer is still a niche sport in this country, and other than natives who root for their individual countries, the WC is only popular when the US has a fighting chance. But fine, they lost the world cup rights... but they usually retain/obtain everything domestic.
http://fortune.com/2014/06/12/espn-world-cup-fox/ Fox acquired the 2018 and 2022 World Cup rights in 2011 in a blind auction worth $425 million, more than quadrupling the $100 million ESPN had paid for the 2010 and 2014 television rights. “There is no question that ESPN was in love, wanted to get married, and was left at the altar,” Miller says.
Sure... but do you think ESPN was that much in love to spend 4x their previous bid price? I don't think it was bringing in that sort of advertising revenues... Fox overpaid because they have to get prime programming and events for their cable channels to succeed. Likewise, in this scenario, Fox would have to overpay the NBA by something ridiculous.... but unlike the fluctuating World Cup, NBA ratings and revenue are consistent enough to have a set market value.
I'm curious on estimates for the new salary cap in 2016/17 and beyond. It will explode. Average NBA salaries will leave MLB salaries in the dust. I now doubt there will be a lengthy lockout or strike in 2017. Both owners and players have so much to lose they will reach an agreement. Maybe Steven Ballmer didn't overpay for the Clippers after all. You can bet Prokhorov won't have trouble selling the Nets for at a hefty profit.
Considering the top NBA salaries(23 million) is not much more than Dream and less than Michael was making 15 years. The salaries needed to be adjusted.
The top guy at ESPN made soccer on ESPN a mandate. same article. pay money to make money, or whatever the quote is. Sometimes, you got to overspend. Having the NFL or whatever brand is a big deal to your network.
How does this affect max salaries the next couple of seasons? Such as: Lebron signed a 1 year deal for max dollars. Can Lebron get the benefits of a salary cap jump next season for his next contract?
