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NBA Rejects Warner’s Bid to Stay in Basketball, Signs Deals With Amazon, Disney, NBCU
The NBA rejected Warner Bros. Discovery's bid to keep a package of basketball games under a new contract, spurning a bid to match an offer from Amazon
The basketball league on Wednesday rejected Warner’s effort to shoulder its way in to a new set of rights packages already crafted for Amazon, Disney and NBCUniversal, all of which are slated to begin after the 2024-2025 season. Rights packages have already been negotiated that would have Disney pay approximately $2.6 billion per year under a new 11-year contract for a smaller passel of games than it currently enjoys, according to people familiar with the talks. Executives at Comcast, NBCU’s parent, on Tuesday hinted that the NBA’s chosen partners are growing restless at the delay sparked by Warner’s efforts to remain on the court.
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