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NBA rejects WBD's matching rights proposal, enters into 11-year Amazon deal
Unless WBD is successful in a possible lawsuit against the NBA, this would end a 40-year relationship between the league and Turner Sports.
Third, sources said Amazon — purportedly on its own — inserted "financial security" in its bid by establishing an escrow account in which they guaranteed they would deposit and maintain three seasons of on-time rights fee payments on a rolling basis. The lawsuit could purportedly be filed as soon as Thursday and is not surprising because sources have said NBA Commissioner Adam Silver "100 percent" expected to be sued. But those same sources said Turner erred by letting its exclusive negotiating window pass in March and April without striking a deal and that it turned down a $2.1B annual offer to re-up with the NBA during that time period.
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