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The NBA
Acquired
The MBA Isn't a Late Stage Start Up.
In nineteen eighty three, right before stern took over, they had negotiated a new t v deal with a b c that i believe was about twenty million year in terms of payments for national broadcast rights to the m b a as a whole. So now, five years later, in december 19 eighty nine, so five years after stern takes over,. That deal expires, and he and the m b a negotiate a new, too, actually new, four year t v deals with n b c and with turner for eight hundred and seventy five million dollars. And not only ten x on the t v deal, if you just take that revenue, ignore all other revenue sources in the m b...
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