An Update On The NBA’s New Media Rights Deal (+ Why The WNBA's $2.2 Billion Payment Undervalues The Fast-Growing League)
Jul 23, 2024
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Breakdown of the NBA's new $76 billion media rights deal with Disney, Comcast, and Amazon. Discussion on WNBA's $2.2 billion payment undervaluing the league long-term.
The NBA's new media rights deal is worth $76 billion over 11 years, highlighting the importance of audience reach in media partnerships.
The WNBA's $2.2 billion payment undervalues the league's potential growth and may limit future audience expansion.
Deep dives
NBA's New Media Rights Deal
The NBA's board of governors has approved a new media rights deal worth $76 billion over 11 years, involving Disney, Comcast's NBC Universal, and Amazon. Warner Brothers Discovery potentially lost its 35-year relationship with the NBA. The company has a five-day window to match offers, likely aiming to match Amazon's $1.8 billion per year. This deal signifies the importance of considering audience reach in the evolving media landscape.
WNBA's Media Rights Value Increase
The WNBA is set to receive $2.2 billion as part of the broader $76 billion package, which marks a significant increase in its media rights value. This new deal is estimated to raise the average WNBA salary and elevate the league's profile. Despite this growth, concerns arise over the deal's long-term impact, as it undervalues the WNBA's potential growth trajectory and may limit future audience expansion.
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Analysis of NBA's Media Rights Deal & Implications for the WNBA
Today’s podcast breaks down the NBA’s new media right deal, including a look at WBD’s matching process and why the WNBA’s share ($2.2 billion) significantly undervalues the league long-term. Enjoy!
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