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NBA's Nine-Year Media Rights Deals With ESPN, Turner Worth $24B

ESPN and Turner Sports have completed nine-year deals worth a massive $24B to renew their NBA media rights through the '24-25 season. The deals will be announced during a press conference this morning that will be available on NBA.com and NBA TV. The average annual $2.6B combined payments is much more than double the current deal, which averages around $930M per year. Sources say ESPN will account for about $1.4B per year, while Turner's payment will average around $1.2B. Sources said that the deal prevents other nets, like Fox Sports and NBC Sports, from picking up a third package.

From a television standpoint, the new deal will look a lot like the old deal. See today's issue of THE DAILY for more.

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On this week’s Sports Media Podcast from the New York Post and Sports Business Journal, ESPN’s Jay Bilas talks all things NCAA. Big Ten Network’s Meghan McKeown shares her insight into the Caitlin Clark craze. The Boston Globe’s Chad Finn chats all things Bean Town. And SBJ’s Xavier Hunter drops in to share his findings on how the NWSL is making a social media push.

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SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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