The NBA is ending its four-decade run of airing games on Atlanta-based TNT.
The league said Wednesday that it is not accepting Warner Bros. Discovery’s $1.8 billion per year offer to continue their longtime relationship, entering instead into a deal with Amazon Prime Video.
That would also suggest the series of media rights deals approved by the league’s Board of Governors last week with Disney, NBC and Amazon Prime Video — 11-year agreements that will be worth about $76 billion — are on the cusp of being finalized, at least from the NBA’s perspective.
WBD had five days to match a part of those deals and said it was exercising its right to do so, but its offer was not considered a true match by the NBA.
“Warner Bros. Discovery’s most recent proposal did not match the terms of Amazon Prime Video’s offer and, therefore, we have entered into a long-term arrangement with Amazon,” the league said Wednesday.