Just months after the Los Angeles Lakers brokered a deal that will pay the franchise handsomely to be the anchor of a new regional sports network in that city, the Boston Celtics are near their own blockbuster deal.
The Celtics and Comcast Sports Net New England (CSNNE) are close to a 20-year extension of their deal, one which would give the Celtics part ownership of the regional network, reports the Sports Business Journal.
The Boston Celtics, one of the NBA’s storied franchises, are finalizing a lucrative media rights package with Comcast SportsNet New England that will extend their current deal by 20 years with a big jump in its annual rights fee, as well as give the team a stake in the network.
Multiple sources said that the Celtics and Comcast are close to a long-term media rights deal despite the NBA lockout that has thrown the league into economic uncertainty….
The proposed deal, which could be finalized in the next few weeks, would extend the Celtics’ media deal to 2038 from the current agreement that runs through 2017. In addition, the team would take up to a 20 percent equity stake in the regional sports network (RSN) and receive a healthy increase in its annual rights fee. The Celtics currently get between $15 million and $20 million annually, which is considered below market for such a strong franchise.
You can be sure that the players union is taking note of this as the discussions of a new labor deal move very slowly forward. One of the union’s arguments is that the owners need to do a better job sharing revenue to help lift up the franchises not making money (currently none of the local broadcast rights fees are shared).
In addition, this is why the players have fought to keep their take as a percentage of league revenues (the old deal had it at 57 percent of the gross, the players have offered to drop to 54 percent but the owners want much more steep cuts and to move away from a guaranteed percentage). Both local and national broadcast rights for the NBA are expected to increase in the coming decade and the players want to make sure that they get a portion of that revenue.
HOUSTON (AP) Stephen Curry scored 32 points, Klay Thompson had 25 and the Golden State Warriors built a big lead early and held on for a 113-106 win over the Houston Rockets on Tuesday night.
The Warriors scored 37 points in the first quarter and never trailed on the way to their eighth straight victory and 60th this season.
Golden State led by eight after a pair of free throws by Curry with just over three minutes left. Patrick Beverley countered with a tip-in layup for Houston, then was fouled when he was knocked to the ground on a screen by Draymond Green seconds later.
James Harden missed a layup on the next possession before Green added a shot on the other end to put the Warriors up 107-99.
Another layup miss by Harden followed, and Curry made a 3-pointer with 1:46 left to send fans streaming to the exits.
There was a scary moment during the matchup between the Golden State Warriors and Houston Rockets on Tuesday night. During a change of possession, Houston’s Trevor Ariza and and Golden State’s James Michael McAdoo got tangled up and fell together on the floor.
McAdoo was under Ariza and wound up getting his head slammed into the hardwood. He was immediately taken off the floor and sent to the locker room.
The NBATV broadcast said McAdoo received stitches but did not test positive for a concussion. He is averaging 8.7 minutes, 2.9 points, and 1.7 rebounds per-game for the Warriors.
Jusuf Nurkic did not enjoy his time as a member of the Denver Nuggets. His trade to the Portland Trail Blazers in exchange for Mason Plumlee was a welcome change of scenery.
On Tuesday night, Nurkic got to take on his old team with huge playoff implications at stake. Portland beat the Nuggets, 122-113, moving a game ahead of their rivals in the race for the No. 8 seed in the Western Conference and giving them the best tiebreaker between the two.
Nurkic was impressive, blasting his old squad with 33 points on 12-of-15 shooting, adding 16 rebounds, three blocks, and two assists.
Nurkic was interviewed in the arena after the game, and he was obviously happy he helped his team while also sticking it to Denver. Speaking with Portland reporter Brooke Olzendam, Nurkic took one last shot at the Nuggets, telling them to enjoy their summer.
Nurkic quite possibly sent the Nuggets packing for the year with the game at the Moda Center on Tuesday, so he might have been the guy who helped start their summer.
Still, that is ice cold.
Miami Heat forward James Johnson is one of the NBA’s best in-game dunkers. On Tuesday night against the Detroit Pistons, he yammed down a huge one-handed slam that embarrassed Marcus Morris and drew gasps from the crowd at the Palace.
The play came midway through the fourth quarter with Johnson at the top of the key. After a quick pass over to him, Johnson gave a quick hesitation before driving to his left and past his defender.
With the quick step, Johnson’s only remaining opponent at the basket was Morris, who was unfortunate enough to find himself between the high-flying Heat and the rim.
This is what happened next:
Morris was whistled for a foul on the play.