The NBA will announce its new media-rights partnerships on Monday, October 6, the league announced in a press release. Commissioner Adam Silver will address members of the media at 10:00a.m. Eastern time, and the press conference will be broadcast on NBA TV as well as streamed on NBA.com.
The NBA’s current media deal, which includes partnerships with ESPN/ABC and Turner, is set to expire after the 2015-16 season. While the exact details of the new agreements won’t be known until tomorrow morning, the league is currently expected to sign lucrative extensions with both companies.
The move isn’t surprising, given the success of both ESPN’s coverage of the league (including ABC’s Finals broadcasts) and the league’s extensive partnership with Turner, which includes broadcasts on TNT as well as the Turner-controlled NBA TV. There has been speculation that the fledgeling Fox Sports 1 would be included in the new agreement, but that appears unlikely at this point.
A September report in the Sports Business Journal indicated that the league’s new deals with ESPN and Turner could total more than $2 billion annually.