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NBA Commissioner Adam Silver speaks to the media during a press conference as part of the 2022 All-Star Weekend at Rocket Mortgage Fieldhouse on February 19, 2022 in Cleveland, Ohio. Jason Miller | Getty Images Whether it’s two people in a marriage or a company and a sports league, it’s not easy to break up a 40-year partnership. The National Basketball Association and Warner Bros. Discovery‘s Turner Sports have been in business together for nearly four decades. The relationship is now in jeopardy, as Comcast‘s NBCUniversal is attempting to steal away its package of games with a $2.5 billion per-year offer, as CNBC has previously reported. The league ended its exclusive window to renew a deal with its two current media partners, Disney and Warner Bros. Discovery, on April 22. Since then, the league has set a framework to renew with Disney, bring in Amazon as a new third partner, and sell its other package to either Warner Bros. Discovery or NBCUniversal, according to people familiar with the matter. The league stands to triple the total aggregate dollars of a new deal from about $24 billion to $76 billion or more. Warner Bros. Discovery continues to have discussions with the NBA about keeping the rights, according to people familiar with the matter. The league could still decide to simply renew with its incumbent partner, but it’s not likely, said two of the people, who asked not to be named because the talks are private. The more probable path would be for the league to sign papers with NBCUniversal, formally securing its bid. That would trigger a contractual option for Warner Bros. Discovery to match the offer. This is where things might get thorny. Both the NBA and Warner Bros. Discovery have begun poring over legal language to determine if the…

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Filed under: News - @ May 16, 2024 8:26 pm