How the 2018-19 NCAA Tournament could affect ESPN’s NBA TV contract
The NBA’s bid to reach the 2019-20 season with its live TV streaming service has already come under fire.
And with the NBA TV rights agreement set to expire at the end of the year, the sports media giant has no choice but to explore other options.
A league source told ESPN.com that the NBA has made an offer to ESPN that includes the ability to buy the rights to the 2019 World Series and a possible 2024 Summer Olympics.
That’s according to a person with knowledge of the negotiations who spoke on condition of anonymity because the person is not authorized to speak publicly.
The source said the NBA’s offer includes “significant” money and the possibility of a return on investment.
The NBA is also willing to pay an amount that is “reasonably close” to the value of a 2019 World Cup bid, which would be worth $50 million, the source said.
That number would make the 2019 bid even more attractive to the NBA, according to the person.
The source spoke on the condition of confidentiality because the negotiations are confidential.
The 2019 World Tour, which has been set to begin in 2020, would become the first World Cup with the 2019 NBA.
ESPN also would get access to the tournament’s live broadcasts.ESPN is expected to make a decision about whether to make the 2022 World Cup its first bid in 2024 in the next few weeks, and ESPN could make that decision before then.
The 2024 Summer Games would mark the first time an international sports event has been played at an Olympics since the 1972 Beijing Summer Games, which drew over 100 million spectators.
The 2018-2019 NBA season has been delayed twice because of the NBA lockout.
The 2020-2021 season is expected in late August.