The NBA has agreed to terms on its new media deal, a record 11-year agreement worth $76 billion that assures player salaries will continue rising for the foreseeable future.
It will also surely change how some viewers access the world’s top professional basketball league for years to come.
A person familiar with the negotiations told The Associated Press the networks have the terms sheets, with the next step being for the league’s board of governors to approve the contracts. The person spoke to the AP on condition of anonymity Wednesday because they weren’t at liberty to discuss such impending matters.
There is a board of governors meeting in Las Vegas next week, coinciding with NBA Summer League, and it would seem logical that the deals — if they get through various committees and obtain other approvals — may be finalized around that time.
The NBA did not comment Wednesday.