Skip to content
Subscriber Only

Walt Disney, Time Warner Said to Renew NBA TV Contracts

Updated on

Walt Disney Co. and Time Warner Inc. renewed their contracts to carry National Basketball Association games through the 2024-25 season, tripling payments to the league and locking in coveted live sports programming before other networks could bid.

The NBA will receive $24 billion over nine years, said a person familiar with the matter, who asked not to be identified because the terms are private. Time Warner’s TNT and Disney’s ESPN and ABC networks pay the NBA about $930 million a year combined in a deal that was set to expire at the end of 2015-2016 season.