Comcast’s NBC Offers $2.5 Billion a Year for NBA, WSJ Reports
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Comcast Corp.’s NBCUniversal division offered the National Basketball Association about $2.5 billion a year for rights to a package of games, the Wall Street Journal reported, citing people with knowledge of the matter.
The offer followed the expiration of exclusive talks the league was holding with Warner Bros. Discovery Inc., the newspaper reported. Warner Bros.’ TNT was unable to reach a new accord with the league before that window closed.