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Home»Sport»WNBA’s media rights deals set league up to receive $2.2 billion over next 11 years: Sources
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WNBA’s media rights deals set league up to receive $2.2 billion over next 11 years: Sources

u1news-staffBy u1news-staffJuly 17, 2024No Comments2 Mins Read
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of WNBAThe league’s next national media rights deal is taking shape. The league is on track to receive about $2.2 billion in rights fees over the next 11 years, an average of $200 million per year, with room to make more over that time, according to a league source briefed on the deal.

of NBA The WNBA recently negotiated new rights deals with Disney, NBC and Amazon, reaching an 11-year deal worth approximately $75 billion. The WNBA’s national media rights deals are also with these companies, and ESPN, NBC and Amazon will each have their own WNBA packages.

NBA Board of Governors They approved the media rights deal on Tuesday. However, TNT’s parent company, Warner Bros. Discovery, claims it has rights comparable to the NBA’s broadcasting rights package but has not yet decided whether to exercise them, so nothing is official yet.

The WNBA’s current media contracts, worth about $50 million per year, are with Disney, Aeon, CBS and Amazon and are set to expire after the 2025 season. The new contract allows room for the WNBA to acquire new partners, so the new rights fees could be as much as six times the league’s current media rights fee. The league is looking to sell two additional rights packages on top of the ones it already has, bringing in a total of $60 million per year from those additional deals.

That would allow the WNBA to ride a wave of increased interest and media spending for the league and women’s sports overall. Northwest I started New Media Rights Deal This year, the four-year deal is due to pay $240 million. The WNBA’s next contract could exceed that amount annually, even surpassing Commissioner Cathy Engelbert’s expectations for the league. Ms. Engelbert said earlier this year that she would like to at least double the WNBA’s broadcast rights fees.

The WNBA will surpass that. It also has some built-in protections in case the WNBA continues to thrive and the rights become undervalued. There is an agreement between the league and its media partners to negotiate in good faith and revisit the rights contracts after three years, potentially resetting the rights price to reflect the league’s growth.

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(Photo: Ethan Miller/Getty Images)

billion Deals league media receive rights set Sources Sports Business WNBA WNBAs years
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