ESPN and TNT retained the rights to show NBA games for the next nine years in a new deal announced Monday. The New York Times reports the deal's value at $2.66 billion per year.
The deal takes effect starting with the 2016-17 season and increases ESPN's television, digital, highlights, data, audio and international NBA rights. Games will continue to air on ESPN and TNT through the 2024-25 season.
The announcement was made by NBA commissioner Adam Silver and ESPN president John Skipper.
ABC will remain the exclusive network for the NBA Finals and both ESPN and ABC will combine for up to 44 postseason games, including the conference finals.