The NFL recently signed a massive deal for its TV rights, earning roughly 10 billion per year over the next decade. Now, the NBA is looking to get a similar figure on their next Collective Bargaining Agreement:
“The NBA’s current deal pays over $2 billion per year, and it could increase that figure to $8 billion in its next agreement with partners Turner Sports and ESPN,” reported Jabari Young, according to Hoop Central
“The NBA’s current deal pays over $2 billion per year, and it could increase that figure to $8 billion in its next agreement with partners Turner Sports and ESPN.”
This would mean that teams would have way more money to spend in free agency as the salary cap would definitely go significantly higher. To put it in context, those players who make about $8 million per year could be making $25 million just to come off the bench for 14 minutes a night.
More than that, those who are set to sign max contract extensions could break all kinds of records in their next contracts, and Stephen Curry’s salary of $40 million per year would seem like pocket change.
The NBA is a global phenomenon and the game has reached every single corner, so it’s only natural to think that they should be making even more money on their next deal.
Of course, some will always argue that athletes shouldn’t make that much money but hey, at the end of the day, we’re talking about one of the most lucrative businesses in the world.
Then again, it’s also worth noting that the NBA’s current agreement with Turner Sports will run through the 2024-25 season after they signed a 9-year extension in 2016, so it’s unlikely that they’ll sign a new agreement before the next couple of years, so those in line for a huge paycheck will have to wait a little longer.