Economy

N.B.A. Board Backs TV Rights Deals, but Steps Remain

The National Basketball Association’s Board of Governors has approved a set of agreements for the rights to show the league’s games, Commissioner Adam Silver said on Tuesday, moving one step closer to completing deals that would reshape how the sport is watched over the next decade.

Mr. Silver declined to discuss any financial details or even the companies involved, though there have been reports for months that Disney, Comcast and Amazon were close to deals with the league. TNT, which is owned by Warner Bros. Discovery, has shown N.B.A. games since the 1980s, but its prominent on-air personalities like Charles Barkley talked during the playoffs about how they worried that the network would lose the rights after next season, the last covered by the current nine-year TV deal.

The companies are expected to pay the N.B.A. a total of about $76 billion over 11 years. On average, ESPN would pay the N.B.A. about $2.6 billion annually, NBC around $2.5 billion and Amazon roughly $1.8 billion, according to three people familiar with the agreements, who spoke on the condition of anonymity to discuss the financial details.

The Board of Governors voted to approve the deals at its yearly meeting in Las Vegas. The N.B.A. must now present the deals to Warner Bros. Discovery, and once that happens, the company will have five days to match one of them to remain in the mix.

“We did approve this stage of those media proposals, but as you all know there are other rights that need to be worked through with existing partners,” Mr. Silver said.

Warner Bros. Discovery was expected to try to match Amazon’s offer, according to two people familiar with the company’s thinking, who spoke on the condition of anonymity because of the delicate nature of the negotiations.

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