Amazon Prime Acquires NBA Broadcast Package // ESPN/AMAZON/NBC - 11 YEARS $76 BILLION Update Pg. 9

[WuTang_CMB]

larry tantnbaum net worth apx 2.5bil usd
mlse is worth 8+bil.

plus most of his networth is already tied to MLSE; its not like he has much more capital to purchase the rest of it.

MLSE too expensive for him but Larry comes from old money already. Plus he's been a major developer + private equity driver for 30 plus years. He's got other major sources of income besides MLSE holdings. Already purchased Saint Etienne too. He's got a lot of cash to spend in the next 5 years

he sold 5% of mlse to fund his other purchases, wnba/soccer team. he isnt sitting on a pile cash to spend without liquidating more of MLSE.
he is rich from his other businesses, but he is wealthy from MLSE.

he's wealthy from his other ventures as well. The family has been a major brown field developer and built all the subways in Toronto. He's a billionaire from Kilmer not a millionaire. Getting bought out from MLSE will significantly add to his already rich fund he has

[ForeverTFC]

larry tantnbaum net worth apx 2.5bil usd
mlse is worth 8+bil.

plus most of his networth is already tied to MLSE; its not like he has much more capital to purchase the rest of it.

MLSE too expensive for him but Larry comes from old money already. Plus he's been a major developer + private equity driver for 30 plus years. He's got other major sources of income besides MLSE holdings. Already purchased Saint Etienne too. He's got a lot of cash to spend in the next 5 years

he sold 5% of mlse to fund his other purchases, wnba/soccer team. he isnt sitting on a pile cash to spend without liquidating more of MLSE.
he is rich from his other businesses, but he is wealthy from MLSE.

I meant buy the Raptors, not all of MLSE. If we assume the Raptors are 50% of the valuation, he owns 25% of MLSE, that means he has enough capital in MLSE alone to own half the Raptors. Bring in some minority partners and finance another portion of it and you're done.

Rogers and Bell have the option to buy out Larry in '26. Larry should try and walk away with the Raptors if he can.

[douggood]

MLSE too expensive for him but Larry comes from old money already. Plus he's been a major developer + private equity driver for 30 plus years. He's got other major sources of income besides MLSE holdings. Already purchased Saint Etienne too. He's got a lot of cash to spend in the next 5 years

he sold 5% of mlse to fund his other purchases, wnba/soccer team. he isnt sitting on a pile cash to spend without liquidating more of MLSE.
he is rich from his other businesses, but he is wealthy from MLSE.

I meant buy the Raptors, not all of MLSE. If we assume the Raptors are 50% of the valuation, he owns 25% of MLSE, that means he has enough capital in MLSE alone to own half the Raptors. Bring in some minority partners and finance another portion of it and you're done.

Rogers and Bell have the option to buy out Larry in '26. Larry should try and walk away with the Raptors if he can.

i have seen a few people suggest this, split up the 2 major teams. i ask why? the trend has always been to merge teams/operations.
plus who gets scotiabank in the divorce? until there is a 2nd arena there wont be a divorce. no team would want to be the stepchild at the arena.

[ForeverTFC]

he sold 5% of mlse to fund his other purchases, wnba/soccer team. he isnt sitting on a pile cash to spend without liquidating more of MLSE.
he is rich from his other businesses, but he is wealthy from MLSE.

I meant buy the Raptors, not all of MLSE. If we assume the Raptors are 50% of the valuation, he owns 25% of MLSE, that means he has enough capital in MLSE alone to own half the Raptors. Bring in some minority partners and finance another portion of it and you're done.

Rogers and Bell have the option to buy out Larry in '26. Larry should try and walk away with the Raptors if he can.

i have seen a few people suggest this, split up the 2 major teams. i ask why? the trend has always been to merge teams/operations.
plus who gets scotiabank in the divorce? until there is a 2nd arena there wont be a divorce. no team would want to be the stepchild at the arena.

Of course. I'm purely hoping this happens as a Raptors fan who is terrified of having his favorite team be solely owned and controlled by Bell and Rogers. Larry has ultimate decision making rights today, despite being the minority owner.

[douggood]

I meant buy the Raptors, not all of MLSE. If we assume the Raptors are 50% of the valuation, he owns 25% of MLSE, that means he has enough capital in MLSE alone to own half the Raptors. Bring in some minority partners and finance another portion of it and you're done.

Rogers and Bell have the option to buy out Larry in '26. Larry should try and walk away with the Raptors if he can.

i have seen a few people suggest this, split up the 2 major teams. i ask why? the trend has always been to merge teams/operations.
plus who gets scotiabank in the divorce? until there is a 2nd arena there wont be a divorce. no team would want to be the stepchild at the arena.

Of course. I'm purely hoping this happens as a Raptors fan who is terrified of having his favorite team be solely owned and controlled by Bell and Rogers. Larry has ultimate decision making rights today, despite being the minority owner.

larry doesnt have ultimate decision making rights, otherwise wnba would be under mlse umbrella. he is a minority owner who is the public face of he ownership group. decisions are made by the 8 member board. 3 rogers/3 bell/2 Kilmer. and by reports they have to be unanimous in their decisions.

[Yallbecrazy]

I'm trying to figure out what this means for watching the NBA in Canada going forward since I'm seeing conflicting information in different places. I fear this will mean the end of just needing a cable subscription in Canada to watch 100% of Raptor games and 100% of playoff games, that's what it seems like will happen thanks to the NBA bringing Amazon into the picture. If so, it's still unclear as to just what games will end up being lost.

It's just really weird to me that everyone is so concerned with NBC stealing the NBA away from TNT when the real news is Amazon stripping important games away from cable.

Interested in this point as well.

From how the last article I read was written - it seemed like I would need all 3 (Amazon, ESPN, NBC - or CAN equivalents) to watch all playoffs games? If that's the case - I'm out. I'm frustrated enough needing TSN and Sportsnet to watch the games I want + trying to figure out what game is on what. And then finding out I actually needed NBATV Canada to watch the one I wanted.

With Bell/Rogers owning the Raptors it will be a separate deal almost assuredly.

[ciueli]

I'm trying to figure out what this means for watching the NBA in Canada going forward since I'm seeing conflicting information in different places. I fear this will mean the end of just needing a cable subscription in Canada to watch 100% of Raptor games and 100% of playoff games, that's what it seems like will happen thanks to the NBA bringing Amazon into the picture. If so, it's still unclear as to just what games will end up being lost.

It's just really weird to me that everyone is so concerned with NBC stealing the NBA away from TNT when the real news is Amazon stripping important games away from cable.

Interested in this point as well.

From how the last article I read was written - it seemed like I would need all 3 (Amazon, ESPN, NBC - or CAN equivalents) to watch all playoffs games? If that's the case - I'm out. I'm frustrated enough needing TSN and Sportsnet to watch the games I want + trying to figure out what game is on what. And then finding out I actually needed NBATV Canada to watch the one I wanted.

With Bell/Rogers owning the Raptors it will be a separate deal almost assuredly.

I don't think that's how it works, the NBA negotiates TV rights for all 30 NBA teams, we've already seen this in MLB with some Jays games being exclusive to Apple TV and unavailable to watch on Rogers even though they are 100% owners of the team and control local broadcast rights.

[Reeko]

i have seen a few people suggest this, split up the 2 major teams. i ask why? the trend has always been to merge teams/operations.
plus who gets scotiabank in the divorce? until there is a 2nd arena there wont be a divorce. no team would want to be the stepchild at the arena.

Of course. I'm purely hoping this happens as a Raptors fan who is terrified of having his favorite team be solely owned and controlled by Bell and Rogers. Larry has ultimate decision making rights today, despite being the minority owner.

larry doesnt have ultimate decision making rights, otherwise wnba would be under mlse umbrella. he is a minority owner who is the public face of he ownership group. decisions are made by the 8 member board. 3 rogers/3 bell/2 Kilmer. and by reports they have to be unanimous in their decisions.

Unanimous? I had always heard that Larry/Kilmer acted as the tie breaker. This is why the loss of George Cope of Bell was such a big loss for basketball fans. Not to say that Ed Rogers is inherently anti Raptors, but he certainly didn't see the value of upgrading the franchise to the extent that Tanenbaum and Cope did. At least that's been my perception.

[ForeverTFC]

i have seen a few people suggest this, split up the 2 major teams. i ask why? the trend has always been to merge teams/operations.
plus who gets scotiabank in the divorce? until there is a 2nd arena there wont be a divorce. no team would want to be the stepchild at the arena.

Of course. I'm purely hoping this happens as a Raptors fan who is terrified of having his favorite team be solely owned and controlled by Bell and Rogers. Larry has ultimate decision making rights today, despite being the minority owner.

larry doesnt have ultimate decision making rights, otherwise wnba would be under mlse umbrella. he is a minority owner who is the public face of he ownership group. decisions are made by the 8 member board. 3 rogers/3 bell/2 Kilmer. and by reports they have to be unanimous in their decisions.

That's true to some degree when it comes to MLSE matters (though he does have the tiebreaker if Rogers and Bell aren't aligned) but not when it comes down to the Raptors specifically when it comes to team and personnel matters (I don't know about other teams). The NBA stipulates that the team governor (usually the majority owner) has final say on all personnel matters (and I think a few other things related to the franchise). As an example, Rogers did not agree to Masai' contract and Larry over-ruled them. Rogers appealed this decision to the NBA, however the NBA backed Larry.

Tanenbaum and Bell were ready to lock Ujiri down, but, according to two sources close to the MLSE board, Edward Rogers was the holdout.
...
But they still had a way out. Tanenbaum is governor of the Raptors, a position that gives him ultimate power to make a call on personnel issues at the team, a structure designed by the NBA to avoid stalemates between noncontrolling owners of teams. The sources said Tanenbaum preferred to reach compromises with his partners, but in this case, he decided to overrule Rogers and sign Ujiri.

Rogers was furious, the sources said, and he and Staffieri tried to plead their case with NBA commissioner Adam Silver and the league’s general counsel Rick Buchanan. The two NBA officials told Rogers that Tanenbaum had the right to make a call on the contract, according to the sources.

https://www.thestar.com/business/edward-rogers-fought-plans-to-keep-raptors-masai-ujiri-but-was-thwarted-by-mlse-head/article_2abb5319-c18e-583b-9924-7da418c9680a.html

[2019nbachamps]

Larry T can’t afford to buy out MLSE. He’d need to partner with others but he doesn’t have the cash to buy up all the shares. In addition, a huge amount of his net worth is tied up in MLSE. Finally, he’s getting up there in age which would create more uncertainty if had outright control.

[Yallbecrazy]

Interested in this point as well.

From how the last article I read was written - it seemed like I would need all 3 (Amazon, ESPN, NBC - or CAN equivalents) to watch all playoffs games? If that's the case - I'm out. I'm frustrated enough needing TSN and Sportsnet to watch the games I want + trying to figure out what game is on what. And then finding out I actually needed NBATV Canada to watch the one I wanted.

With Bell/Rogers owning the Raptors it will be a separate deal almost assuredly.

I don't think that's how it works, the NBA negotiates TV rights for all 30 NBA teams, we've already seen this in MLB with some Jays games being exclusive to Apple TV and unavailable to watch on Rogers even though they are 100% owners of the team and control local broadcast rights.

TV deals are often national in sports, but all teams share in the revenue. Only MLB pretends Canada doesn't exist.

[ForeverTFC]

With Bell/Rogers owning the Raptors it will be a separate deal almost assuredly.

I don't think that's how it works, the NBA negotiates TV rights for all 30 NBA teams, we've already seen this in MLB with some Jays games being exclusive to Apple TV and unavailable to watch on Rogers even though they are 100% owners of the team and control local broadcast rights.

TV deals are often national in sports, but all teams share in the revenue. Only MLB pretends Canada doesn't exist.

It's the same with the MLB. Apple just bought both US and Canadian rights.

I'm not exactly sure how the NBA manages it's Canadian rights but I believe it's very unlikely Amazon becomes the only option in Canada if/when they get the rights, even if they are international rights. Here is what I was able to find: "With the Toronto Raptors being the only NBA team in Canada, TV rights differ in that country. Games exclusively televised south of the border by ABC, ESPN, TNT, and NBA TV may be simulcast by a Canadian network, but all contests involving the Raptors are non-exclusive north of the border."

"

[PerfectJab]

I feel like Silver's reign will be viewed poorly in hindsight.

How so? Prime video right now without ads, costs 3$/mo. If he finds a way for me to be able to watch the NBA in very good quality, and I don't have to pay Rogers 50-100$/mo for **** TV services and a bunch of crap I don't want, who tf am I to complain.

You can dunk on him for a lot of stuff, I don't understand how this is one of them.

It'll likely be like League Pass where Canadian Raptor's content will not work due to their deals with Robbers. Should be able to bypass these restrictions with VPN.

[greekman]

the tnt games were shown on sportsnet. will the amazon ones also be on sportsnet ?

[Joker]

This may not jive well with some, but I am looking forward to the NBC production.....maybe it's just me looking fondly at my childhood memories sitting on the couch watching triple and quadruple headers, and those Netzero commercials. I would gladly sub TNT in for ESPN, their production sucks and halftime crew is just horrendous (especially since it includes the likes of SAS), give me Chuck + Ernie instead.

ESPN just struggles to have any concept of what viewers look for in an entertaining, likeable and insightful personality. Their answer is like, Jalen Rose

[DatHomieYouHaTe]

Watch on YouTube

Got to bring back the legend Bob Costas and do everything similar. Maybe get a few others and make a dream panel lead by Costas. Chuck will probably jump ship and Shaq too. Draymond can join the team when he retires.

[Chalky_White]

I'm trying to figure out what this means for watching the NBA in Canada going forward since I'm seeing conflicting information in different places. I fear this will mean the end of just needing a cable subscription in Canada to watch 100% of Raptor games and 100% of playoff games, that's what it seems like will happen thanks to the NBA bringing Amazon into the picture. If so, it's still unclear as to just what games will end up being lost.

It's just really weird to me that everyone is so concerned with NBC stealing the NBA away from TNT when the real news is Amazon stripping important games away from cable.

Interested in this point as well.

From how the last article I read was written - it seemed like I would need all 3 (Amazon, ESPN, NBC - or CAN equivalents) to watch all playoffs games? If that's the case - I'm out. I'm frustrated enough needing TSN and Sportsnet to watch the games I want + trying to figure out what game is on what. And then finding out I actually needed NBATV Canada to watch the one I wanted.

If the Amazon NFL games are any indication, then one of TSN/Sportsnet would just simulcast the Amazon broadcast. The international NBA tv rights are normally separate so we'll see how they handle this.

[WuTang_CMB]

As the NBA closes in on a new media rights deal, much of the attention has been on what it means for the league and its teams. But there’s also another beneficiary of the set of deals that will reportedly pay the league an average of $6.9 billion over 11 years: the players.

Those new deals — whether they end up with Warner Bros. Discovery, NBC or Amazon as partners alongside Disney – should more than double the current deals, which are slated to pay the league roughly $3 billion next season in the final year of its contracts with Disney and Warner Bros. Discovery. While not guaranteed, the expectation among team executives is that the salary cap will rise the maximum allowable 10 percent over the first seasons under the new media landscape, which will begin with the 2025-26 season.

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The amount of money set to pour into the league will likely bring about what surely was once considered an impossible feat: the $100 million salary.

NBA players are already amassing wealth like never before. Any player part of the 2022 draft class will have the opportunity to make more than $1 billion alone in NBA contracts, before any endorsements or sponsorship deals. If the cap keeps rising as projected, a player might be able to make that much over the course of two contracts in his prime. Jaylen Brown’s record-setting contract, which could be worth as much as $304 million, could look small by comparison.

The NBA could have its first $100 million salary by the 2032-33 season. That’s assuming a salary cap of $141 million next season, as the league currently projects, and then 10 percent cap-raises after that.

Under that forecast, the salary cap would hit more than $302 million, which would allow a number of players to cross the $100 million threshold. For example, a player in the first year of his supermax contract, which pays 35 percent of the cap, could make as much as $105.79 million during the 2032-33 season — that’s double the league-high $51.9 million Stephen Curry made this season. A player in the second year of a supermax contract that kicked in the season before could make $103.86 million that season. A player in the third year of a supermax contract that began during the 2030-31 season could make $101.41 million.

The size of the contracts will be eye-popping. A five-year supermax deal that begins with the 2030-31 season will be worth $507 million under these estimates. One that begins the next season will be worth $557.78 million. The supermax that kicks in during the 2032-33 season would be valued at $613.56 million.

Projected NBA Supermax Contracts
24-25
$141 million
$49.35 million
$286.23 million
25-26
$155.1 million
$54.29 million
$314.85 million
26-27
$170.61 million
$59.71 million
$346.34 million
27-28
$187.671 million
$65.68 million
$380.97 million
28-29
$206.438 million
$72.25 million
$419.07 million
29-30
$227.082 million
$79.48 million
$460.98 million
30-31
$249.79 million
$87.43 million
$507.07 million
31-32
$274.769 million
$96.17 million
$557.78 million
32-33
$302.246 million
$105.79 million
$613.56 million
Those numbers could be overly generous, of course. Maybe the cap doesn’t go up 10 percent every year, and salaries don’t go up so quickly. While the national media rights could account for roughly 30-40 percent of all basketball revenue when they kick in, the local media revenue seems set to dip — and who knows what other issues might pop up.

[WuTang_CMB]

Some of the most restrictive parts of the new CBA are set to come in next season and the new cap year starts on July 1. They will color how teams act this summer.

Starting with the first day after the just-concluded regular season, teams above the first apron ($172.346 million) can only trade for a player who makes up to the value of the salary they are dealing away. Any traded player exceptions first-apron teams generated over the past year will no longer be usable unless they get back down below the apron.

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Teams above the second apron ($182.794 million) can no longer aggregate player salaries — that provision kicked in with the end of the regular season. Those teams cannot send out their own player in a sign-and-trade, and they can’t send cash in a trade.

The “frozen pick” rule will go into effect next season. If a team is above the second apron on the last day of the 2024-25 regular season, then its first-round pick seven years out (2032) cannot be traded. If that team is above the second apron in two of the next four years, that frozen pick will also be moved to the end of the first round in that year’s draft. A team can unfreeze its pick if it is below or equal to the second apron in at least three of the next four years.

If a team does one of the things listed above, then it will be hard-capped at the apron threshold it has yet to cross.

If a team pulls off a trade between the end of the regular season and the start of the new cap year with a maneuver that is not allowed for teams above the first or second apron, then that team will be hard-capped for the rest of the current salary cap year and the next one. But the new CBA does allow teams some flexibility because that doesn’t kick in until after the 2024-25 regular season; teams can still have their total salaries go above an apron level between the end of the 2023-24 regular season through June 30, 2024 without being hard-capped.

There is also a new concern for teams that don’t hit the salary floor. Starting with the 2024-25 season, teams that don’t hit the floor won’t receive any of the money paid out to non-taxpaying teams.

Beginning on July 1, teams will now be able to use the non-taxpayer midlevel, the room midlevel or the biannual exception to trade for one or multiple players or acquire a player on a waiver claim (the player’s contract can’t exceed the max length allowed by that exception). The exception won’t be able to get aggregated.

Teams will also get more latitude with extend-and-trade contracts. On July 1, those will be able to go up to a total of four years and 120 percent of the prior salary.

[Chalky_White]

This may not jive well with some, but I am looking forward to the NBC production.....maybe it's just me looking fondly at my childhood memories sitting on the couch watching triple and quadruple headers, and those Netzero commercials. I would gladly sub TNT in for ESPN, their production sucks and halftime crew is just horrendous (especially since it includes the likes of SAS), give me Chuck + Ernie instead.

This is an aspect that many are overlooking. NBC's NBA coverage made every game "feel" like a big-time event, even during the regular season. Their NFL coverage is similar. The Sunday night NBC NFL broadcasts are light years better than the Monday Night ESPN/ABC broadcast. Amazon's coverage should similarly be very good. I don't understand Disney's logic in paying billions in TV rights just to produce a garbage product.

Overall, I think NBA fans will end up coming out better even with losing TNT.