French Open, TNT Sports agree to 10-year, $650 million deal: Sources

Executives familiar with the agreement said that Warner Bros. Discovery has a 10-year, $650 million contract to be the new home of the US French Open starting in 2025. The athlete.

The move comes as WBD, home of TNT Sports, is in the midst of negotiations with… NBA Where you try to hold on to some gaming rights. TNT Sports executives said they would seek outside rights regardless of whether they retain the NBA or not.

The agreement between the French Open and TNT Sports was first reported by Variety. A TNT Sports spokesperson declined to comment.

NBC has been the longtime home of the Open, which it currently shares with Tennis Channel. NBC’s current 12-year agreement averages $12 million annually, according to sources familiar with the contract.

TNT Sports already owns the European rights to the French Open as it operates the Eurosport pay-TV networks. In the United States, starting next year, the event will be broadcast on the Warner Bros. cable networks. Discovery and Max Network with Bleacher Report serving as its digital hub.

TNT Sports recently struck a deal with ESPN to license College Football Playoff first-round and quarterfinal games over the next five years.

While the NBA has been a crown jewel for decades, TNT Sports also features the NCAA Championship, MLB Playoffs, and NHL postseason and nascaramong other properties.

Meanwhile, NBA and TNT Sports executives remain in touch. like The athlete First reported in April, the league entered into a framework agreement with a new partner, Amazon Prime Video, for $1.8 billion annually. ESPN also has an outline of a $2.6 billion per-season agreement, while NBC is willing to pay $2.5 billion.

The NBA and TNT Sports have stayed in touch. TNT Sports President David Zaslav has publicly stated that he may try to call up the matching rights to retain the NBA. Commissioner Adam Silver on Thursday described the issues as “complex.” While the NBA prefers three partners, there is a chance the league could try to avoid any legal confrontations by putting together a package for the regular season with a small tie-breaker bid to finalize all deals.

Either way, Zaslav and TNT Sports president Louis Silbrowasser continue to make deals to add diversity to its offerings in the United States.

(Photo: Julian Finney/Getty Images)

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