Miami Heat ranked as 8th-most valuable NBA franchiseNBA franchises have seen a significant valuation increase due to media rights deals and sports gambling trends.The average NBA franchise value is approximately $4.6 billion, with the Miami Heat valued at $5 billion.
NBA signs media rights deal with Disney, NBC and Amazon, leaving TNT behindThe NBA signed media rights deals with Disney, NBC, and Amazon Prime Video, excluding Warner Bros. Discovery's offer, leading to a significant revenue increase over 11 years.
JUST IN: NBA Reportedly Finalizes Blockbuster $2.6B Media Rights Deal With NBC, Cuts Ties With 40-Year Rightsholder TNTNBC secures NBA media rights, bumping out TNT after 40 years.
NBA signs media rights deal with Disney, NBC and Amazon, leaving TNT behindThe NBA signed media rights deals with Disney, NBC, and Amazon Prime Video, excluding Warner Bros. Discovery's offer, leading to a significant revenue increase over 11 years.
JUST IN: NBA Reportedly Finalizes Blockbuster $2.6B Media Rights Deal With NBC, Cuts Ties With 40-Year Rightsholder TNTNBC secures NBA media rights, bumping out TNT after 40 years.
W.N.B.A. Players, Bargaining Power Soaring, Seek Expert Advice on Labor DealW.N.B.A. players have significant leverage due to increased popularity and upcoming media rights deal, but union is cautious about opting out of collective bargaining agreement.