NBA inks $76B media rights deal, paving way for Sonics' return to Seattle

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NBA inks $76B media rights deal, paving way for Sonics' return to Seattle
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It has been reported that the package is worth as much as $76 billion.

FILE - In this Jan. 16, 2007 file photo, the Seattle Super Sonics play the Cleveland Cavaliers in an NBA baseball game at KeyArena in Seattle . KeyArena is getting an appropriate send off Friday, Oct. 5, 2018, with an NBA game being played once again under its roof as the former home of the Super Sonics will see the Golden State Warriors meet the Sacramento Kings in a preseason game. Afterward, the building will be shuttered and remodeled.

On Wednesday, the NBA formally announced it has agreed to the deal for broadcast and digital rights with Amazon, ESPN, ABC, and NBC to carry games through the 2035-36 season.Couldn’t be more excited about the long-term agreement we just signed with the NBA.

NBA Commissioner Adam Silver has suggested that once the new deal was done, the league would turn to expansion “in earnest” in the fall and has previously mentioned Seattle as a potential expansion candidate. Seattle Mayor Bruce Harrell has suggested he will take a more active role on the issue in August and was having weekly meetings to be prepared for the effort.

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