“Inside the NBA” will continue, even though games will no longer be airing on TNT at the end of this season.
The popular studio show will appear on ESPN and ABC beginning next season as part of a settlement between Warner Bros. Discovery and the NBA that was announced on Monday.
Warner Bros. Discovery, the parent company of TNT Sports, sued the NBA in New York state court in August after the league did not accept the company’s matching offer for one of the packages in its new 11-year media rights deal, which will begin with the 2025-26 season.
Even though “Inside the NBA” will be on ESPN and ABC, TNT Sports will continue to produce the show. It will air from Atlanta, except when the show goes on the road.
The quartet of Ernie Johnson Jr., Charles Barkley, Kenny Smith and Shaquille O’Neal will remain with the show. Barkley signed an extension with Warner Bros. Discovery in August despite the company losing the NBA.
“'Inside the NBA' is universally recognized as one of the best and most culturally impactful shows in sports," ESPN chairman Jimmy Pitaro said. "We have long-admired the immensely talented team and are thrilled to add their chemistry and knowledge to our robust set of NBA studio offerings to super-serve NBA fans like never before. The addition of ‘Inside the NBA’ further solidifies ESPN as the preeminent destination for sports fans.”
“Inside the NBA” will handle pregame, halftime and postgame coverage of the NBA Finals on ABC, conference finals and the NBA Playoffs. During the regular season, it will be part of opening week coverage, as well as Christmas Day, all ABC games after Jan. 1, the final week of the season and other marquee events.
“The opportunity to continue the iconic and Emmy Award-winning ‘Inside the NBA’ is a huge win for basketball fans everywhere,” NBA Commissioner Adam Silver said in a statement. “We look forward to building on our longstanding partnership with TNT Sports and working together to promote NBA content across key WBD and NBA platforms.”
“Inside the NBA” started in 1989, Johnson became the host in 1990 while Smith joined fulltime in 1998. Barkley came aboard in 2000 followed by O'Neal in 2011. The show has garnered 21 Sports Emmy Awards.
ESPN will also continue to produce “NBA Countdown” and “NBA Today."
The settlement gives TNT Sports, Bleacher Report and House of Highlights a global license for NBA content with no rights fee for the next 11 years.
Warner Bros. Discovery will also continue its relationship with the league’s digital operations, including NBA.com, for five seasons. TNT Sports and the NBA have jointly managed NBA Digital since 2009.
Even though TNT Sports will not be airing games in the United States beginning next season, it does have rights to air a full package of games in select countries, including Latin America (excluding Brazil and Mexico), Poland, Denmark, Finland, Norway and Sweden.
TNT Sports will also begin showing 13 Big 12 football and 15 men’s basketball games next season as part of a sublicense with ESPN. TNT will air two College Football Playoff games beginning this season also under a sublicense with ESPN.
Turner Sports has had an NBA package since 1984 and games have been on TNT since the network launched in 1988. That will end after this season.
“Together these agreements ensure fans will continue to enjoy TNT’s ‘Inside the NBA’ and create tremendous value for our entire portfolio as we accelerate the growth of TNT Sports, Bleacher Report, House of Highlights and our global sports business,” Warner Bros. Discovery CEO David Zaslav said in a statement. “We are pleased to partner with the NBA and Disney/ESPN, and to have solidified long-term rights and revenue for WBD.”
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FILE - Inside the NBA host Ernie Johnson Jr., left, and analysts Kenny Smith, center, and Charles Barkley speak on the set at the TNT studios in Atlanta, Feb. 4, 2010. (AP Photo/Erik S. Lesser, File)
NEW YORK (AP) — U.S. stocks are drifting as Wall Street holds steadier after seeing much of its rally following Donald Trump’s presidential victory dissipate. The S&P 500 was little changed in early trading Monday. The index is coming off its worst loss since before Election Day. The Dow Jones Industrial Average was down 95 points, and the Nasdaq composite was up 0.1%. CVS Health rose after adding four new directors to its board. Several big-name companies will be reporting their latest quarterly earnings this week, including market heavyweight Nvidia on Wednesday. Treasury yields held steady in the bond market.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
Trading on Wall Street was quietly mixed early Monday ahead of a set of highly-anticipated earnings reports from some of the nation's biggest retailers.
Futures for the S&P 500 rose just 0.1% before the bell, while futures for the Dow Jones Industrial Average fell back 0.1%.
Walmart, Target, Lowe's and The Gap all report earnings this week and should provide analysts another perspective on how American consumers are spending ahead of the holiday season.
A report Friday showed shoppers spent more at U.S. retailers last month than expected, suggesting consumer spending, the most influential force on the economy, remains solid.
Shares of Elon Musk's Tesla jumped 5.7% in premarket trading Monday after Bloomberg News reported that the incoming Trump Administration is prioritizing loosening regulations for self-driving vehicles.
Tesla, the electric vehicle company that made Musk the world’s wealthiest person, has had repeated skirmishes with the government regulators over recalls and other investigations. Earlier this month, the National Highway Traffic Safety Administration accused Tesla of telling drivers in public statements that its vehicles can drive themselves, conflicting with owners manuals and briefings with the agency saying the electric vehicles need human supervision.
The NHTSA has asked the company to “revisit its communications” to make sure messages are consistent with user instructions.
The AP reported last week that Musk’s super PAC spent around $200 million to help elect Donald Trump.
Chipmaker Nvidia fell 2.2% on reports that some of their AI chips have been overheating. Nvidia reports its latest earnings on Wednesday.
Elsewhere, in Europe at midday, Germany's DAX lost 0.3%, while the CAC 40 in Paris edged 0.2% lower. Britain's FTSE 100 fell 0.1%.
In Asian trading, Japan's Nikkei 225 index dropped 1.1% to 38,220.85 as the yen initially regained some strength against the U.S. dollar after the central bank governor, Kazuo Ueda, indicated that the Bank of Japan will continue to raise interest rates as conditions permit.
The dollar climbed to 155.31 Japanese yen from 154.54 yen late Friday. It had been trading above 156 yen last week.
South Korea's Kospi jumped 2.2% to 2,469.07 after Samsung Electronics, the country's biggest company, announced a share buyback plan. Samsung's shares jumped 6%.
Chinese markets were mixed. The Hang Seng in Hong Kong added 0.8% to 19,576.61, while the Shanghai Composite index shed early gains to close down 0.2% at 3,323.55.
Elsewhere in Asia, Australia's S&P/ASX 200 edged 0.2% higher, to 8,300.20. Taiwan's Taiex lost 0.9% and the SET in Bangkok picked up 0.7% as the government announced that Thailand's economy grew more than expected in the last quarter.
In other dealings early Monday, U.S. benchmark crude oil added 35 cents to $67.37 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude climbed 47 cents to $71.51 per barrel.
The euro bought $1.0539, up from $1.0534 late Friday.
FILE - People pass the New York Stock Exchange on Nov. 5, 2024, in New York. (AP Photo/Peter Morgan, File)
Trader Robert Charmak works on the floor of the New York Stock Exchange, Friday, Nov. 8, 2024. (AP Photo/Richard Drew)
FILE - A person stands near an electronic stock board showing Japan's Nikkei index at a securities firm in Tokyo, on Sept. 18, 2024. (AP Photo/Eugene Hoshiko, File)
FILE - A passerby moves past an electronic stock board showing Japan's stock prices outside a securities firm in Tokyo, on Oct. 11, 2024. (AP Photo/Shuji Kajiyama, File)