A deal gives the company access to NBA content and rights in parts of Northern Europe and Latin America. Turner will license “Inside the NBA” to ESPN.

Warner Bros. Discovery (NASDAQ:WBD) and the National Basketball Association have agreed to settle their legal dispute over television rights, The Wall Street Journal reported late Saturday, citing people familiar with the matter.

The National Basketball Association and Warner Bros. Discovery are taking their court battle over B-ball TV rights out of the courts. While nothing has been filed yet in New York State court system, Adam Silver-led NBA and the David Zaslav-run WBD have reached a deal to end their months-long legal dispute,

The lawsuit, filed in July by Warner Bros. Discovery and its sports division, Turner Broadcasting System, stemmed from the NBA awarding broadcasting rights to Disney’s ESPN, Comcast-owned NBCUniversal, and Amazon.com in an 11-year deal valued at $77 billion.

Warner Bros Discovery has resolved its breach of contract lawsuit against the NBA, securing rights to NBA content for the next decade. This settlement avoids a prolonged court battle, and Warner Bros Discovery has also licensed 'Inside the NBA' to ESPN and ABC for the upcoming season.

CNBC’s Alex Sherman confirmed the deal and said that the Inside the NBA talent will remain TNT Sports employees and can be used on future Warner Bros. Discovery sports programs. That means you’ll still see Ernie Johnson and Charles Barkley for March Madness coverage, for example.

Nov 2024 - Warner Bros Discovery has reached a settlement with the NBA, resolving a legal dispute over TV rights and securing an 11-year agreement to retain its presence in professional basketball, albeit with reduced domestic broadcasting privileges.

Warner Bros Discovery has settled its breach of contract lawsuit against the National Basketball Association (NBA), the Wall Street Journal reported on Saturday, citing people familiar with the matter.