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Report: Nets, YES Network Close to New Media Rights Deal
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The Brooklyn Nets are closing in on a new local media rights deal with YES Network that is expected to at least double the team’s average annual fee. The Nets used a contractual “reset” that occurs every five years to an annual average of $40 million, starting with 2017-18 season, according to sources.
Source: John Ourand & John Lombardo of The Sports Business Journal