Headlines

Report: Nets, YES Network Close to New Media Rights Deal

Disclosure
We independently review everything we recommend based on our strict editorial guidelines. When you buy through our links, we may earn a commission. Learn More
Mikhail_Prokhorov_Nets_2014_USAT1

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