In a major development, London-based streaming platform DAZN will have a major hand in distributing local NBA broadcasts to fans next season.
According to a report by Austin Karp in Sports Business Journal, "DAZN is close to acquiring full exclusive local broadcast rights next season" for five NBA teams formerly under contract with Main Street Sports Group, owner of the now-defunct FanDuel Sports Networks. Those teams are the Minnesota Timberwolves, Cleveland Cavaliers, Indiana Pacers, San Antonio Spurs, and Memphis Grizzlies. Additionally, DAZN is close to securing streaming-only arrangements with the Orlando Magic and "possibly" the Charlotte Hornets.
DAZN will also overtake what is now known as the Gotham Sports app, a joint streaming venture between YES Network and MSG Networks that sells access to local broadcasts for seven New York-area franchises — the Yankees, Knicks, Nets, Rangers, Islanders, Devils, and Sabres.
The news is a culmination of DAZN's nearly year-long effort to break into the local sports broadcast market in the United States. After initially considering a lifesaving merger or acquisition of Main Street, DAZN instead chose to allow the company to collapse and attempt to court local rights for franchises independently. The streamer initially struck out on every MLB team following Main Street's collapse, but is now set to own streaming rights for at least nine NBA clubs, with the possibility of adding the Washington Wizards as a tenth under a non-exclusive streaming deal, per Sports Business Journal.
With the NBA looking to launch a centralized local streaming hub ahead of the 2027-28 season, DAZN will reportedly sign deals that are either one season in length or have mutual opt-out clauses following the upcoming season as teams demand the flexibility to join the league's aggregated local rights solution when it launches. If DAZN or a team invokes an opt-out clause, it will reportedly pay a termination fee unless, in the team's case, DAZN fails to meet certain performance metrics.
#sports #Streaming #season
According to a report by Austin Karp in Sports Business Journal, "DAZN is close to acquiring full exclusive local broadcast rights next season" for five NBA teams formerly under contract with Main Street Sports Group, owner of the now-defunct FanDuel Sports Networks. Those teams are the Minnesota Timberwolves, Cleveland Cavaliers, Indiana Pacers, San Antonio Spurs, and Memphis Grizzlies. Additionally, DAZN is close to securing streaming-only arrangements with the Orlando Magic and "possibly" the Charlotte Hornets.
DAZN will also overtake what is now known as the Gotham Sports app, a joint streaming venture between YES Network and MSG Networks that sells access to local broadcasts for seven New York-area franchises — the Yankees, Knicks, Nets, Rangers, Islanders, Devils, and Sabres.
The news is a culmination of DAZN's nearly year-long effort to break into the local sports broadcast market in the United States. After initially considering a lifesaving merger or acquisition of Main Street, DAZN instead chose to allow the company to collapse and attempt to court local rights for franchises independently. The streamer initially struck out on every MLB team following Main Street's collapse, but is now set to own streaming rights for at least nine NBA clubs, with the possibility of adding the Washington Wizards as a tenth under a non-exclusive streaming deal, per Sports Business Journal.
With the NBA looking to launch a centralized local streaming hub ahead of the 2027-28 season, DAZN will reportedly sign deals that are either one season in length or have mutual opt-out clauses following the upcoming season as teams demand the flexibility to join the league's aggregated local rights solution when it launches. If DAZN or a team invokes an opt-out clause, it will reportedly pay a termination fee unless, in the team's case, DAZN fails to meet certain performance metrics.
#sports #Streaming #season
5 days ago