NBC Prepares for Those NBA Economics

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Local broadcast executives are particularly annoyed about the Peacock element of Comcast’s NBA deal: They know that Comcast executives so vastly outbid their competitors because they wanted to use the NBA to grow the streamer. Photo: Maddie Meyer/Getty Images
John Ourand
August 9, 2024

Soon after Brian Roberts surprising and carefully crafted decision to bid $2.5 billion per year for NBA rights—a number that blew his competitors, Warner Bros. Discovery and C.E.O David Zaslav, out of the water—the media narrative quickly turned to how the league could help boost Peacock and become shrewdly amortized across two large weekly primetime windows on NBC. But media business veterans, who know that the Comcast C.E.O.  is a savvy negotiator and a P&L viper, also assumed that Comcast and NBCU would be using the rights package as leverage in downstream negotiations with partners and distributors.