Bob Iger has unexpectedly returned as CEO of Disney two years after his retirement. Iger’s return might impression how ESPN bids for sports activities rights.
Whereas MoffettNathanson’s Michael Nathanson didn’t speculate on the long-term destiny of Disney’s linear TV mannequin, he mentioned Iger’s re-ascension was prone to usher in an period of “deep cost-cutting at ESPN,” one which “ought to embody a assessment of all of the upcoming sports activities rights.”
Iger is predicted to be much less interested by spending important cash on low-impact sports activities, however Sportico stories it’s unlikely that ESPN’s anticipated austerity measures will impression extension talks with the NBA. The present deal prices $1.4 billion per 12 months and is due for renewal on the finish of the 24-25 season.
The NBA is predicted to safe as much as $75 billion mixed for its subsequent media rights offers.
