NBA to announce massive $24 billion TV deal
(Image credit: Ronald Martinez/Getty Images)

The NBA on Monday will announce an enormous nine-year, $24 billion deal to continue airing games on ESPN and TNT, according to The New York Times. The deal will go into effect after the 2015-16 season.

The deal will be roughly three times the size of the league's existing TV contract, and a steep increase from what analysts had predicted a new compact would look like. Past estimates predicted the deal would be worth about $2 billion per year; the actual figure is about $2.66 billion.

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Jon Terbush

Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.