HoopsHype Media rumors

October 6, 2014 Updates

With TV and digital revenue more than tripling over the eight-year, $7.4 billion agreements that expire after the 2015-16 season, the financial landscape of the sport will be forever transformed. According to team executives who have crunched the numbers, the windfall could result in a $91.2 million salary cap in 2016-17 -- when LeBron James and Kevin Durant are due to be free agents. That's up from $63.065 million for this coming season and $58.679 million in 2013-14. That's right, the cap jumped 7.5 percent for 2014-15, indicating that the league has been making more money that expected under the 2011 CBA even before the lucrative new TV deals were finalized. CBSSports.com

Basketball-related income -- the revenue pie that determines player salaries -- could jump to $6.7 billion in '16-'17, league sources said. That's up from an estimated $4.5 billion this past season and a $4.7 billion projection for 2014-15. Individual max contracts for players with 10 or more years of service would start at $28.2 million in 2016-17 based on these projections and calculations negotiated in the 2011 CBA. This explains why James signed a two-year deal with a player option for 2015-16 when he returned to the Cleveland Cavaliers as a free agent this past summer. James' current max deal pays him $20.64 million this season. Other prospective free agents such as Kevin Love, LaMarcus Aldridge and Marc Gasol are expected to take the same approach to maximize their earnings under the new TV deals. "Our game has never been better," commissioner Adam Silver said in announcing the new agreements. CBSSports.com

The N.B.A. will receive $24 billion over nine years in deals the league has renewed with ESPN and TNT through the 2024-25 season, according to an executive briefed on the details of the contracts but not authorized to speak publicly. The deals, which will be announced Monday, represent a near-tripling of the annual average rights fees that ESPN and TNT have been paying in contracts that will end after the 2015-16 season. New York Times

The NBA has re-upped with ESPN and TNT on a new nine-year television contract, two people with knowledge of the situation confirmed to USA TODAY Sports. The people spoke on the condition of anonymity because the terms of the deal had not been announced. USA Today Sports

Alex Kennedy: The Clippers' local TV deal only pays them $20 million per year. Some have predicted that number could jump as high as $80 million per year. Twitter @AlexKennedyNBA

October 5, 2014 Updates

Richard Sandomir: NBA to announce $24 billion/9 year deal w/ ESPN and TNT on Monday. Annual average value nearly 3x current deal. Twitter

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