Nets, YES Settle Rights Deal, With Big Bump in Fees, 10-Year Extension
by Net Income on Aug 22, 2011 8:41 AM EDT
in Brooklyn
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PrintSports Business Journal reports that the Nets and YES have quietly settled their local TV rights dispute with the Nets receiving a big bump-up --about double what the team received this season-- and YES retaining the Nets' rights through 2031-32, a ten year extension of their original deal.
The Nets will receive a $20 million-a-year increase immediately with increases through the end of the deal. Previously, the Nets were receiving around $10 million, putting them near the bottom of NBA local rights deals. The Nets have had the NBA's lowest local TV ratings the last two seasons, but the move to Brooklyn should improve them.
SBJ reports, citing sources, that YES and the Nets had been negotiating a new deal earlier this year. They appeared to reach an agreement in February, but Mikhail Prokhorov ordered the Nets to walk away from the deal, resisting the 10-year extension. The team opted to seek an arbitrator to set the price, but the deal was settled without an arbitrator's ruling.
- Settlement puts Nets games on YES Net through 2031-32 - John Ourand & John Lombardo - Sports Business Journal
- Nets Reportedly Sign TV Rights Extension With YES Network, Doubling Annual Revenue - Tom Ziller - SB Nation
- Revised TV deal for Nets doubles current rate, worth at least $200 million; yet another factor ignored in the cost-benefit analyses - Norman Oder - Atlantic Yards Report
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We should make our own network :(
Especially because the Yankees are the number one priority
D12 OR BUST!!!!
by D-Will2Nets on Aug 22, 2011 8:43 AM EDT reply actions 6 recs
i think you mean NETwork.
"Rooting for the Yankees is like rooting for Steve Jobs to win the lotto." - Chris Rock
The NBA - Where 2012 doesn't happen
Patrick Ewing - The NBA's all-time leader in rushing yards
by Taylor Made on Aug 22, 2011 8:50 AM EDT up reply actions 11 recs
Proki is good: walk away! And he means it! Like Melo. He is a shrewd man and I am sure they got the best deal they could. Does yes have a yes2 for the Nets when it conflicts with the Yankees?
Bad deal, considering 10yr extension.
without that extension, Proky could have had the option of starting (10yrs earlier) his own NY-based network anchored by the Brooklyn Nets. 10yrs is a long time and huge opportunity cost.
Proky most likely would have sold the Nets before 2032, so he pretty much have already decided to forgo business option of owning his own sports network.
Avery Johnson can go Outlaw himself.
NETS BASKETBALL…. JUST DEAL WITH IT!
That's great, but how much goes to...
…the former owners of the Spirits of St. Louis?
Hopefully
The contract includes a stipulation that players like Stephen Graham, _______, ________ (fill in many blanks) do not start without invoking a penalty clause. I am surprised YES did not demand a refund for last year.
by ispartan on Aug 22, 2011 9:51 AM EDT reply actions 1 recs
Is the new deal much better than the proposed deal from February that Proky walked away from? If Yes, then Proky deserves 90% credit.
Does Marv Albert get any royalties from YES, because he made the name meaningful back in the early 70’s (lol).
NI,
Will yes not broadcast nets games again as part of the new deal ?
"WE'RE NOT GOING TO WIN A CHAMPIONSHIP BECAUSE SOME GUY COMES IN HERE AND PLAYS LIKE MICHEAL JORDAN, WE'RE GOING TO WIN AS A TEAM"
-COACH AVERY JOHNSON-
by netsrock34 on Aug 22, 2011 10:13 AM EDT via mobile reply actions
LOL
Part of the new deal is that YES pays the Nets $20 Million not to have to show any games…
Now YES will have more air time to spend on their new Yankee-o-graphy series this fall, kicking off with… “AJ Burnett: Special tribute to a Yankee great”
NetsDaily NetsDaily.com
@darooster8 we are a small but intelligent group of superbeings.
Followed by...
Carl Pavano: Money Well Spent
by vincecarter4pres on Aug 23, 2011 2:04 AM EDT up reply actions
YES recently did a deal with a satellite company
to expand its reach. Dont know, but they will have additional capacity if they want.
i have YES but the Nets games are blacked out
by DJ HeavyDuty on Aug 22, 2011 1:48 PM EDT up reply actions
Lucky you...
I had to watch all these Nets games for the past two years.
NetsDaily NetsDaily.com
@darooster8 we are a small but intelligent group of superbeings.
DJ; Why don't you just get NBA league pass...It's not that much money...
Do you have Bright House cable in Tampa ?
NetsDaily NetsDaily.com
@darooster8 we are a small but intelligent group of superbeings.
What the deuce?
Why are the Nets game blacked out?
by vincecarter4pres on Aug 23, 2011 2:05 AM EDT up reply actions
Yes treats the Nets like absolute crap. They also have the worst graphics package on cable. I really wanted them to find a new home.
by power_njerz on Aug 22, 2011 10:30 AM EDT via mobile reply actions
New TV home ?
How about the E channel.
Joan Rivers could host the Nets pregame show.
At halftime we can view clips of the upcoming episode of Kim & Kris show.
Postgame will feature Ian Eagle and Jerry25 discussing all the lasted “dirt” around the NBA…
NetsDaily NetsDaily.com
@darooster8 we are a small but intelligent group of superbeings.
by M I K E on Aug 22, 2011 11:21 AM EDT up reply actions 2 recs
YES HD is pretty damn crisp.
And I love the pregame intro, song, half time show and of course Ask the Announcers.
by vincecarter4pres on Aug 23, 2011 2:07 AM EDT up reply actions
Much better than YES who only like to talk Yankees and mostly Giants.
Meanwhile, SNY is much more balanced. The guys they put on their talks shows are terrible Yankees homers, it is very weird considering the Wilpons own the channel. They also have programs like SportsNite which is like a half hour version of NY sportcenter. They also carry Jets programming. Much more balanced than YES.
Soon to be formerly NetsMets4Life (hopefully).
by NetsMets4Life on Aug 22, 2011 12:49 PM EDT up reply actions
Uhh
it’s like the same as YES. All of them have similar graphics. SNY, YES, MSG, MSG+
Soon to be formerly NetsMets4Life (hopefully).
by NetsMets4Life on Aug 22, 2011 1:02 PM EDT up reply actions
I really could not care less about that type of stuff.
Soon to be formerly NetsMets4Life (hopefully).
by NetsMets4Life on Aug 22, 2011 1:16 PM EDT up reply actions
I’m fine with whatever keeps Ian Eagle calling games.
Timeless - The 2001-2003 NJ Nets
http://www.youtube.com/watch?v=Nima3dmLrcw
by GMJigga on Aug 22, 2011 11:40 AM EDT via mobile reply actions 1 recs
As long as the Nets are no longer pre empted
cool.
Because I will be pissed if a year from now the Nets are in a playoff race and we can’t watch the game because YES wants to show a meaningless early season Yankee game.
if we're a playoff team
they’ll move us to my9 like they did back in ’06
Yup yup.
Never saw the big deal as long as the games were aired.
by vincecarter4pres on Aug 23, 2011 2:08 AM EDT up reply actions
This.
Main reason why I hate YES.
Soon to be formerly NetsMets4Life (hopefully).
by NetsMets4Life on Aug 22, 2011 12:08 PM EDT up reply actions
bc.tv
Soon to be formerly NetsMets4Life (hopefully).
by NetsMets4Life on Aug 22, 2011 12:42 PM EDT up reply actions
Agree. The 10yr extension is bad for Proky
Avery Johnson can go Outlaw himself.
NETS BASKETBALL…. JUST DEAL WITH IT!
Im Happy
I always liked YES. Notice, when we were good, our games would be picked up by channel 9 when the Yanks were playing. We have SUCKED. If you run a network, do you air the Nets for the 20 nets fans, or the bazillion Yankee Fans? The Nets have to get better.
No, there was no excuse to not air that game when Deron hit that game winner
I think that was this game:
http://www.youtube.com/watch?v=O-x_VKeewxg
When you acquire a player that big it’s ridiculous not to at least put it on an alternate channel like My9. That game wasn’t aired at all.
And a side note about that video, was that Sussman on the mic as the PA guy? If so, the Nets need to stop having him as the PA guy. That was an awful call. He does not have a good voice whatsoever. Him and Marco G need to get restraining orders from all microphones worldwide. I am sure that they will have someone new in Barclays.
Soon to be formerly NetsMets4Life (hopefully).
by NetsMets4Life on Aug 22, 2011 12:54 PM EDT up reply actions
I guarantee that wont happen next year
The Nets will be good next year. I just wish the would make a freakin YES 2!!!!!
Or a Nets channel.
bc.tv
Soon to be formerly NetsMets4Life (hopefully).
by NetsMets4Life on Aug 22, 2011 1:02 PM EDT up reply actions 1 recs
I bet Prokhorov could make that happen
I mean if MSG can have 4 channels I think two of the richest teams in sports can manage a second.
Good
Just got back from vacation and still saving up to get some furniture bit by bit. But the neighborhood and place is awesome.
I just went to visit Barclays with my Uncle a couple days ago. We took pics with his camera though. I’ll post when I get them.
by Anthony Perez on Aug 22, 2011 4:18 PM EDT up reply actions
Seriously
I have no idea how my parents ever bought anything haha.
by Anthony Perez on Aug 22, 2011 4:21 PM EDT up reply actions
Why the negativity?
We just doubled our revenue, which wouldn’t come unless the execs believed the move to Brooklyn was going to significantly enhance who the Nets are as a team.
Are we being negative just to be negative?
Section 18, Row 7 at The Rock!
"Your 2010-2011 New Jersey Nets - It Is What It Is"
+1 This is a good deal for the Nets...
Starting your own Network is a very expense proposition. What would we show on the NETS network beside Nets games ?
NetsDaily NetsDaily.com
@darooster8 we are a small but intelligent group of superbeings.
Lunchtime with Sly
How to tie your shoes with Brook Lopez
Brick Laying with Travis Outlaw
French Class with Frenchi
by nets14 on Aug 22, 2011 1:24 PM EDT up reply actions 9 recs
LOL
Prokhorov’s money managing tips….
Deron Williams vacation guide, “Istanbul on $10,000 a day !”
Reverend Avery Johnson’s gospel hour..
NetsDaily NetsDaily.com
@darooster8 we are a small but intelligent group of superbeings.
by M I K E on Aug 22, 2011 1:28 PM EDT up reply actions 7 recs
Or...
- Shooting tips with Anthony Morrow
- Swag Lessons by MarShon Brooks
- and everyone’s favorite, ‘How to play Defense Like an MVP’ by our very own Stephen GrahaMVP
D-Will > Carmela
by Gdepp94 on Aug 22, 2011 2:13 PM EDT up reply actions 6 recs
'The Art of The Crab Walk' with your host, Travis Outlaw
and special guest Lebron James.
by Clayton Balch on Aug 22, 2011 2:42 PM EDT up reply actions 7 recs
Mitzvah Moves
with Jordan Farmar
Soon to be formerly NetsMets4Life (hopefully).
by NetsMets4Life on Aug 22, 2011 5:47 PM EDT up reply actions 3 recs
"who wants to marry a pornstar?"
featuring Kris Humphries
by Chakroot on Aug 22, 2011 2:59 PM EDT up reply actions 11 recs
i think the main problem is YES’s history of bumping late season Nets games for spring training Yankees games that has everyone rubbed the wrong way
by sheepareevil on Aug 22, 2011 2:57 PM EDT up reply actions
Stephen Graham is going to bring back the clothing line "And 1"
Section 18, Row 7 at The Rock!
"Your 2010-2011 New Jersey Nets - It Is What It Is"
"Nets-o-Graphy"
Yi Jianlian: “Man, Myth, Legend !”
Bobby Simmons: “Mr. Money in the Bank”
T-Will & CDR: “Twitter Twins, the Golden Years”
NetsDaily NetsDaily.com
@darooster8 we are a small but intelligent group of superbeings.
by M I K E on Aug 22, 2011 1:42 PM EDT up reply actions 3 recs
Chair to be interviewed by Yi in Chinese!
D-Will > Carmela
by Gdepp94 on Aug 22, 2011 2:14 PM EDT up reply actions 1 recs
"Greatest Moments in Nets History"
NetsDaily NetsDaily.com
@darooster8 we are a small but intelligent group of superbeings.
by M I K E on Aug 22, 2011 2:15 PM EDT up reply actions 18 recs
This is a rec.
Soon to be formerly NetsMets4Life (hopefully).
by NetsMets4Life on Aug 22, 2011 2:26 PM EDT up reply actions
Peanuts....
This ten million dollar bump, is still peanuts compared to what other teams make on their rights. Ten Million Dollars pays OUTLAW his 7, and almost Farmar his 4. Frankly, if the NETS improve (read that sign DWIGHT) then YES gets a bargain. AND….GET BACK TO THE BARGAINING TABLE YOU IDIOTS!
Paul from Sunny Delray Beach, Florida
I don’t understand the negativity either.. the Nets have very bad, very, very, very, very, very bad, and understandably the Yankees Entertainment and Sports network has paid them very little mind, and very little money.
But you can’t act like the network hasn’t given the Nets chances to succeed. A) The team is featured on the network that broadcasts the most famous baseball team in the country, guaranteeing that a lot of people will see the advertisements for the games. B) The main announcers are upper-echelon vets like Marv, Czar and Ian Eagle.
I’m not so sure why the Nets re-negotiated now, when their ratings value is at its lowest and there is uncertainty regarding Deron Williams and the Nets path to a championship team. The only thing the Nets control is Brooklyn, but that alone won’t bring viewers.
Either way, I think YES is the right fit.
Netincome or Netsdaily!
You need to address this article about the 2012 draft:
http://espn.go.com/blog/truehoop/post/_/id/31517/what-a-canceled-season-could-mean-for-the-draft
We have 2 1st rounders and 1 2nd rounder how would this work for us?
If I had a dollar for every time someone in that family said "douche" I would be as wealthy as them.
Soon to be formerly NetsMets4Life (hopefully).
by NetsMets4Life on Aug 22, 2011 7:26 PM EDT up reply actions
I was just looking a photos from the 2008 Summer Olympics (Redeem Team)
and every pic Deron was in he had a huge smile across his face. You could tell he was having he time of his life being surrounded by all those superstars, competing for something important.
Soon to be formerly NetsMets4Life (hopefully).
i think you be hard-pressed to find anyone in that situation
without a huge smile on their face… unless maybe you bring in kendrick perkins…
He is the only one I saw in the pictures
that smiled in every photo.
Soon to be formerly NetsMets4Life (hopefully).
by NetsMets4Life on Aug 22, 2011 9:14 PM EDT up reply actions
You too real for this forum dawg!
Respect.
by vincecarter4pres on Aug 23, 2011 2:39 AM EDT up reply actions
anytime I say something antiestablishment I get deleted
by DJ HeavyDuty on Aug 23, 2011 8:33 AM EDT up reply actions
Maybe it's the cigar ?
NetsDaily NetsDaily.com
@darooster8 we are a small but intelligent group of superbeings.
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