Boardroom co-founder Rich Kleiman on new NBA TV rights deal, future of the league

By CNBC Television

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Key Concepts

  • NBA Broadcast Rights & Media Landscape: Changes in how the NBA is broadcast, including NBC's return, ESPN's acquisition of "Inside the NBA," and potential Amazon involvement.
  • Player Media & Coverage: The impact of recently retired players in broadcasting, the role of high-profile figures like Michael Jordan, and the evolution of sports commentary.
  • NBA Expansion: Discussions around adding new franchises, particularly in Europe, and the considerations of diluting play and revenue.
  • NBA All-Star Game: Challenges and potential solutions for making the All-Star game and its associated events (Dunk Contest, Three-Point Contest) more competitive and engaging.
  • Social Media & Player Discourse: The influence of social media on sports commentary, player engagement, and the potential for negativity versus high-level discussion.

NBA Broadcast Rights and Media Evolution

The NBA season is marked by significant shifts in its media landscape. NBC is returning to broadcast NBA games, a move considered a "big deal" that could alter how basketball is watched. This new crop of talent, including recently retired players like Carmelo Anthony, Tracy McGrady, Vince Carter, and Jamal Crawford, offers a fresh perspective on game coverage. The presence of Michael Jordan, accessible for halftime interviews, is highlighted as an "ultimate cheat code" for engaging audiences.

Simultaneously, "Inside the NBA" is moving to ESPN, a strategic decision that provides "true optionality" for viewers with games available daily. The transcript also notes potential involvement from Amazon, particularly after the NFL season concludes, with a focus on their Thursday night offerings. The return of NBC evokes nostalgia, reminding viewers of past broadcasts and benefiting the league through deals with ESPN and Peacock.

NBA Expansion and International Growth

Adam Silver, the NBA Commissioner, has indicated that the league is considering adding new franchises. While some expected expansion to happen faster, the primary concern remains the potential dilution of both on-court play and revenue.

A significant point of discussion is the potential for NBA expansion into Europe. This is viewed as a highly exciting opportunity to tap into existing fan bases in cities with established basketball love, citing examples like Real Madrid, PSG, and Barcelona. However, the need for new, NBA-standard facilities in these European markets is acknowledged as a prerequisite. The transcript also mentions Seattle as a market "craving a team" and a strong candidate for expansion.

Reimagining the NBA All-Star Game

The transcript addresses the perceived decline in competitiveness of the NBA All-Star Game, contrasting it with the intense matchups of the late 80s and early 90s. Players are seen as more hesitant to risk injury, leading to a less competitive, more "circus-like" atmosphere.

Several factors are cited for this shift:

  • Consumer Desensitization: With increased access to content via social media, consumers have seen many events before, diminishing their novelty.
  • Player Commitments: The demanding schedule of the All-Star weekend, involving brand deals, events, practice, and media appearances over four days, leads players to be more mindful of their physical condition by Sunday night.

Potential solutions and observations include:

  • Event Sequencing: Moving the Three-Point Contest after the Dunk Contest, as the three-point competition is considered the "marquee event."
  • Player Mentality Shift: An expectation that players will eventually realize the need for more competitive play and "hoop" again.
  • Value of the Weekend: Despite criticisms, the weekend is considered better than often given credit for, with fans and children still enjoying the events, especially when players are engaged. The Sabrina Ionescu vs. Stephen Curry three-point contest is cited as an example of a successful and engaging event.

Social Media's Impact on Player Discourse and Sports Coverage

The conversation touches upon the role of social media in sports, particularly concerning players. The transcript clarifies a past interaction between LeBron James and the speaker, where James retweeted a sentiment about the divisive and personal nature of some NBA coverage.

The speaker argues that social media has exacerbated a "debate kind of like era" of sports coverage, leading to negativity. This contrasts with a desire for "high-level conversation around sports." The trend of networks like NBC and Amazon employing talented individuals, including recently retired athletes, to provide insightful commentary is seen as a response to this demand.

The core argument is that while criticism has a place, social media often pushes conversations beyond that. The speaker believes that the focus should be on raising the tone and quality of sports discourse, especially when viewed through traditional media or streaming services. The increasing negativity on social media is seen as reducing the space for such elevated conversations within traditional sports coverage.

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