Anonymous
Years ago
NBL de-merger TV rights sticking point
THE proposed de-merger of the NBL from under Basketball Australia's umbrella has hit a major sticking point over free-to-air television rights with Network 10.
The deal Ten has with BA to televise NBL games extends for a further two seasons but it is a contract between the network and the basketball federation - not the soon-to-be controlling entity of the national league.
It means the new NBL either needs to:
* Enter a new agreement with Ten, or;
* Ten has to agree to a changeover of the contract.
A source involved with the demerger proposal said BA was seeking a $1 million indemnity - a bank guarantee as insurance against the existing contract.
http://www.adelaidenow.com.au/sport/basketball/free-to-air-rights-deal-with-network-ten-complicates-proposed-de-merger-of-nbl/story-fndekpx4-1226646994201