CHARLES BARKLEY INKS NEW DEAL WITH TNT FOR OVER $100 MILLION

According to Sports Illustrated, the Naismith Basketball Hall of Fame, Charles Barkley has signed to a new 10-year contract agreement ‘life altering’ $100 million deal to stay with TNT’s ‘Inside the NBA’ with the cable network to continue appearing on the hugely popular Inside the NBA.

Although his current contract was due to end in three years, TNT and the Emmy Award winner came to an agreement for an additional seven years.Shaquille O’Neal, Kenny Smith, and Ernie Johnson all signed agreements to stay with TNT in addition to Barkley’s resignation.

Luis Silberwasser, Chairman and CEO of Warner Bros. Discovery Sports, stated that “our connection with the NBA is very essential to us and that this long-term arrangement with the Inside the NBA crew is recognition of their centrality to that relationship.” “Inside the NBA represents the ingenuity and imaginative attitude we’ve established over our successful, long-standing heritage with the league,” the author said of the show.

Fund raised

If Barkley remains with TNT for the duration of the contract, the deal’s reported value may rise to close to $200 million.

Shaquille O’Neal, Kenny Smith, and Ernie Johnson all signed agreements to stay with TNT in addition to Barkley’s resignation.

Currently, Barkley has three years left on a deal that will earn him $10 million annually. His current contract expires after the 2024–25 NBA season, and so does TNT’s arrangement with him. Barkley might have the right to work

for another network or a digital platform if Amazon, Apple, or other parties were engaged if Turner decided not to keep the NBA.

Barkley  has mentioned retiring at age 60 numerous times, but TNT has made a significant commitment to him and his partners. While Shaquille O’Neal already has a long-term contract, TNT has also renewed deals with analyst Kenny Smith and anchor Ernie Johnson. Later on Monday, Turner made public announcements on each deal.

Funding given by companies

The NFL has had a major impact on how much sportscasters are paid recently, and Barkley is arguably the best studio analyst in sports history. The Post previously claimed that Tom Brady has a contract with Fox to work as a game analyst that, when it starts, will pay him $375 million over 10 years. That follows Tony Romo and Troy Aikman earning somewhere about $18 million a year as NFL game analysts.

According to insiders, Barkley will expand his portfolio with Warner Bros. Discovery, the corporate parent of TNT, by creating documentaries and other projects with his production business, Round Mound Media.

Greg Norman of LIV Golf talked with Barkley this summer to discuss Barkley joining their tour as a pundit. Barkley expressed a curiosity in learning more about LIV and criticised “selective outrage” toward the organisation, claiming there was precedent for accepting funding from the Saudi-backed startup group. Barkley withdrew from talks before LIV made an offer. Turner had not yet begun speaking with Barkley at that time, but sources told The Post they would.

Conclusion

TNT has made it official: Charles Barkley is coming back to the network for at least two more years. The basketball Hall of Famer will be part of a studio analyst team that also includes former NBA players Shaquille O’Neal and Reggie Miller. TNT will use the trio to do studio work for its NBA coverage, including NBA on TNT and coverage of the NBA Playoffs, NBA Finals and NBA Draft. Barkley’s new deal is worth $2.5 million per year, making him one of the highest-paid studio analysts in cable, according to a source familiar with the negotiations.

Faqs