Charles Barkley has agreed to a 10-year deal with TNT that's anticipated to be effectively into 9 figures, The Publish has realized.
Barkley presently has three years left on a contract that pays him $10 million per season. His present contract coincides with TNT’s settlement with the NBA deal expiring after the 2024-25 season. If Turner have been to not preserve the NBA, Barkley might probably personal rights to go work for one more community or a digital platform, if Amazon or Apple or others are concerned.
The precise quantity Barkley will make shouldn't be but identified if he fulfills all the contract, however it will likely be effectively in extra of $100 million and will strategy $200 million. Barkley might resolve to retire from TV earlier than the deal ends.
Barkley, 59, has repeatedly spoken about retiring at 60, however TNT has made an enormous dedication to him and his companions. Whereas Shaquille O’Neal already has a long-term settlement, TNT has additionally re-signed host Ernie Johnson and analyst Kenny Smith to new offers. Turner formally introduced all of the offers in a while Monday.
“We’re all a giant household — Ernie, Kenny and Shaquille are brothers to me — and I wouldn’t nonetheless be right here if it wasn’t for them and all of the superb individuals who work on our present,” Barkley mentioned. “I’m not gonna lie, although, this can be a life-altering deal … and I’m blessed to have the ability to do reside tv for a residing.”
Barkley is arguably the best sports activities studio analyst of all time and the panorama for what sportscasters are paid has modified dramatically lately, led by the NFL. Tom Brady has a contract with Fox to be a recreation analyst that, The Publish beforehand reported, can pay him $375 million over 10 years when it begins. That comes on the heels of Tony Romo and Troy Aikman making within the neighborhood of $18 million a 12 months as NFL recreation analysts.
With Warner Bros. Discovery, TNT’s company dad or mum, Barkley will add to his portfolio by producing documentaries and different initiatives together with his manufacturing firm, Spherical Mound Media, in line with sources.
This summer season, LIV Golf’s Greg Norman met with Barkley about becoming a member of that tour as a commentator. Barkley spoke brazenly about being excited by seeing what LIV would possibly provide and spoke out about “selective outrage” concerning LIV, believing there was precedent to simply accept cash from the Saudi-backed upstart affiliation. Earlier than LIV made a proposal, Barkley pulled out of negotiations. At that time, Turner had not began talks with Barkley, however sources indicated to The Publish that they might.
Now, they've an settlement, which can preserve the enduring group of Barkley, O’Neal, Johnson and Smith collectively for a very long time.
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