PHOENIX (AP) — The NBA’s Phoenix Suns and WNBA’s Phoenix Mercury announced a media rights deal on Friday that could pave the way for local sports broadcasts following the much-publicized struggles of regional sports networks. The Suns have partnered with Gray Television Inc., which includes three local TV affiliates, and Kiswe, which provides live streaming. Ishbia originally agreed to a deal in December to purchase the Suns and Mercury, which were valued at about $4 billion. He said the new media rights deal is all about getting as many people to watch his teams as possible. Also, since the company is in bankruptcy proceedings, the contract with the Suns and Mercury remains an asset.

Source: The Star April 29, 2023 13:01 UTC