Adam Silver discusses NBA expansion and media rights in board meeting

During a recent board of governors meeting, NBA Commissioner Adam Silver addressed concerns regarding the league's new media rights deal, valued at approximately $75 billion over 11 years. This deal is set to increase the number of games exclusive to national broadcasts, which has raised alarms among teams like the Knicks, whose owner, Dolan, expressed fears that the deal could jeopardize regional sports networks (RSNs) without providing adequate alternatives. Silver acknowledged the decline in RSN revenues and the challenges faced by teams, stating that the league is committed to finding solutions over the next six months. Additionally, Silver discussed the potential for NBA expansion into Europe, emphasizing the need for a non-disruptive approach that respects existing basketball infrastructures. He noted that the league is collaborating with FIBA to explore opportunities in the European market, which is currently experiencing uncertainty. Silver highlighted the importance of demonstrating a sustainable business model in any new venture. Despite the discussions, Silver clarified that there is no immediate plan for expansion, nor has a committee been formed to evaluate potential markets. The focus remains on assessing the local broadcast situation and ensuring that the league emerges stronger from the current transitional phase. Lastly, updates on the sales of the Minnesota Timberwolves and Boston Celtics were minimal, with Silver indicating that the Timberwolves' arbitration process is independent of the league. The Celtics' ownership is considering a step transaction for their sale, allowing current ownership to retain control for a period before transitioning to new ownership.