🏀 The Ringer’s Bill Simmons reported that Amazon “guaranteed” three years of its rights payment upfront in its offer to the #NBA that it put into escrow, knowing that WBD is “cash poor” and would have a hard time matching that element of the deal. Puck’s Matthew Belloni noted that depending on the stock price, that amount (a three-year lump sum) would be around “half” of WBD’s value.
#GSC360 🌐 #Sportstr
Related Articles
