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New NBA TV deal is a cash injection for league and players

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SAN ANTONIO, TX - JUNE 08:  NBA Commissioner Adam Silver speaks to the media prior to Game Two of the 2014 NBA Finals between the San Antonio Spurs and the Miami Heat at the AT&T Center on June 8, 2014 in San Antonio, Texas. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Chris Covatta/Getty Images)
Chris Covatta/Getty Images
SAN ANTONIO, TX - JUNE 08: NBA Commissioner Adam Silver speaks to the media prior to Game Two of the 2014 NBA Finals between the San Antonio Spurs and the Miami Heat at the AT&T Center on June 8, 2014 in San Antonio, Texas. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Chris Covatta/Getty Images)

With two seasons left in it's current television contract, the NBA has extended its deals with ESPN and TNT. The new one runs for nine years and is worth just over $2.6 billion annually.

The NBA announced yesterday a new TV deal with ESPN-ABC and Turner Sports. With two seasons to go under it's current television contract, the new contract will run for an extra nine years and is worth more than $2.6 billion a year. 

That nearly triples what the NBA currently makes off of TV and digital rights.

Howard Beck, NBA National Columnist for the Bleacher Report, joins Take Two to talk about what this cash injection means for the companies and fans.

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