The NBA has agreed on terms for the sale of media rights valued at $76 billion

The NBA has agreed to terms for the sale of media rights over 11 years, valued at $76 billion, as reported by the Associated Press.

This deal ensures that player salaries will continue to rise in the upcoming seasons. The next step involves the approval of contracts by the league's governing council. It will also alter how certain viewers access the game over the long term.

Next week in Las Vegas, a council meeting coinciding with the NBA Summer League is scheduled. If agreements pass through various committees and receive other approvals, they could be finalized around this time. The NBA itself has not commented on these developments.

In other news, recently free agent Paul George has reached a four-year maximum contract agreement worth $212 million with Philadelphia.