The term of the rights deal is 10 years.
A person familiar with the agreement confirmed the details to Deadline.
Financial terms were not disclosed.
Spain’s Carlos Alcaraz in action at the French Open tennis tournamentDimitar DilkoffI/AFP via Getty Images
Varietyhad the first report of the deal.
The league and bidders have not offered any comment during the negotiating process.
The company also operates NBA.com and NBA TV for the league, which is widely seen as a plus.
