Sunday, March 4, 2012

Teams keep TV cash in lockout.(Sports)

Byline: Combined wire services

Walt Disney Co. and Time Warner Inc. would pay the NBA television rights fees next season for games that are lost to a lockout, league deputy commissioner Russ Granik said.

The league would have to repay the money for missed games before the contracts expire in three years, Granik said in an interview Sunday before Game 2 of the NBA Finals between the San Antonio Spurs and Detroit Pistons. The NBA's labor contract with players expires July 1, and no talks are scheduled.

The companies pay the league about $760 million a year; each team gets about $25.3 million.

"We have …

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