NBC Sports could buy back rights to iconic theme song ‘Roundball Rock’ if it airs NBA games again, composer John Tesh says

NBC Sports could buy back rights to iconic theme song ‘Roundball Rock’ if it airs NBA games again, composer John Tesh says


Michael Jordan #23 and Scottie Pippen #33

Nathaniel S. Butler

In the pantheon of theme songs for TV sports, “Roundball Rock,” John Tesh’s anthem that accompanied National Basketball Association games on NBC until 2002, is arguably the greatest.

If NBCUniversal wins the rights to air the NBA again, it would have a chance to bring back the iconic tune, the composer told CNBC in an email.

Comcast’s NBCUniversal has made an offer that averages $2.5 billion per year to once again acquire NBA rights after losing them 22 years ago to Disney, according to people familiar with the matter. The Wall Street Journal first reported the details of NBC’s bid.

The NBA wants three media partners this time around, and is close to deals with both Disney and Amazon for two of the packages. The third one will likely go to Warner Bros. Discovery or NBCUniversal, but not both, said the people, who asked not to be named because the talks are private.

Warner Bros. Discovery continues to be in talks with the league to keep the rights. Still, NBCUniversal’s offer more than doubles the $1.2 billion that Warner Bros. Discovery currently pays. That may be too pricey for Warner Bros. Discovery, whose market capitalization of $18 billion is dwarfed by Comcast‘s $150 billion.

Warner Bros. Discovery Chief Executive Officer David Zaslav has preached a message of financial discipline since taking over the company, including by slashing jobs and cutting spending on content, to reduce debt and boost free cash flow. He’s said he’s not interested in being in the “rental business,” as is the nature of licensing sports rights, though he has also expressed optimism about retaining NBA rights.

Spokespeople for Warner Bros. Discovery, NBC and the NBA declined to comment.

The rights to ‘Roundball’

Nostalgic NBA fans associate “Roundball Rock” with “The NBA on NBC” and an era defined by Michael Jordan, the Chicago Bulls’ dominance and the voices of Bob Costas and Marv Albert. USA Today voted it No. 1 in a 2017 ranking of “The 25 greatest sports TV themes.” The Ringer published an oral history article about its origin, and NBC’s “Saturday Night Live” did an entire sketch about it.

The song has not heralded the start of an NBA game since 2002, when NBC broadcast its last league contest. Fox Sports acquired the rights to the theme to use for college basketball for the 2018-19 season, but a generation of fans still associate the tune with NBC.

If NBC Sports wins the rights, it’s free to once again license “Roundball Rock” from Tesh, who owns the song, the composer said in an e-mail.

TV Personality John Tesh visits Hallmark Channel’s “Home & Family” at Universal Studios Hollywood on March 06, 2020 in Universal City, California.

Paul Archuleta | Getty Images

Fox’s deal for “Roundball Rock” doesn’t preclude any media company from using the song for NBA games, Tesh said.

Media companies typically buy the rights to the song in three-year increments, Tesh said. He declined to say how much he is paid because the contracts include non-disclosure agreements, but Tesh noted he’s also compensated with royalties based on the number of times it gets played. The Ringer reported in 2020 that Tesh’s jingle aired an estimated 12,000 times during the 1990-2002 era on “NBA on NBC.”

“It’s funny how people fight for the song,” Tesh said. “In 1990, it was just another theme. Now the internet is filled with people playing the song on Ukulele, Casios and teaching it on guitar. We still play the song at every concert and show the YouTube videos of these people.”

If the NBA airs on NBC again, it would start in the 2025-26 season. And rest assured, fans: “Roundball Rock” is available.

— CNBC’s Lillian Rizzo contributed to this report.

Disclosure: Comcast is the parent company of NBCUniversal and CNBC.

WATCH: Fight for the NBA: NBC vs. Warner Bros. Discovery

Faber Report: Fight for the NBA

Don’t miss these exclusives from CNBC PRO



Source

Here are the retailers raising prices as Trump tariffs take hold
Business

Here are the retailers raising prices as Trump tariffs take hold

A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023.  Vincent Alban | Reuters Consumers who hoped tariffs would not […]

Read More
This is why Jamie Dimon is so gloomy on the economy
Business

This is why Jamie Dimon is so gloomy on the economy

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images The more Jamie Dimon worries, the better his bank seems to do. As JPMorgan […]

Read More
Summer rentals in the Hamptons are down 30%
Business

Summer rentals in the Hamptons are down 30%

Key Points Summer rentals in the Hamptons are down 30% from the same period in previous years, according to Judi Desiderio of William Raveis Real Estate. Brokers who focus on ultra-high-end rentals are seeing an even bigger drop and say their rental business is down between 50% and 75%. Some renters may be holding out […]

Read More