US Basketball to Host 2019 FIBA World Cup – ESPN
The U.S. Basketball Association has been awarded a new $2.9 billion television contract by the International Federation of Basketball Associations (FIFA) for 2019, the league announced Monday.
The deal is worth a total of $3.4 billion, including a portion of the 2023-25 television rights and a $500 million non-broadcast revenue share.
The new contract includes the rights to play games in the 2022 and 2024 FIBA Americas Championships, as well as other international tournaments, including the 2018 FIBA European Championships and the 2020 Pan-Am Games in France.FIFA’s World Cup bid is the first of its kind, having bid on and won a new contract with the International Basketball Federation (FIPB) in 2019.
The bid was successful for the first time, with FIBA bidding on and winning a similar deal with the FIBA U-17 World Championship bid in 2018.
The 2018 bid was the first to be awarded to a non-cooperative bid and was ultimately successful, winning a $1.2 billion bid.
The 2019 bid is a much more competitive one, as the USBA has been selected as a 2022 host nation by FIFA, which awarded a $400 million TV deal.
The 2022 bid is for the 2022 U.N. Women’s World Championship in Russia.
The new deal includes a nonbroadcast, $500,000 portion of revenues from the 2018 U.O. Men’s National Team World Cup in Brazil, as part of a deal that also included the U.K.’s 2022 Women’s Super Cup.
The USBA, the U-23 men’s national team and the U15 men’s team will all play their home games at Rio Tinto Stadium, home of the U18 Men’s Premier League.
The 2023 tournament in France, which will be played at Stade Pierre-Mauroy, is the second time the US has hosted the tournament.
The previous time, the US won its first home World Cup, in 1994.
The 2022 and 2023 bids will mark the first three years of a four-year deal.
The 2017-18 US Olympic Team will host the event in 2021, while the U16 women’s team and a pair of women’s basketball players from the U17 team will represent the U20 team in 2019, when the U21 men’s National Basketball Team will play the 2019 World Championship.