Comcast's NBCUniversal is planning to invest an average of about $2.5 billion a year to broadcast a package of National Basketball Association games, the Wall Street Journal reported on Monday.

Warner’s TNT is one of the league’s oldest TV partners and has paid an average fee of $1.2 billion under its current deal. Warner was unable to reach a new pact with the NBA before an exclusive negotiating window expired last week, which allowed NBC to make a bid.

NBCUniversal has reportedly submitted a substantial bid to outbid Warner Bros. Discovery for the NBA media rights.

Comcast Corp.’s NBCUniversal division offered the National Basketball Association about $2.5 billion a year for rights to a package of games, the Wall Street Journal reported, citing people with knowledge of the matter.

The league is in advanced stages of a new round of media-rights deals. Disney’s payments would increase under a proposed deal.

In what will be a landmark move in sports media history, the NBA and Amazon Prime Video have the framework of a deal that will make the streaming service one of the main homes for the league’s games,