This is a content-distribution partnership with no disclosed financial terms, so the immediate revenue impact is unclear. Monitor Gray's next quarterly earnings for any commentary on advertising revenue or retransmission consent fees tied to this deal. The partnership is a positive signal for local sports programming strategy but lacks hard numbers to move the stock.
Price Chart
Executive Summary
Gray Media announced a partnership with the Cleveland Cavaliers and DAZN to broadcast 15 regular-season Cavaliers games free, over-the-air during the 2026-27 NBA season. The games will air locally on Gray's Cleveland stations (WOIO/WUAB) and statewide on Rock Entertainment Sports Network, with additional Gray stations in other markets also carrying the package. This is a content-distribution deal with no disclosed financial terms, expanding Gray's live sports programming without immediate revenue or cost figures.
Key Facts
- Gray Media will broadcast 15 Cleveland Cavaliers regular-season games free, over-the-air during the 2026-27 NBA season.
- Games will air on Gray's Cleveland stations WOIO (CBS 19) and WUAB (MyNet 43), plus Rock Entertainment Sports Network.
- Gray stations in Cincinnati, Ohio; Lima, Ohio; and Parkersburg, West Virginia will also air the 15-game package.
- Gray will seek additional third-party broadcasters to air games in other parts of the territory where it does not own stations.
- No financial terms, revenue projections, or costs were disclosed in the press release.
Financial Impact
No financial terms disclosed; deal value and revenue impact not stated.
Risk Factors
- No financial terms disclosed — deal may be revenue-neutral or low-margin if Gray is paying for rights.
- Sports programming costs can be high; if Gray is bearing production or rights costs, margins could be pressured.
- The partnership is limited to 15 games and one season, limiting long-term revenue visibility.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3361838 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | Press Release | $4.55 | awaiting T+5 | — | $4.37 (−3.85%) |
Oct 20, 2026 6d ago | Press Release | $4.63 | awaiting T+5 | — | $4.37 (−5.62%) |
Oct 15, 2026 11d ago | Press Release | $4.46 $4.70 | ▲ +5.38% | ▲ +6.40% | $4.37 (−2.02%) |
Oct 9, 2026 17d ago | 8-K | $4.43 $4.48 | ▲ +1.13% | ▲ +2.62% | $4.37 (−1.35%) |
Oct 9, 2026 18d ago | 8-K | $4.54 $4.38 | ▼ −3.52% | ▼ −1.56% | $4.37 (−3.74%) |
Oct 2, 2026 24d ago | Press Release | $4.54 $4.54 | · 0.00% | ▼ −1.16% | $4.37 (−3.74%) |
Sep 28, 2026 29d ago | 8-K | $4.59 $4.63 | ▲ +0.87% | ▼ −0.33% | $4.37 (−4.79%) |
Sep 28, 2026 29d ago | Press Release | $4.59 $4.63 | ▲ +0.87% | ▼ −0.33% | $4.37 (−4.79%) |
Sep 28, 2026 29d ago | Press Release | $4.59 $4.63 | ▲ +0.87% | ▼ −0.33% | $4.37 (−4.79%) |
Sep 23, 2026 4w ago | Press Release | $4.58 $4.50 | ▼ −1.75% | ▼ −1.07% | $4.37 (−4.59%) |
US Market Status
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