Charles Barkley not retiring, staying with TNT Sports long term: ‘This is the only place for me’

Charles Barkley will not retire and instead remain with TNT Sports even after it loses the NBA following this upcoming season, TNT announced Tuesday.

Barkley will continue on his 10-year, $210 million contract. He is in the third season of the deal.

“I love my TNT Sports family,” Barkley, 61, said in a statement. “My #1 priority has been and always will be our people and keeping everyone together for as long as possible.”

“We have the most amazing people, and they are the best at what they do,” his statement continued. “I’m looking forward to continuing to work with them both on the shows we currently have and new ones we develop together in the future. This is the only place for me.”

Charles Barkley is NOT retiring and is staying with TNT Sports long term, sources tell @AndrewMarchand. pic.twitter.com/8YpcMEfJyM

— The Athletic (@TheAthletic) August 6, 2024

Barkley had been a target for ESPN, Amazon Prime Video and NBC, which will begin their 11-year, $77 billion agreements after next season. TNT Sports is trying to stay in business with the NBA by suing the league after the NBA rejected TNT Sports’ offer to match one of the league’s new television deals with Amazon Prime Video.

A week and a half ago, Barkley told The Athletic he was open to staying with TNT Sports if it paid him in full.

“My deal is 10 years, $210 million,” Barkley said in a phone interview at the time. “Turner has to come to me ASAP and they have to guarantee my whole thing or they can offer me a pay cut, which there is no chance of that happening and I’ll be a free agent.”

The two sides now agree that Barkley will not be going anywhere. While TNT Sports is trying its Hail Mary attempt to hold onto the NBA, Barkley will still be utilized on its NCAA Tournament coverage that TNT Sports combines with CBS, while it could explore opportunities with its other properties, including the NHL.

The network is also trying to expand its programming on TNT Sports so it doesn’t seem out of the question that it could either build a new studio program around Barkley or try to keep its iconic “Inside The NBA” together even after next year.

“Charles is one of the best and most beloved sportscasters in the history of television,” TNT Sports chairman Luis Silberwasser said. “I know I speak for all the members of the TNT Sports family when I say we are incredibly thrilled to share this mutual commitment to continue showcasing Charles’ one-of-a-kind talents and entertain fans well into the future.

“We continue to add to the breadth and depth of our sports portfolio — including new properties in the College Football Playoffs, Roland-Garros, NASCAR, BIG EAST college basketball, Mountain West football, among others — and it’s fantastic to have Charles for this journey as we develop new content ideas and shows for our fans.”