As of February of 2018, NBA China was valued at more than $4 billion or $133 million in value for each of the 30 teams, according to Mike Ozanian of Forbes.

The NBA initially signed a five-year, $700 million deal in 2015 with Tencent to carry NBA games in China. The NBA signed an extension in Tencent in July of 2019 worth $1.5 billion over five years, according to the Wall Street Journal.

“Tencent’s commitment to NBA basketball in China is unparalleled,” said NBA commissioner Adam Silver when announcing the Tencent extension. “The enormous reach and popularity of Tencent’s platforms have been a driving force behind the growth of basketball in China, and we look forward to deepening our connection with NBA fans across the country through this expanded partnership.”

The NBA's relationship with China is now under scrutiny following a Tweet by Daryl Morey about Hong Kong and subsequently apology from the NBA.