The National Basketball Association reached long-term media rights deals with ESPN majority-owner Walt Disney Co. and Time Warner Inc.’s Turner Broadcasting, people familiar with the matter said, more than doubling the fees it received under the previous contracts.

The league also laid plans in partnership with ESPN for a new online video service that would show live regular season games, the people said. In a significant move for ESPN, which derives its huge profits from the pay-TV ecosystem, that service will be open to people who aren’t cable or satellite TV customers.

The contracts with Disney and Turner will give them the rights to NBA games through the 2024-25 season, the people said. NBA telecasts will continue on Turner’s TNT, ESPN and Disney’s ABC network, which will continue to show the NBA Finals, one of the people said.

Disney has been paying the NBA about $485 million a year under its existing contract, while Turner has paid about $445 million annually. Those deals were set to expire after the 2015-16 season. The precise value of the new contracts wasn’t clear, but they will be worth at least twice as much as the earlier deals, the people familiar with the matter said. One of those people said that estimate is conservative.

NBA Commissioner Adam Silver is expected to announce the media deals in a news conference Monday morning with the next NBA season less than a month away.