ABS-CBN has withdrawn its proposal for the television coverage of the PBA games.

In a statement releasedy by the giant network’s corporate communications department, ABS-CBN formally pulled out its bid “even after extensive discussions of both sides to come to an agreement”.

“Both the PBA and ABS-CBN have reached substantial common ground on most of the proposed terms, but were deadlocked on some crucial matters, which pushed the Kapamilya network to pull out.”

“ABS-CBN thanked the PBA for the opportunity to present its proposal,” added in the statement.

Despite the withdrawal of ABS-CBN to be the television partner of the PBA next season, PBA Commissioner Sonny Barrios said it doesn’t mean that Solar Sports will automatically get the league’s coverage rights.