Ticketmaster Corp. said Monday that it has reached a deal with the National Basketball Association to manage ticket sales and re-sale services for all 30 NBA teams.

Ticketmaster, a division of New York-based IAC/InterActiveCorp, is based in West Hollywood. Ticketmaster said in a statement that it would work with the league to increase ticket sales through local and national marketing efforts, season-ticket service programs and customer-relationship marketing programs. Financial terms of the multi-year agreement were not disclosed.

Ticketmaster sold more than 128 million tickets last year, accounting for $7 billion in sales.