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10-02-2012 04:40 PM #1
O's and All Teams About to Get a Big Bump in TV $$$$With the announcement of an eight-year deal with Fox and TBS ? combined with a recent deal with ESPN MLB basically will double its television revenue.
Fox, whose parent company is Rupert Murdoch's News Corp., will pay more than $500 million a year. It retains rights to the World Series and All-Star Games, and will add two Division Series in 2014. It will also double the number of regular-season games.
TBS pays $300 million a year for a League Championship series, two divisional series, and one of the Wild Card games. MLB Network will also telecast two divisional games.
If you add in the $700 million from ESPN, then it is $1.5 billion a year in domestic television revenue.
"These are big increases," said Commissioner Bud Selig on the conference call officially announcing the deals. ?These increases will be split equally among the 30 teams ? and with the bottom-line in 2014, it will be easier for the owners to be more profitable.?
"In 2014, [the teams] will get a huge increase," Selig said, when asked what the teams will do with the money. "Everyone will then determine not only what to do with the money, but how it will impact ticket prices etc..."
So $50 million a year from national TV rights going into the O's pockets.
Add in MASN annual TV rights, plus 85-ish% take on net profits and they're making a killing off the ol' boob tube.
But every team is going to be to varying degrees.
10-02-2012 04:44 PM #2
I would bet that all this does is drive up the price of mediocre ball players again. We certainly may see even more questionable long term contracts given this influx.
I like how Selig said 'how it will impact ticket prices, etc' . Here's a hint - it won't lower ticket prices.
10-02-2012 04:47 PM #3
10-02-2012 04:51 PM #4
I wonder if this sizable bump in revenues is going to cause a corresponding bump in the luxury tax level and the draft/international spending caps?
I don't think it will until the next CBA.
10-02-2012 04:55 PM #5
I can't wait to see if any of that money translates into payroll.
10-02-2012 05:05 PM #6
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- Dallas, TX
10-02-2012 05:09 PM #7
I'd love to get Hamilton, but not at the expense of extending Wieters.
10-02-2012 07:31 PM #8
If every team gets an increase, then no team does.
The bottom line from all this money is that ultimately the players (all of them) will get paid more than they are now.
10-02-2012 07:43 PM #9Plus Member since June 2008 All-Star
- Join Date
- Dec 2004
The big news for all of you out of town fans is that the FOX Saturday National games will no longer be blacked out starting in 2014. If you have the Extra Innings Package or mlb.tv you can see the games.
10-02-2012 07:48 PM #10
Use the money to extend Wieters and Machado.
10-02-2012 07:59 PM #11Keys
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- Jul 2012
I say we go for Hamilton simply so we could see Roy at 2nd base = P