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Yeah, ESPN must have paid 1.1 billion for the term of that deal, not per year. If they shelled out that much per year, than thats like 30 million per team just to broadcast 1 regular season game a week
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Nope...its PER YEAR.
As evidenced by this quote in the article...
Under its current eight-year, $4.4 billion contract, ABC has paid an average of $550 million per year to broadcast Monday Night Football -- exactly one-half of the annual average that ESPN has agreed to pay.
There are 18 weeks in the NFL season (with bye weeks included)
So.. 1.1 Billion divided by 18 is actually 61 million a week. Unbeleivable.
All this on a network that reaches FEWER homes than that of ABC, a network that said it LOST money at half the price.
I dont understand the whole idea here....they cant possibly make up that kind of money on advertising alone im sure, but again I dont know and there are the cable fees they receive as well.