Quote:
Originally Posted by nfotiu
It sounds like hope that the pro sports leagues would acquire the Bally Sports nets has faded, and they are likely heading to a fairly imminent bankruptcy.
https://nypost.com/2022/12/18/mlb-nb...works-sources/
That would leave 12 teams without TV deals or at least severely diminished deals. Probably 500-750 million in combined revenue will evaporate when that happens, and there aren't any obvious solutions to recover that revenue that was built on an unsustainable carriage fee model.
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Quote:
Originally Posted by powderjunkie
That sounds way too high for a single year. The article references $60M/yr for the Padres...who I'm sure aren't an amazing viewership draw, but they are the only game in town for a 3M+ metro area. With twice as many games.
Maybe 4 of those NHL contracts are somewhat lucrative: LAK/DET/STL/MIN
The other 8 are probably pretty cheap: ANA/DAL/ARI/FLA/TBL/CAR/CBJ/NAS
And if those contracts do all evaporate, they will be replaced with something, even if it's a lot cheaper. I suspect these regional deals also include in-rink advertising and an exclusive gambling partnership. So even if the TV rights sell cheaper, they can still sell those rink boards and partner with Draft Kings/etc
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I wonder if Amazon would consider getting into the RSN mix to pickup this upcoming vacancy? Now that they've got NFL broadcasts, I'd imagine their long term goal is to do multiple sports.