LA Dodgers might not get all of the $7B from the Time Warner TV deal

Rev

Bong
Joined
Apr 30, 2012
Messages
23,140
Reputation
3,822
Daps
74,769
Reppin
Uptown
...due to revenue sharing. Goddamn, being a baseball owner is THE shyt!

Jeffrey Loria for the :win:

Dodgers' $7B+ deal with Time Warner Cable hits snag - NYPOST.com

The Los Angeles Dodgers’ record $7 billion-plus media-rights deal with Time Warner Cable has hit a major-league snag, The Post has learned.

Guggenheim Partners and other owners of the team could lose as much as $1 billion of Time Warner Cable’s cash to Major League Baseball’s revenue-sharing plan because of the way the deal is structured, sources said.

Under the unusual 25-year deal, Time Warner Cable is guaranteeing SportsNet LA, the team’s new regional sports network, $4 a month from every eligible Los Angeles-area household — whether its pay-TV provider carries the new RSN or not, according to a source.

Because the cash is guaranteed regardless of how successful (or not) SportsNet LA becomes, MLB may treat it more like cash from a stadium naming-rights deal and force the Dodgers to share it with the other 29 MLB clubs, sources said.
 
Top