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Television Rights Newsbeat
Friday, December 14, 2012
Former red-headed stepchild franchise now courted by rich suitors.
Reached at his office last week, Steve Greenberg, a managing director at Allen & Co. who has deep ties to baseball, would neither confirm nor deny the investment bank’s involvement.
Through a spokesman, MLB declined to comment. The Nationals, through a spokesman, also declined comment.
Another individual familiar with MASN and the Orioles said the network has not been approached about a potential sale and that MASN is not for sale.
Well…you just KNOW something is up with all those “no comment” comments!
Sunday, November 25, 2012
The previous agreement expires at the end of next season, and saw Fox Sports paying only about $40 million per season for the Dodgers TV rights. There was speculation the final price would just go north tof $150 million per season. This new deal soars to $280 million per season (the average for the life of the contract). The huge outlay by News Corp demonstrates the increasing value of sports to its bottom line, while the huge payday for Guggenheim offsets the record-setting $2.15 billion price paid for the Dodgers.
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