Apr 26, 2011, 8:24 AM EDT
When Major League Baseball moved to take over the Dodgers last week, Frank McCourt’s new attack dog Steve Soboroff claimed that McCourt was being done dirty. He claimed that MLB was holding McCourt’s ATM card and not letting him take advantage of the $3 billion TV rights offer FOX had made him. An offer that would cure all which ailed the Los Angeles Dodgers.
Only one slight problem with that. The offer wasn’t really for $3 billion. It was for a bit over half of that:
Contrary to previous reports published in the Los Angeles Times and elsewhere, the new deal is not for 20 years at a price tag of $3 billion — rather, it is a 13-year deal valued at $1.6 billion, a person familiar with the pact said.
The Texas Rangers just got a $1.6 billion TV deal, albeit over seven more years. Still, the Los Angeles metro area is about twice the size of the Dallas Metro area, and I presume the disparity in the number of potential TV viewers grows greater as you move out into the larger market. In other words. it would seem that FOX’s offer to the Dodgers is low.
Which makes sense, because Frank McCourt is over a barrel. He’s exactly the kind of guy you try to lowball right now. FOX likely smells opportunity and Major League Baseball is right to intervene and not allow McCourt to leave money on the table that, in all likelihood, will be funding the team’s operations long after he has ridden off into the sunset.
You know. Like this.
- Report: Rangers will pay Josh Hamilton less than $7 million; deal includes opt-out after two years 44
- Suspensions announced for Thursday’s brawl between the White Sox and Royals 60
- Settling the Score: Friday’s results 79
- Report: Angels, Rangers agree on Josh Hamilton trade 66
- Must-Click Link: Alex Rodriguzez: the slugger with a thousand faces 22
- And That Happened: Thursday’s scores and highlights 114
- The Royals and White Sox had a benches-clearing fracas, five players ejected 155
- Bartolo Colon picks off a baserunner. By running him down all by himself. 55
- The early leaders in MLB’s “Franchise Four” thing have been announced (166)
- The Royals and White Sox had a benches-clearing fracas, five players ejected (155)
- Kelvin Herrera gets a five-game suspension; Yordano Ventura fined (133)
- Jose Bautista and the Orioles exchanged some words last night (117)
- Joe Buck has a truly awful suggestion about how to improve MLB broadcasts (116)