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Padres’ new television deal worth $25-30 million per season

May 20, 2011, 10:47 AM EDT

television money

Three weeks ago Padres chief executive officer Jeff Moorad revealed that the team had “several active discussions going on at the moment” for a new television contract and now John Maffei of the North County Times has the details.

According to Maffei the Padres are close to signing a new deal with FOX “that will net the club between $25-30 million a season, a sizable increase over what the team is receiving from Channel 4 San Diego.”

Maffei reports that the deal could be for as long as 20 years and FOX may create an FSN San Diego channel to feature the games. Currently the Padres receive about $15 million per season for their television rights, so an increase to $30 million per season could have a dramatic impact on a payroll that is fourth-lowest in baseball at $46 million.

  1. b7p19 - May 20, 2011 at 10:58 AM

    I’m not going to get too excited, but this is good news none-the-less.

  2. yankeesfanlen - May 20, 2011 at 11:21 AM

    I have no frame of refernce to know if this amount is good, bad, or indifferent. How much do the Yankees make through the YES network?
    Or is that another “Price?-No man can say”?

    • IdahoMariner - May 20, 2011 at 11:52 AM

      actually, a better frame of reference to determine whether this is good, bad or indifferent, would be to find out how much Kansas City makes, or Milwaukee or some other team in that range, with that size of a market.

      of course, I have no idea of the answer to that :) but comparing any deal to the Yankees-owned-biggest-market-cash-cow might not reveal much actual information.

    • indyralph - May 20, 2011 at 12:08 PM

      According to Forbes, in 2010. “The YES Network, the team’s 34%-owned regional sports channel, is the most profitable RSN in the country and had over $400 million in revenue last year.” For 2009 Forbes says, “YES, which has sent dividend checks to the Yankees exceeding $100 million on top of the $84 annual million rights fee they pay to the team, is branching out beyond the New York market (exclusive of live Yankee telecasts).”

      So yeah, the Padres have a ways to go.

  3. APBA Guy - May 20, 2011 at 11:36 AM

    This is good news. a $10-15M increase means keeping 1-2 more youngish arb eligible players and signing 1-2 more moderate free agents per year. That should in turn generate a modest attendance bump, giving them further flexibility. They may not be able to keep more than 1 star player going forward until their attendance moves up consistently, but the next home-grown talent like Adrian Gonzalez (local guy, Latin heritage, etc) who has tremendous local fan appeal, they should be able to keep. And that’s all good because SD is a beautiful city and Petco, though large, is an excellent facility in a terrific location.

    • b7p19 - May 20, 2011 at 12:06 PM

      Very well said. You lifted my spirits. Now I’m off to prepare for this weekends huge series against our natural rivals….the SEATTLE Mariners.

  4. hansob - May 20, 2011 at 3:00 PM

    The Twins are in the 2nd-to-last year of an 8 yr/$12M deal with FSN. $12M TOTAL. And they are at least top 10 for number of viewers per game, way above the Padres. How is that possible? I honestly don’t get that at all. Based on this, and the Rangers getting a reported $80M a year, are the Twins not worth at least $50M a year? Because that’s 30 times what they are getting now.

  5. jimbo1949 - May 20, 2011 at 4:47 PM

    Hope that they keep Dick Enberg, another guy who is a pleasure to listen to.

  6. micker716 - May 20, 2011 at 10:38 PM

    For that kind of scratch, I’m guessing FOX will make the games available for all the cable and satellite systems. Cox has treated the Padres like a loss leader for too long.

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