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Padres close to new television contract with FOX Sports

Sep 1, 2011, 5:16 PM EDT

television money

Padres chief executive officer Jeff Moorad has said repeatedly that the team’s next television deal would lead to a significant increase in revenue and payroll, and it looks like that deal will be with FOX Sports.

Jay Posner of the San Diego Union Tribune reports that “the Padres and Fox Sports Regional Networks are very close to an agreement in principle for a new network called Fox Sports San Diego to carry Padres games beginning with the 2012 season.”

MLB must sign off on the deal, but that’s expected to be a formality.

Padres games have been on Channel 4 San Diego for the past 15 years, but with the contract ending this season the assumption has always been that the team would find a new broadcast partner. According to Posner the Padres currently generate about $16 million per season in television revenue. Moorad has said that next season’s payroll will rise to at least $50 million and the Padres intend to be in the $70 million range eventually, although by the time that happens $70 million will likely be among MLB’s lowest payrolls.

  1. SmackSaw - Sep 1, 2011 at 6:03 PM

    The most profitable team in baseball is gonna make mo’ money

  2. serbingood - Sep 1, 2011 at 8:59 PM

    Fox MLB broadcasts have bothered me for a long time. It’s not just Joe Buck, but the way they use a sporting event to cross promote their TV shows. It’s almost like the baseball game is secondary to running self promo. Also the blackout restrictions placed by Fox/MLB s%ucks. I live in NV and virtually any California game played is blacked out here.

    I hope the $$ for San Diego goes to more and better players. They can be an exciting team and the city deserves better.

  3. icanspeel - Sep 2, 2011 at 12:33 PM

    Should be a good deal for the Padres considering the Cox deal was pretty bad as it paid less and limited the games to people who had Cox and Cox wasn’t into sharing (or leasing) the games.

    • micker716 - Sep 2, 2011 at 5:25 PM

      Yeah, Cox really handled their cable monopoly poorly. I really resented being held hostage. Have already made my appointment to switch back to AT&T on 9/30. I do hope some of the TV people (Grant, Scanlan, Kavnar) come over to FOX.

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