Nov 2, 2011, 12:34 PM EDT
As Steele later tweeted, this would simply be about the costs of programming, not about actually, you know, wanting to buy a baseball team. She notes that the network could spend as much as $3 billion over 17 years for the TV rights to the Dodgers, as bid against other potential competitors for those rights. But if they bought the team they could spend somewhere between $800 million and $1 billion now for the team and guarantee themselves the TV rights. Not for free, of course — media right holders who also own the team have always paid themselves something for the privilege of broadcasting — but it’s a way lower number than the network would have to pay by itself, bidding against other networks.
For those of you who can’t remember life before Frank McCourt, Fox was the previous owner of the Dodgers. And one of the biggest reasons they sold the team in 2004 is that they are a broadcasting company, not a sports management company, so they lost money on the team. Which they only really had for the broadcast rights anyway. Sound familiar?
Yes, the world of team-owned media outlets (or media-owned team content providers) has grown far more sophisticated in the past several years and, yes, it’s possible that Fox would take a totally different tack if they were to take over the Dodgers again. But really, should they even be given the chance? Their bailing on the team last time gave us Frank McCourt to begin with.
- Mike Trout hit his 100th career home run to become the youngest member of the 100 HR/100 SB club 7
- Make that two: Alex Rodriguez hits second homer of the night, giving him 658 for his career 24
- Alex Rodriguez hit his 657th career home run 43
- Let’s all just stare at Kris Bryant’s numbers for a while 27
- And That Happened: Thursday’s scores and highlights 39
- The wait is over: The Cubs are calling up top prospect Kris Bryant on Friday 99
- Carlos Gomez headed to disabled list with hamstring injury 11
- The Commissioner’s Office thinks that the Angels could indeed go after Josh Hamilton under his contract 153
- The Commissioner’s Office thinks that the Angels could indeed go after Josh Hamilton under his contract (153)
- “Why Ted Cruz is like the Atlanta Braves” (150)
- “We no longer need the terrorists. We’re now so good at terrorizing ourselves.” (143)
- Another argument in favor of making the DH universal (127)
- When it comes to Josh Hamilton, Arte Moreno is a craven opportunist, not a “smart businessman” (116)