Apr 11, 2012, 1:30 PM EST
What has been driving the huge free agent deals we saw this past winter, the large contract extensions we’ve seen recently and the $2 billion sale price of the Los Angeles Dodgers? Why, big-time increases in broadcast rights fees, that’s what.
Today at Variety our friend Jon Weisman takes a look at this phenomenon, what is behind it and asks whether it’s sustainable or, rather, if it’s a big bubble that could be popped via cable TV regulation or something.
It behooves you to read this if you care at all about the financial context in which baseball currently finds itself, as broadcast rights and the riches they are raining down on the game are the most important thing impacting it, by far.
- Report: Yankees have agreed to a three-year deal with Carlos Beltran 104
- Mike Napoli agrees to two-year, $32 million deal with Red Sox 32
- Curtis Granderson leaves Yankees for Mets (and $60 million) 66
- Robinson Cano agrees to $240 million deal with Mariners 259
- MLB, NPB nearing new posting system agreement 9
- Robinson Cano agrees to $240 million deal with Mariners (259)
- Yankees agree to seven-year, $153M contract with free agent outfielder Jacoby Ellsbury (160)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (106)
- When will the Yankees regret the Jacoby Ellsbury contract? (101)