Apr 11, 2012, 1:30 PM EDT
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.
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- And That Happened: Sunday’s scores and highlights 53
- The benches cleared in Toronto, too 78
- The Reds’ and Pirates’ benches cleared after Brandon Phillips was hit with a pitch 60
- Reminder: even though the trade deadline has passed, trades can still happen 13
- Settling the Scores: Saturday’s results 36
- Lucas Duda’s last eight hits have been home runs 11
- Report: Larry Lucchino stepping down as president and CEO of the Red Sox 32
- The benches cleared in Friday’s Giants-Rangers game (205)
- Blue Jays acquire David Price from the Tigers (113)
- Rangers land ace left-hander Cole Hamels from Phillies (106)
- Royals make another big move, get Ben Zobrist from A’s (95)
- Report: Rockies trade Troy Tulowitzki to Blue Jays for Jose Reyes and prospects (92)