Dec 14, 2012, 11:02 AM EST
The Nationals and Orioles have had a longstanding dispute over cable rights fees. Both teams have deals with MASN, but Peter Angelos owns MASN, and he and the network have been fighting with the Nats, who claim that they are getting less money for their broadcast rights than they deserve.
So far negotiations haven’t gone anywhere, but Major League Baseball may have a solution:
Major League Baseball has asked a private investment bank to seek potential new owners for the rights that are now held by the regional sports network controlled by Orioles owner Peter Angelos. Allen & Co., a New York-based investment bank, is seeking buyers to acquire the two franchises’ broadcast rights from the Mid-Atlantic Sports Network, according to two people with direct knowledge of the matter who spoke on condition of anonymity.
And once they had them, they’d set up a new Nats-only network.
All of this, by the way, is the result of the dealmaking that MLB did with Peter Angelos when they moved the Nationals into the Orioles’ territory, so it makes sense that MLB step in and try to solve this rather than sit back and take its usual passive approach.
- Report: Red Sox make $95 million offer to Pablo Sandoval 2
- White Sox sign Adam LaRoche to two-year, $25 million deal 28
- Report: Red Sox offer Jon Lester six years, $110-120 million 71
- Report: “There is a 90 percent chance that Pablo Sandoval will sign with the Red Sox” 130
- A’s sign Billy Butler to three-year, $30 million contract 84
- Cardinals reportedly joining pursuit of Jon Lester 65
- Giancarlo Stanton’s contract is backloaded. REALLY backloaded. 148
- Braves and Cardinals swap Jason Heyward and Shelby Miller in blockbuster deal 157
- Braves and Cardinals swap Jason Heyward and Shelby Miller in blockbuster deal (157)
- Giancarlo Stanton’s contract is backloaded. REALLY backloaded. (148)
- Blue Jays sign Russell Martin to five-year, $82 million deal (135)
- Report: “There is a 90 percent chance that Pablo Sandoval will sign with the Red Sox” (130)
- Sexual assualt charges reinstated against Tigers pitcher Evan Reed (125)