buy kamagra 100mg chewable jelly discount code for toradol sinequan usa prograf from india celebrex generic usa order metoclopramide online uk accutane pharmaceutical company glucophage 1000 mg tablets generic neurontin uk paypal side effects of acticin comprar kamagra gel em portugal depakote uk boots order orlistat pill side effects of using ciprodex hoodia lawsuit canada coumadin tablets indications donde comprar viagra super active dapoxetine hydrochloride brands in india cheap genuine norvasc online indinavir where to get cipla news latest maximum dose of ranitidine in pregnancy meloxicam dose rabbits what is the generic name for celebrex prandin no prescription needed zenegra comprar phylum class order alligator how to wean off celexa medication can i get zyrtec at walgreens propecia boots cost cost of augmentin at cvs diflucan 100 mg cailas is imitrex sold over the counter ranbaxy caverta 25 buy prescriptions from india blopress on line tinidazole for purchase is there a generic diovan hct generic kamagra mexico no prescription zenegra echeck how often can i get a toradol shot buy doxazosin online without prescription buy zantac online us no prescription health canada seroquel gebruikelijke dosering lexapro best drugstore liquid foundation for oily skin 2011 eldepryl for sale uk online prescription viagra canada buy suhagra perth australia cialis jelly shipping overseas zaditor italiano brand levitra online pharmacy order geriforte syrup online uk best online pharmacy generic imuran where can i get avapro pills asacol capsules possible side effects of allopurinol can prometrium pills be cut in half valtrex over the counter substitute what does phenergan look like emsam ordering online pharmacy viramune online uk buy retin a without prescription what does bystolic pill look like injectable lasix shortage purchase levaquin cheap pharmacy 500mg order zanaflex tablets buy toprol low cheap price buy floxin otic benfotiamine order canada can i buy fucidin in canada elimite bonus pills prilosec coupons 2010 order ophthacare overnight pharmacy+melbourne relafen pharmacy prices list canadian pharmacy primatene order ceftin pharmacy is mail order procardia safe new drug better than plavix buy ed drugs canada trimix moduretic drug information inderal mg no prescription best generic feldene review online pharmacy genuine medications all types tofranil pills combivient no prescription wellbutrin sr roche precio argentina anafranil capsules 25mg 50mg mobic from canada online us pharmacy online allegra suprax dose for sinusitis how to import prednisolone trimox dosage recommended cialis de 50 mg astelin 50mg tablets how tall is alli simpson propranolol medication online purchase anafranil 25mg flomax price compare 100 mg cefixime what class of drug is actos buying florinef for dogs ordering low dose xenical best place buy proscar pct cheap pharmacy schools texas how to get cardura drug buy generic methotrexate online lowest price azulfidine boots anti dandruff shampoo ketoconazole cheap aceon sale uk can you buy brand levitra iv protonix drip dose mupirocin resistance gene buspar cheap max menyhart periactin prices cvs where to buy generic viagra online buy etodolac mexican pharmacies how much does cymbalta cost with insurance quiero comprar tetracycline discount combivent otc buy amoxil online no prescription fast delivery black market viagra in canada aciclovir medicine children what medication is prescribed for anxiety and depression buy wellbutrin sr australia revatio generic release date prinivil online pharmacy uk how to use praziquantel for cats kamagra now approved best place buy fluoxetine paroxetine hydrochloride 20 mg high bringing prescription medicine into the uk valtrex discount code feldene gel 112g coversyl plus dose cost of prednisone 10mg buy actonel bulk can i order cialis no prescription in the usa buy tretinoin 0,05 tablets online doxycycline 50 mg reviews benicar without prescription buy alli refill pack already using minocin trusted online drug stores in canada singulair india illegal drugs statistics uk haridra over counter what are the side effects of topamax diovan online in usa elocon cream usage orlistat price south africa buyers of atorlip-20 canada most reliable place to buy artane online amoxil 250 mg safe pregnancy lotrisone side effects long term use lipitor no prescription lamictal drug schedule vermox tablets online meloxicam 15 mg tablet lup torsemide maximum dosage protonix drugs use best place to buy ceftin in india cipro xr 1000 mg precio can you buy depakote no prescription pharmacy bactrim buy online cephalexin capsules 500mg dosage what are the side effects of taking nitrofurantoin viagra for sale canada voveran sr without script buy baclofen online us no prescription 20mg prednisone high dose how much does walgreens pay employees per hour mobic 15 mg price buy zoloft 10 buy westhroid thyroid acquisto lipitor sicuro online levitra medication how to buy combivent alesse overnight shipping cheap where to get estrace cheap abilify online no rx pharmacy where can i buy fresh acai berries in the uk ordering cialis online best price for augmentin can i get pregnant while taking valtrex benfotiamine manufacturers india what is the dosage for roxithromycin where can i get generic accutane bactrim generico online order pilex 120 mg aspirin usa kaufen best online pharmacy generic hytrin do you need rx cialis super active most reliable place to buy levitra professional online prilosec for men sale in uk tramadol overdose how much health canada zyvox viagra online shopping diltiazem dose for svt singulair buy online uk is sustiva legal in uk how much is azithromycin over the counter valtrex from europe can you only get gyne-lotrimin on prescription methylprenisolone next day suprax 100 mg dosage where can i buy zyprexa online non prescription canadian pharmacy boots pharmacy hong kong store chewable viagra popular in mexico cheap levitra plus 40 mg wellbutrin pills sweat what does korean ginseng do for men cheap genuine luvox online buy propranolol online with out prescription is my canadian pharmacy real cost of requip xl lexapro for discount alli online from india purinethol online cheap cheap arimidex free delivery malegra fxt australia reglan low cost does zyrtec come in 5mg tablets pravachol price compare where can i buy diazepam online buy ventolin boots pharmacy non persciption dipyridamole cost of serevent without insurance order cheap ephedraxin osco pharmacy store locator side effects of glucophage 500 mg common side effects of bactroban atarax 25 mg dosering cipla medpro jerome smith buy albendazole pills in the canada does hydrochlorothiazide affect birth control pills benadryl capsules dosage for dogs can you buy retino-a cream 0,025 how long does it take for unisom to kick in relafen online in us aricept canada no prescription can you only get clomid on prescription dosage of cefixime in typhoid cheap genuine ampicillin online naltrexone price canada indian generics online sumycin evista discount medications generic tegretol safe buy aristocort 80 mg online buy brand erexin-v phenamax brand positioning pastillas abortivas cytotec efectos secundarios practicing pharmacy in canada drugstore hyzaar online fastpillstore different types of drugs list dipyridamole generic wikipedia drugs nexium discounts and coupons proscar hair loss treatment women viagra liquid for woman lasix with american express where can i buy prescription drugs online no prescription canada order arimidex zithromax shop minomycin coupons erection packs 2 canada nitrofurantoin shopping lipitor online with out prescription brand cialis drug oversea promethazine where to get buy sinemet plus what is nitrofurantoin mono 100mg eulexin for sale fast lasix delivery list of tesco stores selling zantac do i need a prescription for bupropion generic blopress buy canada is it legal to import viagra to the uk cialis singapore cvs caremark mail order pharmacy forms can you buy retin-a 0,025 online retin-a 0,05 to buy from europe rxlist zithromax drug noroxin perth australia can you get cytoxan over the counter accutane on line in the uk how to use bentyl tetracycline canadian pharmacy what is the dosage for ciprodex otic how to by fluoxetine online cafergot tablets 40mg cefixime pills drugstore canadian zyprexa tablet lisinopril price costco cialis sublingual refill pack diltiazem cd generic flagyl er medicine online citalopram coupon code tegretol 20mg ml cost alli diet pills rumalaya forte generic 2013 drugs citalopram overnight buy mentax cheap differin non perscription countries cialis tabletten exelon medication wikipedia sildenafil cialis generico norvasc buy uk revia without insurance etodolac dosage hair loss tablets for men propecia free viagra sample pack canada levaquin fast usa side effects of requip for restless legs us pharmacies online that sell brand viagra z pack dosage for strep throat cialis 2.5mg side effects kann man viagra frei kaufen can you buy flovent mcg periactin without a prescription from mexico how much is digoxin tablets malegra fxt from india buy brand coreg acheter pas cher benicar zenegra no rx order femara 2.5 mg tablets sildenafil citrate 20 mg tablet ceftin sale where cane i buy alligator tail meat atarax without rx is generic ephedraxin available in usa price increase roxithromycin when to draw dilantin level oder mg tablets of tamoxifen buy sarafem with e check side effects of omeprazole in children lexapro escitalopram oxalate tablets 10 mg best online pharmacy generic indinavir triamcinolone acetonide cream acne isoniazid drugs interactions discount canadian pharmacy zanaflex zithromax 5 pack sky pharmacy reviews what is promethazine used for to treat purchase malegra fxt online can i order doxycycline no prescription in the usa viagra vipps dulcolax suppository order what pill is better yaz or yasmin generic actos switzerland mercaptopurine crohn;s side effects benadryl drug class can glucophage make you gain weight how to import emails from microsoft outlook 2007 to windows live mail red viagra watermelon zoloft generic brand names www rx drugs support com zovirax side effects liver altace tablets purchase on line comprar finpecia online buy seroquel xr online decadron direct pharmacy what does allegra mean in italian sustiva over the counter purchase generic elimite can you get zaditor 1 000 games flash games insulin tolerance test results can you buy viagra in egypt best online pharmacy generic liposafe buy lotensin patch purchase cheap dapoxetine online dilantin tablets 150 mg fast minipress delivery order clozaril online with visa how to make lean out of promethazine pills avodart pills online in the india list of legal drugs in usa lamisil price australia generic adalat buy canada methotrexate uk next day delivery ivermectin for pigs clomid challenge test what is allicin in garlic do you need rx altace retin-a ge daily use reviews how long to take speman order toprol xl pill doxycycline generic lisinopril 2.5mg tablet picture leukeran cats precautions generic cialis overnight delivery proventil pill canadian flagyl 400 bula dipyridamole for purchase nizoral italiano promethazine uk over the counter alternative medicine for actos order plavix online without rx cat costa triderm unguent online sale of cafergot how to take femara bodybuilding purpose sublingual drugs detrol overnight delivery buy flonase bulk chloroquine phosphate side effects buy pet meds canada online losartan medication class is mail order avandamet safe can we trust dipyridamole online list of pharmacy in india are alligators dangerous to kayakers how to order duphalac olanzapine dosage for depression cost of benicar 20 mg generic mexican viagra where can i buy fluoxetine uk tenormin lowest price fluoxetine 10 mg weight gain viagra soft noprescrition needed canada online pharmacy benicar dose ditropan 5mg side effects aristocort c 0.5 pak online tv live pharmacy has best price betapace can we trust metoclopramide online zyrtec side effects in infants best pills for water retention zofran over counter drug augmentin medication guide cialis preis schweiz xenical forums himplasia online pharmacy uk onde comprar femproporex e fluoxetina what are the side effects of lamisil pills trandate shortage 2012 trandate prices dog heartworm medicine online how to purchase glucophage online how long do i need to take doxycycline for malaria amaryl generic release date penegra over the counter is maxalt available in generic generic uk paypal cialis super active order viagra jelly from online without buy saw palmetto usa buy moduretic 20 flovent inhaler for dogs buy alphagan us drugstore brimonidine buying quibron-t in manchester indian pharmaceutical alliance ipa members levitra overnight shipping himcolin dosage too high where do i buy paxil buy diflucan online without prescription como comprar sinequan prescription nausea medicine sildenafil dose kamagra noprescrition needed uk online pharmacy buy aygestin online pharmacy lidocaine ointment maxalt uk brand name low cost spay and neuter alliance tx para que sirve el bactrim compuesto elimite buy online us nexium is supplied in capsules that are delayed release xalatan shoppers drug mart haridra for sale philippines current price elimite floxin otic dosage motilium m siro viagra online pharmacies with out prescription mexican plendil what does levaquin treat how much does celexa cost at walgreens ampicillin drug insert abilify aripiprazole 15 mg zyprexa medicine price low dose naltrexone nhs dutasteride vs finasteride hair how to order elocon buy cheap trimox pills indian pharmacy cialis jelly risperdal for autism user reviews probalan tablets lexapro buy australia purchase lisinopril in uk best price for artane alavert perth australia cost mifepristone misoprostol uk order viagra super active no rx canadian pharmacy pyridium online usa no prescription atacand dosering lisinipril canada adalat buy on line where to purchase promethazine hydromorphone injection cost how to buy silagra in london purchase seroquel online retin a janssen cilag effexor xr over counter comprar lotensin online paroxetine er 12.5mg tablets vermox cheap online washington low income housing alliance state budget non profit buy tetracycline 40 mail order generic abilify order colospa online in usa the online drugstore motilium next best thing to viagra non generic alphagan no prescription online roxithromycin dosage forms viagra jelly side effects to buy tadalis sx cheapest synthroid in the uk price increase levitra professional cruelty free drugstore makeup brands mometasone furoate 0.1 ointment minocycline dosage instructions canadian generic cialis 1st place flomax order online cialis from india mt tadalafil oral prednisone dose for dogs buy generic diamox online are canadian drugs legal in us how to purchase albendazole online capoten in the uk now clozaril drugstore buy online mg celexa withdrawal nausea buy actonel next day side effects drinking alcohol while prednisone aldactone 100 mg effets secondaires indian levitra super active bactrim online from canada where to buy aciclovir 200mg tablets ordering erection packs 2 usa xalatan eye drops spc where can i buy birth control pills over the counter in canada trinessa vs ortho tri cyclen ingredients levitra no prescription canadian pharmacy online pharmacy uk fincar femara no prrescription kegunaan celebrex 100 mg buy cardizem in australia citalopram overdose treatment order online alligator meat terbutaline sulphate solubility buy lanoxin online at canada pharmacy where to get free plavix non prescription vantin pharmacy calan dosage blood pressure nitroglycerin stored how online pharmacy uk inderal testosterone cream uk what is avalide prescribed for birth control pills lexapro low cost overnight grifulvin v what is allopurinol pills used for jay leno obama clinton cialis commercial toprol xl rx list buy methotrexate next day canadian drugstore makeup brushes order propecia online no prescription paroxetine online pay paypal kamagra gold 100 relafen tablets from buy brand fluoxetine buy can you buy viagra super active online singulair 10 mg unisom 2 side effects kamagra pills india phone in order for ralista methotrexate on back order voltaren 50 ec tablet how to take propecia mg sildenafil generico prezzo cialis e-shops europe allegra ships from india 0.25 mg propecia cheap erythromycin uk aciclovir dosage where can i purchase betapace best online canadian pharmacy no prescription pill zyprexa side effects sale ethionamide moduretic buy on line what is etodolac er 400 mg dilaudid hydromorphone 2mg resources for artane all types zithromax pills buy tetracycline low cheap price lowest priced zebeta retin-a ge roche precio argentina orlistat 120mg amazon best place to buy combivent buy abana 1 tablets getting viagra jelly in australia cheap lipothin uk cephalexin sale online metformin hydrochloride sustained release tablets 500 mg uses low cost haridra finax online usa cheap retin-a 0,05 no prescription cytotec capsules can you buy levitra plus in ireland viagra 100mg olanzapine 40 mg dose average cost revatio buy eldepryl online no prescription united states calcium carbonate prescription coupon clonidine dosage for anxiety can order indocin canada azathioprine nhs best drugstore foundation for prom does acai berry tablets work weight loss no prescription viagra online mexico hydroxyzine tablets uk what does methotrexate treat ampicillin cost in canada lantus insulin pen how to by vasotec online buy fluoxetine 40 mg online no prescription robaxin canada companies only bupron sr online pharmacy uk prednisona bula preo acupuncture and clomid success best online pharmacy generic viramune lopid 600mg tablets aqua bandstand dress depakote and alcohol abuse naltrexone implant buy etodolac next day cost of alesse what is doxycycline 100mg for dogs how to take kamagra mg nexium from canada com brand viagra online ordering can you order zaditor save cheap purchase imitrex online generic pills for mircette diovan online no prescription buying l-tryptophan using paypal what is the generic for zofran safest website viagra generic biaxin uk pharmacy aldactone cost comparison glucotrol xl tablets online atorlip-5 pharmacy mail order american alliance of museums list xanax fluconazole interactions metoclopramide lawsuit buy altace no prescription fast delivery where can i get benzaclin half price entocort tadapox online store online sale of clomid coumadin cost voltaren from usa pharmacy bactrim online buy very cheap flagyl er comprar ephedraxin original en madrid generic allegra d 24 hour us pharmacies online that sell clozaril how to use nexium 40 mg is propranolol legal in uk comprar carafate original uk pharmacies online that sell buspar generic for premarin tablets where to buy lincocin drugs online what is promethazine codeine for atacand canada online no prescription fluoxetine prescriptions online prednisone dosage for dogs with gme how to use casodex lipitor tablets used licensed pharmacy clomid generic drug for motrin where can i buy tretinoin 0,025 what is seroquel 200mg tablets buying accutane without a prescription over counter zyprexa over the counter singulair generic do i need a prescription for glycomet generic celadrin usa pharmacy aldactone low dose birth control cheap pills to lose weight fast there generic form xalatan reliable non prescription pharmacy side effects of duloxetine cymbalta innopran xl shopping lipitor generic for tetracycline acne treatment side effects generic from diamox doxycycline in the uk now can i buy viagra over the counter in australia what does generic prednisone look like content aware fill cs4 what is cyklokapron tablets lamictal ordering online pharmacy xenical forum uk 2011 what is prevacid side effects skelaxin in the uk now side effects of prilosec ashwagandha online uk generic duphalac in usa mircette australia pharmacy where to diabecon cost of ayurslim buy arjuna online minipress canadian pharmacy buy reglan boots purchase prescription drugs online from canada how to buy viagra online from canada sale robaxin cheap generic zyprexa zydis can voltaren gel be used for muscle pain paroxetine buy canada 100 mg doxycycline for dogs low cost clozaril view topic generic prednisolone weight gain symptoms caverta 40mg buy cheap mircette pills over the counter fertility drugs for twins can you take caverta daily order lamictal xr canada levitra daily use reviews purchase prometrium pills minomycin from usa allopurinol on line for sale no script eastern bluebird sialia sialis zetia on line gabapentin 300 mg make you high elavil over counter drug what is amitriptyline 25mg used for cozaar price at walmart elavil for migraines dosage buy lincocin new zealand online can you use zovirax pregnant buy over the counter mevacor online hydrochlorothiazide without prescription lotrisone cream price generic from tenormin anxiety medicine citalopram omnicef india low price finax uk dapoxetine over counter how to get cialis without prescriptions costco pharmacy drug prices generics comprar uroxatral en argentina what is the correct dosage of isoptin greenstone azithromycin 250 allopurinol uk brand name what color is lisinopril 10 mg ordering calan view topic lexapro online in usa cheapest dipyridamole low cost robaxin viagra no prescription paypal isoptin online overnight what does propranolol 20 mg look like what does the medicine carafate do recommended lamictal dosage bipolar disorder list of tesco stores selling danazol avodart generic substitute purchase generic fml forte 100 mg calan zofran maximum daily dosage overnight pharmacy metoclopramide order metoclopramide us cheap price buy compazine generic paroxetine ingredients tamoxifen online india tetracycline 100mg buy discount alphagan mg diclofenac sodium drinking alcohol cheap diarex free delivery diclofenac sodium er 50 mg tablet dr buy sustiva in singapore no prescription levitra plus where is tahiti bora bora on the map uk version of luvox buy cymbalta boots pharmacy order flagyl er medication by mail to buy purinethol in uk how to buy myambutol in london getting estrace in australia how much does generic singulair cost mail order generic zyvox stromectol to buy in england sildenafil aurochem side effects cheap trimox uk side effects of voltaren injection buy feldene online amazon what does phenergan do histamine acticin drugstore online cheap aricept kytril mg price can i make orlistat revia from usa ordering viagra super active how long does levitra last can you get skelaxin increase male fertility drugs indocin from merck what is famvir drugs online pharmacy affiliate forums revatio dosage instructions panax ginseng italiano femara barato no prescription premarin sale get finax toronto medrol tablets on line to buy quiero comprar seroquel cheap adalat 3 pharmacy where can i get clothes like alli simpson non prescription medicines list purchase prednisone 5 mg strattera uk boots how to buy detrol what is the recommended dosage for depakote acai berry recommended daily dosage lowest priced prednisolone ampicillin dose for meningitis zofran over the counter compare cialis viagra dosage lasix overnight order vasodilan mg buy prednisone dose for copd exacerbation o cloridrato de sertralina pode ser usado para emagrecer is it safe to order tetracycline prazosin delivery lotrisone cream how supplied dabur ashwagandha churna price in india side effects of ciprofloxacin hcl 500 mg tab caverta 100 mg. caverta drug maker recalls generic lipitor in us cost of differin 0.1 ventolin salbutamol syrup licensed pharmacy valtrex femcare pharmacy prices list cheapest generic imitrex indocin compatibility floxin online without prescription purchase biaxin in usa cipla company india atorvastatin side effects rash provera pct buy buy canada no prescription for decadron cheap prescriptions drugs online number 1 drugstore online wellbutrin tablets uk generic advair diskus 100 51 canada drugs mobic with prescription valtrex shingles rxlist tofranil sold over counter indian generics online levitra professional vasodilan online usa cardizem uk brand name cabgolin uk brand name homeopathic medicine online store canada provera for dogs buy buy cephalexin online safely nolvadex sublingual dosage epimedium: the active ingredient in epimedium has the same properties as viagra. most popular illegal drugs in usa reviews forum 100mg generic viagra soft tabs pilex tablets price can you buy cialis over the counter in mexico amoxil drug in canada pharmacy regenon retard 75mg what is the pain medicine toradol evista usa pharmacy canada drugs nexium with prescription purchase phenergan lowest price buy african mango pills canada order generic viagra with mastercard effexor xr anxiety reviews legal to buy erythromycin ic lisinopril-hctz 20-12.5 mg tab duracion de los efectos secundarios de la prednisona nexium and pregnancy australia acid reflux drugs singulair 4mg chewable tablet flagyl dosage for cats giardia safe buy voltaren online apo-citalopram 20 mg tablet cost of digoxin pill identifier canada tec motrin 100mg cheap retino-a cream 0,025 usa canadian pharmacy buy aciphex cafergot migraine pills viagra jelly discounts codes where to get metformin pct wellbutrin tablets side effects doxycycline prices without insurance amitriptyline on line in the india official canada pharmacy coupons carafate slurry used phenergan online india proventil inhaler dose things lithium is found in adalat retard dose singulair 10mg tablets apcalis sx 5mg tablets actos sales data zyvox pill canadian reminyl 8 mg tablet flonase drug store online what is pulmicort inhaler used for prednisone affect birth control pills buy zanaflex 4mg trental 40 mg dose information on actonel medication nizagara birth control online canada uk buy plavix without prescription mail order pharmacy jobs in california allergy medicine benadryl side effects elocon cream used poison ivy best site buy viagra cytotec from china discount fml forte mg avodart sales 2009 side effects of propecia 1mg prescription phentermine reviews beconase aq over the counter cabgolin .5 use tamoxifen pill shortage ordering kamagra oral jelly here in canada better than etodolac buy omnicef for daily use viagra preis retin-a 0,025 prices usa viagra 50 mg prices comprar cialis generico paypal rx uroxatral std chlamydia symptoms in men viagra effects how long lasting is carbozyne legal in uk buy periactin mg kamagra now co uk tablets protonix side effects uk using betnovate pregnancy acheter glucotrol xl what is the correct dosage of doxycycline do you need rx antabuse imitrex usa cvs prices cleocin online usa no prescription mail-order compazine cefixime delivery uk metronidazole uses for dogs cialis online greece buy flomax online no prescription united states new canadian drug laws 2012 pharmaceutical companies india wiki alli tablets on line to buy what does duphalac syrup do order etodolac cheap endep now co uk how long does it take levitra to take effect artane online price best price for generic accutane can i order tinidazole no prescription in the usa walgreens wellbutrin prices bbc 1 para que sirve el medicamento xerograx duloxetine side effects men keflex delivery london levitra plus reviews trial erection packs 3 reviews order rosuvastatin online bupropion where to purchase order nizoral 2 online hair viagra professional on line in the mexico pharmacy has best price alesse american yasmin emsam order canada methocarbamol high snort does differin gel come generic pavitra rishta desi tashan 17th december 2012 lipitor cheap india pharmacy buy viagra professional 200 buy online uk aldactone without levlen italiano pilex supplier in uk buy bupropion in australia norman keith canadian health and safety law losec mups 20 mg pret ?voltaren 50 mg 40 comprimidos kamagra without prescription miami female cialis online order oval blue pill with watson 385 new pacific order alliance antabuse tablets 200mg emc generic doxazosin uk paypal cleocin side effects uk accutane dose for acne discount speman acheter fertomid safe pregnancy after accutane how long does cymbalta take to go into effect where to buy serophene drugs online depakote order dramamine pill shortage gasex himalaya prospect retino to buy in the canada without a prescription robaxin 500mg tablets doxycycline malaria prevention online sale of sominex buy minomycin mexican pharmacies cheapest naprosyn tablets uk female viagra overnight pharmacy long time side effects pyridium what does astelin treat side effects sinequan online bestellen how much does naprosyn cost without insurance can metformin help you get pregnant with pcos does lasix help pass drug test london 2012 tickets craigslist us pharmacy online colchicine levitra 20mg shop how to buy lasix online brand levitra limited india buy finpecia online without prescription buy viagra soft online in usa pioglitazone tablets i.p levaquin online without prescription buy kamagra jellyfish online where to get liv 52 phenergan medication picture buying dulcolax in manchester viagra jelly for sale in uk cost of metformin for horses walmart pharmacy clovis new mexico nizagara how to buy viagra o cialis cual es mejor buy aldara imiquimod cream 1 purchase aciclovir tablets online offering can you buy antibiotics online uk azithromycin order sinequan what is flagyl 400mg tablets used for purchase pure hyaluronic acid phenergan medicine online price chopper pharmacy generic list non rx cialis actoplus mg canadian rx minoxidil in ethiopia get purinethol las vegas what does diflucan contain side effects of dilantin iv can you buy albendazole over counter drug maximum allowable dosage viagra albenza over counter Purchase flomax 0.4 mg can you get high off ranitidine 150 mg nitroglycerin 100 starlix uk next day delivery proventil hfa inhaler cost increasing fertility cialis online india postepay safe acai buy differin cream reviews acne cytotec drug in germany pharmacy to buy kytril in uk claritin usa forzest rx depakote er without prescription valacyclovir 5 mg valtrex generic doxazosin safe toradol new zealand buy proventil online canada no prescription generics uk ltd tamoxifen skelaxin comprare albuterol fat loss dose benicar hct from india aldactone pharmacy online buy viagra online canada overnight lowest price diamox where to buy cheap generic minocin synthroid medication and weight loss health canada yagara viagra cheap mexico pharmacy how to get off lexapro xenical diet pills price order tricorn hat where can i get viagra from chennai weight gain taking dilantin cialis professional costco zocor mg usa drugs similar to bupropion buy altace fast shipping sinequan usa sale what is the shelf life of prednisone orlistat lawsuit viagra sin receta medica andorra glyset roche precio argentina btc with online pharmacy trandate rxlist minocycline acne treatment generico do keflex 500 places to order viagra l effexor side effects fatigue over the counter water pills cvs erection packs 21 discount brand zenegra for sale diclofenac gel by mail ann summers blue pill drops review methotrexate and folic acid ectopic pregnancy overstock drugstore coupon code free shipping toradol to buy from europe buy flomax with visa 100 mg aldactone for acne side effects of requip medication what is the best otc medication for ringworm how fast does chewable viagra work fosamax once weekly dose familysearch family tree dulcolax reviews stool softener strattera discount vouchers prednisone tablets shelf life actonel pills sweat order rumalaya online uk chewable dramamine free shipping cheap genuine diclofenac online flonase where to get citalopram gocce generico radio italia live in diretta how long to use zyrtec renagel pills zantac perth australia clozaril overnight shipping cheap there generic pulmicort respules canadian alliance terminals bc yasmin drugstore.com abilify max dose children order sominex 120 mg order doxazosin cardura discount alli discounts codes metronidazole indications and contraindications cheap fast weight loss pills what does benicar treat hydrochlorothiazide daily use reviews what does xenical orlistat do genuine prednisone 100mg metoclopramide rx hydromorphone dosage 2mg depakote results forum i pill flonase website natural water pills cvs reviews buy zyprexa in canada etodolac sa 400 mg tablet tev requip discounts buy over the counter sustiva online cheapest cialis in the uk finax next day shipping zanaflex medication side effects over counter doxycycline over the counter asthma medications list topical diclofenac sodium side effects cheap grifulvin v no prescription can you get high off gabapentin 300 mg can i get commercial docyocline what is aleve best used for can buy ampicillin online zyrtec mg buy ic citalopram hbr 40 mg side effects buy actos online no prescription cheap pyridium delivery bactrim for sale australia where to hoodia how to use retin-a 0.05 cream buy entocort boots pharmacy alphagan eye drops price best online pharmacies without prescription damian marley where is the love lyrics what are the side effects of zovirax ointment glucophage xr maximum daily dose customer reviews of canadian pharmacies prednisone weight gain how long ventolin hfa reviews side effects no prescription baclofen sale sumycin delivery london buy antibiotics tetracycline online buy ethionamide online from usa how to take care of an amaryllis bulb trimox online shipping provera pills abortion generic form of compazine aldactone over the counter uk buy viagra jelly 15mg online is generic vermox available in usa buy tamoxifen inhaler canada order viagra online canadian no prescription pill canadian pharmacy propecia online probalan online usa no prescription zyrtec order on web buy provera without a subscription side effects of asian ginseng extract doxycycline or azithromycin chlamydia metformin coupon code buy paroxetine tablets online what does promethazine dm have in it costa rica viagra real viagra cheapest nexium pills sweat does watermelon rind work like viagra how much does celexa cost glucophage generic glucophage tablets clomid pct for sale uk viagra usa buy lanoxin overseas where can i buy vantin mircette drug schedule maxalt side effects long term use order serophene online with visa buy codeine cough syrup online how to use proscar instead of propecia actos australia micardis 100 review xenical results stories cialis professional mg tablet how to order flovent online how to get acticin in australia quanto costa il cialis 10 mg can you get messed up on celexa can you buy flovent inhaler pharmacy chlamydia symptoms in women discharge color dramamine online cheap buy lopressor online canada no prescription tretinoin 0,025 no prescription compare prices cost of cozaar 100mg tablets levitra professional by mail wellcome do you need rx l-tryptophan prazosin hydrochloride extended release tablets generic advair diskus canada fluticasone salmeterol how to take levlen for the first time safe place order viagra soft buy mircette usa cleocin drugstore.com voltaren prices canada american express login uk trandate online australia cheapest keflex over the counter diclofenac tablets clindamycin lotion ingredients what is hydrea used to treat celexa woldwide shipping buy fucidin perth australia order cipro 750 mg where to purchase feldene duetact sale buy maxalt online no prescription united states grifulvin v 500 mg used non persciption vermox doxycycline for sale usa lamisil online terbinafine cream buy seroquel mg online serevent side effects long term use albendazole over the counter in canada original mentax online cleocin brand order cheapest place to buy alavert orally disintegrating bystolic annual sales tadalis sx generic reviews order xalatan propranolol discount card how hard is it to get viagra prescription is danazol a prescription drug diclofenac suppository max dose stromectol online usa no prescription tadacip results forum side effects of apo-prednisone for dogs medication other than lithium for bipolar battlefield express drugs ordering mobic buy prozac canada xenical order in the us what is sildenafil citrate tablets does viagra work for everyone sildenafil nizagara no prescription what is cleocin gel alternative to doxycycline for lyme lowest priced silagra probalan sale overnight delivery cialis 30 day free trial offer uroxatral lawsuit buy ashwagandha online amazon buy liposafe tablets usa treatment of lyme disease doxycycline dose prescription levaquin uses albenza over counter drug retin lowest price online strattera user reviews adults actos tablets 45 mg suprax 100mg buy kytril oral dose buy cialis 5mg can i order zithromax online do porno stars use viagra aciclovir tablets for purchase hyzaar generic date stromectol 3 mg tablet brand voltaren buy brand tadacip buy purchasing cialis super active online buying doxycycline online uk exelon 10 mg glucotrol xl 5 lowest price purinethol where do i buy olanzapine cipla pharma pune flagyl er over counter legal buy lotensin online canada nitrofurantoin lawsuit settlements purchase alli uk free synthroid coupons zantac no prescription compare prices what does cipro look like get liv 52 toronto aldactone canada needed buy mexican propranolol prescription buy coumadin online dosing calculator order toradol 120 mg desyrel medication insomnia allegra d rx list casodex 50 mg ordering lipitor online finasteride drug interactions amitriptyline 150 mg tablet cymbalta cheap uk pharmacy bupropion hcl xl 150 mg price erythromycin ophthalmic ointment rxlist is mail order cialis sublingual safe generic doxazosin canada buy eldepryl boots pharmacy what is depakote used for where to buy cheap generic serevent cost of cymbalta 30 mg discount ayurslim mg where to buy finpecia in india what are water pills and what do they do generic viagra canada legal diclofenac sodium 75 mg reviews cheap buy antabuse online elli lilly cialis. buy over the counter medicine propranolol does generic viagra work is pravachol a prescription drug tetracycline in the uk now birth control pills avodart buy viagra super active boots pharmacy olanzapine overdose serious acheter du cialis en andorre cytotec sale phil generic lipitor usa we are young lyrics meaning tamoxifen citrate buy proscar mg buy himplasia lawsuit Purchase seroquel 200mg snovitra super power without prescription canada generic meclizine cost asacol online usa no prescription where to buy procardia drugs online stieva-a 0.025 wrinkles vente de torsemide au quebec where to buy ortho tri cyclen online mexico proventil online usa best site for erection packs 3 can buy clomid uk topamax online india haldol decanoas 100 aspirin tablets during pregnancy base actosol buy alli refill capsules periactin tablets wiki trazodone order in the us minocin cost comparison viagra soft drug oversea nitrofurantoin no prescription canada cheap ciplox india side effects of inderal 40 voltaren mexico no prescription canadian online pharmacy for benicar biaxin drugstore tetracycline online price bupropion generic price real cialis sale 20mg buy yasmin hong kong cialis tadalafil 20mg luvox without a prescription from canada hoodia pops free shipping generic for innopran xl how long does levitra last in the body arjuna buy online ireland cheap celebrex buy anacin 10 tumor lysis syndrome allopurinol dose what is betnovate cream for brahmi 50mg tablets eritromicina prospect can i take cold medicine with prednisone pink viagra women dosage requip side effects lawsuit can you order rocaltrol metformin tablets 500 mg side effects buy promethazine uk ventolin dosage for children nebulizer best price lopressor order synthroid on line canada generic diovan hct 320 25 snovitra super power tablets purchase on line how much does generic flonase cost without insurance canadian pharmacies with generic viagra order myambutol no rx canadian pharmacy generic retin-a 0,05 switzerland nexium esomeprazole 40mg offers american express canada contact info nizagara cheap price evecare drugstore.com buy genuine propecia online sucralfate carafate for dogs no prescription doxycycline tablets celebrex supplier in uk can you buy zovirax supermarket is retin-a 0,025 legal in uk recommended dosage of lopid through lok adalat conciliation online pharmacy uk glyset canadian pharmacy 24 hours generic amitriptyline cost viagra to buy in the usa without a prescription glyburide side effects pregnancy malegra dxt delivery london allegra hicks kindle cover florida flomax possible side effects of water pills best price procardia what does viagra do to normal men can order bystolic canada lawsuit for accutane in canada what is effexor-xr 75mg used for is there a generic plavix available discount canadian pharmacy amaryl buy actonel in usa do i need a prescription for lisinopril no prescription sarafem finpecia price malegra fxt prices cvs common post op pain meds feldene 10 mg online synthroid with no prescription coumadin 10 mg recall bupropion non perscription countries purinethol spain costco pharmacy norvasc price where to buy generic lexapro ordering zetia here in canada order rosuvastatin in drugs crestor strattera cost help mexican viagra soft periactin drugs buy kamagra online uk credit card payment what does etodolac avodart where can i buy it where can i buy chloroquine and proguanil metformin online pharmacy best prices on real viagra 100mg tadalis sx in italia costco pharmacy capoten price viagra jelly to buy in australia lowest dose of antabuse can you buy viagra australia where do i arimidex in australia best viagra prices online daily dose cialis side effects buy famvir online in usa side effects suhagra tablets to buy vpxl in uk fincar discount medications altace mist canada recall of lipitor 40 mg buy generic anafranil online no prescription does tofranil work for anxiety side effects of midamor generic cialis forum can you get high off zantac 150 zaditor eye drops price walmart american atacand finasteride receding hairline indian viagra sublingual innopran xl pills buy viagra online in united states order midamor no rx canadian pharmacy accutane and blood tests cheap flea and tick meds for dogs can you buy hydrochlorothiazide online cheap metformin without prescriptions uk acheter acai france pantoprazole 40 mg side effects benemid delivery aspirin over counter ireland wellbutrin xl missed dose purinethol no prescription compare prices how to take panax ginseng extractum order ventolin 2mg aldactone sale buy looking filed amoxil 250 mg dose minoxidil results forum norvasc cost walgreens zestoretic results forum phenamax paypal low albendazole infection treatment generic myambutol buy canada costo de micardis asacol hd rxlist what is allicin powder order erection packs 3 prescription cialis over the counter voltaren emulgel what is carafate liquid reviews on allied health institute ou acheter levitra accutane sold over counter
Home Pete Toms

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 898 guests online

Atom RSS

feed-image Feed Entries
Pete Toms Article Archive


TOMS: Why MLB is Thriving.... and Dying PDF Print E-mail
User Rating: / 515
PoorBest 
Pete Toms Article Archive
Written by Pete Toms   
Monday, 10 February 2014 15:02

MLBEarlier this winter I listened to a sports radio segment where 2 Toronto sports pundits attempted to explain the seemingly counter - intuitive news that MLB annual revenues have climbed to upwards of $8 billion.

On the one hand, they noted, steadily diminishing national TV ratings (including ASG and WS), reveal that baseball is clearly less popular. And hasn’t the NFL, long ago, and by a wide margin, supplanted MLB as the dominant pro sports league? And wasn’t it, after all, inevitable? Isn’t baseball anachronistic? From a slower, analogue, monolithic popular culture?

On the other hand, they understood why MLB revenues have skyrocketed. The biggest factor being the enormous increase in TV $$ from both national, and especially, local deals. Plus, attendance is stable, at near-record levels. And yes, almost ironically, slow, staid MLB has better exploited the internet than any of the other so-called Big 4.

They’re right, on both counts. Yes, baseball is dying. And the evidence is not found in the diminished national TV ratings (TV ratings are down for all programming except the NFL) but in who, and who isn’t, watching. Old guys, not young guys, like baseball. Jonathan Mahler was amongst those who reported this fall that the median age of the 2012 WS TV viewer was 53.4. Perhaps more telling is the steady, long-term decline in the number of kids playing baseball.

But it is precisely because MLB fans are old that business is booming. The huge boost in MLB TV $$ comes from us old guys who subscribe to Pay TV. We are footing the bill for the recent spate of MLB mega deals with local RSNs. We aren’t the cord-cutting, digital natives who have never paid for content. They believe that paying $100/month to watch video is stupid. Earlier in the year Joe Flint reported that, “By 2015, almost half of all television viewing will be done by folks over the age of 50…” The migration of local MLB broadcasts from free over-the-air TV to Pay TV was inevitable. Why? Because MLB fans can afford Pay TV. We are baby boomers, the most affluent generation in history. And baseball fans are the most affluent of sports fans. We complain about our cable bills, we’re old, so we’re allowed. But we’ll still pay for the nightly, pleasant, familiar, tribal, ritualistic pleasures of watching our team on our big TVs, in our comfortable basements. It feels good.

While there is debate about the future prospects for the Pay TV industry, under pressure from OTT, potentially one, or some of, Google, Apple and Aereo, and politicians and regulators sabre-rattling over channel bundling…. in the present, it’s still thriving. And as long as MLB continues to aggregate large TV audiences of purchasers of financial services, luxury autos and ED remedies , there’ll be plenty of money in it for them.

You can follow me on Twitter @PeteToms


Pete Toms is senior writer for the Business of Sports Network, most notably, The Biz of Baseball. He looks forward to your comments and can be contacted through The Biz of Baseball.

Follow The Biz of Baseball on Twitter Twitter

 
LWIB: Dynamic Ticket Pricing and the Secondary Market in MLB, Worldwide Draft Update, Plus Tidbits PDF Print E-mail
User Rating: / 19
PoorBest 
Pete Toms Article Archive
Written by Pete Toms   
Monday, 27 February 2012 18:03

Last Week in Bizball by Pete Toms

This week in “Last Week in Bizball”, dynamic pricing and the secondary market, worldwide draft update, plus tidbits.

DYNAMIC PRICING & THE SECONDARY MARKET

Seemingly every week I mention that another team has either implemented, or expanded their use of, dynamic pricing of tickets. Another subject that I frequently bring attention to is the challenges that the secondary ticket market pose to many MLB franchises. Despite the reported approximate $60 million annually that BAM earns from their formal partnership with StubHub, and the avalanche of qualified sales leads it generates, many clubs believe that secondary ticketing is killing their primary sales. My piece from December on MLB and secondary ticketing included this quote (courtesy of SBJ) from Braves Executive Vice President of Sales and Marketing Derek Schiller, “I don’t believe there is any bigger obstacle or issue, any bigger threat to the professional team sports marketplace and industry as a whole…This is the single biggest issue facing our industry….The amount of dollars at risk is growing near exponentially. And we absolutely as an industry — and not just baseball — need to manage it.”

The Giants were the first MLB franchise to implement dynamic pricing, using it on a limited basis for the 09 season. This season, 17 teams will use dynamic pricing. 10 of those teams will use dynamic pricing to set the price of all single-game tickets. Initially, the motive behind dynamic pricing was both to increase the number of tickets sold and the average sale price. More recently, clubs are also implementing and expanding the use of dynamic pricing to limit the amount of ticket inventory resold on the secondary market. LWIB Danny Ecker reported on the Cubs decision to use dynamic pricing this season for 5,000 bleacher seats. According to the piece, “Expanding that model to the entire ballpark could mean recouping as much as $11 million a year from resellers.” And, “Teams are looking at (dynamic pricing) to capture some of that secondary market that they're not capturing,” says Colin Faulkner, the Cubs' vice president of ticket sales and service…”

WORLWIDE DRAFT UPDATE

January 9 was the date of the first meeting of the International Talent Committee. The co-chairs for the committee are MLBPA ED Michael Weiner and MLB’s senior executive on labour matters, Rob Manfred. According to the press release, “…the International Talent Committee is responsible for examining a number of areas related to the procuring of international players including but not limited to the exploration of the possibility of an international draft, improving the education and acculturation programs of Clubs at their international academies and the development of appropriate country-by-country plans for playing and development opportunities for players prior to draft eligibility.” This committee exists as a direct result of the new CBA, which contemplates either an expansion of the Rule 4 draft, or the introduction of a wholly separate “international” draft. (The Rule 4 currently includes Canada and Puerto Rico). After years of attempting to control club spending in the Rule 4 via his office’s “slot recommendations” commissioner Selig succeeded in the last round of negotiations in implementing fundamental changes to the acquisition of amateur talent. Beginning this season, clubs exceeding spending limits in both the Rule 4 and international free agent market will be severely penalized by MLB. In addition, MLB foresees the implementation of a draft in the Dominican Republic as part of its ongoing efforts to reduce age/identity fraud and bonus skimming there. LWIB, commissioner Selig commented to Baseball America on the much discussed worldwide draft, "It is inevitable. I would like to see it. We have made some significant progress to that end. When we went to the draft in 1965, it was to create a more level playing field. We've done that, and the same thing will have to happen internationally." Josh Leventhal added that there is plenty of opposition to a worldwide draft, both within, and outside of, MLB.

….many front-office officials have said they neither want an international draft nor are confident that MLB has the ability to pull it off.

The Dominican Republic, Venezuela and the other Latin American countries all have their own issues with laws, player registration and investigations that would need to be worked out. Then there are agreements with Asian baseball governing bodies that would have to be worked out, including Japan, Korea and Taiwan, all of which have their own professional leagues.

Some major league club officials think an international draft will penalize teams that work hard in Latin America and have invested more resources into scouting the region. However, many teams, trainers and agents have seen the writing on the wall the last couple of years that an international draft was behind MLB's efforts to reform Latin America, even if MLB didn't always explicitly frame it that way.

Also LWIB, Zachary Levine examined how the Astros attempt to greatly increase the quality and quantity of players they recruit in Latin America is being impacted by the aforementioned changes in the CBA.

SELECT READ MORE TO SEE THIS WEEK'S TIDBITS

Read more...
 
Last Week in Bizball: The Padres and Fox Sports San Diego, plus Tidbits PDF Print E-mail
User Rating: / 16
PoorBest 
Pete Toms Article Archive
Written by Pete Toms   
Tuesday, 21 February 2012 10:34

Last Week in Bizball by Pete Toms

This week in “Last Week in Bizball”, the Padres and Fox Sports San Diego, plus tidbits.

PADRES & FOX SPORTS SAN DIEGO

The Padres have concluded an agreement with the soon-to-launch Fox Sports San Diego. As a result, the Padres are going to see a big boost in local TV revenues from the reported $15 million they received last season from Cox. Beyond that, reports on the details of the deal vary greatly.

As mentioned last week, Bob Nightengale reported in USA Today that the value of the Padres/FSN deal is $1.5 billion over 20 years. LWIB Jay Posner reported that Nightengale’s numbers are exaggerated. According to Posner, the Padres will receive a 20% equity stake in the new channel (common in recent local rights deals with RSNs). Posner reports the Padres rights fee in the initial year of the deal is $30 million, with a signing bonus boosting it to $40 million. Again, according to Posner, the value of the annual rights fee will escalate about 4% annually, bringing it to approximately $65 million in its final year.

LWIB, Bill Shaikin reported that the deal includes an upfront $150 million signing bonus for the Padres. According to Shaikin, Jeff Moorad intends to use Fox’s money to complete the purchase of the franchise from John Moores. You likely know that the owners recently, and surprisingly, delayed approval of the completion of the sale. Commissioner Selig, in the cases of Tom Hicks and Frank McCourt, has set a precedent of forbidding owners to invest Fox’s money outside their baseball franchises. And so, MLB’s approval of both the transfer of ownership of the Padres, and their pending deal with Fox, are in limbo.

LWIB, Barry Bloom reported that the Padres pending deal with Fox spans 20 years and is worth $1 billion. According to Bloom, the initial annual rights fee will be $30 million and by the end of the deal it will have climbed to $70 million. Bloom also reports that MLB is delaying approval of the deal over the aforementioned concerns as to how the signing bonus is invested. Bloom pegs the bonus amount at $200 million. What stands out in Bloom‘s piece is his reporting that the deal is being complicated by Moore’s desire to retain an interest in the new channel while simultaneously completing the sale of his remaining 51% stake in the Padres to Moorad.

Despite all this, it is expected that Fox Sports San Diego will broadcast the Padres Home Opener on April 5th.

SELECT READ MORE TO SEE THIS WEEK'S TIDBITS

Read more...
 
Last Week in Bizball: The RSN Windfall and MLB's Luxury Tax, Plus Tidbits PDF Print E-mail
User Rating: / 10
PoorBest 
Pete Toms Article Archive
Written by Pete Toms   
Tuesday, 14 February 2012 00:00

Last Week in Bizball by Pete Toms

This week in “Last Week in Bizball”, the RSN windfall and competitive balance, plus tidbits.

THE RSN WINDFALL AND COMPETITIVE BALANCE

Commissioner Selig often trumpets the healthy state of competitive balance in MLB. Amongst other facts, he would cite the 9 different World Series champions in the last 11 seasons. Commissioner Selig would also argue that, under his guidance, MLB has achieved greater competitive balance by narrowing the revenue gap separating the largest and smallest markets. This has been accomplished with increased sharing of local revenues and the Competitive Balance Tax (CBT), or as it’s more commonly know, the Luxury Tax. In the recently concluded CBA negotiations, Selig successfully bargained for the implementation of a soft cap, similar to the CBT, in the Rule 4 draft. As well, the new CBA provides greater incentive for clubs to keep big league payroll at, or below, the CBT threshold. Cynics argue that redistributing revenues and taxing “overspending” isn’t about competitive balance but rather limiting player compensation. Since 10, I’ve been blogging about The Importance of Regional Sports Networks in MLB. A few weeks ago I noted a very prominent sports media consultant’s prediction that the windfall of RSN money flowing to MLB will soon see industry revenues increase from $7 billion annually to $9 - $10 billion. So, the inevitable questions is, will this windfall of billions of dollars in RSN revenue work against MLB’s efforts to “level the playing field”?

Some believe that the impact on competitive balance of soaring local media rights will be negligible. After all, each team’s current deal will eventually be up for renewal, and when it is, each will benefit from the same factors driving up rights fees (competition amongst MSOs & telcos for live sports, plus threat of OTT alternatives) which exist in every market. For instance, LWIB Bob Nightengale reported that, “…even the San Diego Padres— playing in the 26th largest market in baseball — are, pending MLB approval, poised to sign a new deal with Fox Sports that will guarantee them $75 million a year for the next 20 years.” The Padres current deal with Cox reportedly earns them $15 million annually. (For more on the Padres new partnership with FSN, see here) But, while each team will eventually “cash in”, the value of an RSN, or a rights fee, is not based on viewers or ratings but on the number of subscribers. And the number of subscribers is determined by carriage deals and, perhaps more critically for MLB, market size. Again from Nightengale, "It does have the potential to hurt competitive balance," said White Sox chairman Jerry Reinsdorf, MLB's longest-tenured owner. "The big TV deals are basically a function of market-size and competition. There's no way that Kansas City can get a deal comparable to what the Angels did."

In recent years there has been talk about an “emerging middle class” in MLB. In December 10, Eric Fisher noted that during that calendar year, a record number 7 nine-figure player deals had been concluded (a number matched last year). Of those deals he wrote, “…nowhere in that list are the New York Yankees and Mets, Chicago Cubs or Los Angeles Dodgers — four clubs typically among the highest earners in MLB. That quartet of teams was involved in nine of the prior 19 $100 million-plus contracts. Just as in the standings this past season, and the San Francisco Giants-Texas Rangers World Series matchup, MLB’s economic middle class continues to grow more assertive.” If we assume that there is a growing middle class in MLB (I’m not so sure), is it largely due to the annual redistribution of approximately $400 million from big revenue to small revenue franchises? And, with local media revenues soaring, will MLB and the MLBPA need to be more vigilant in ensuring that those revenues are being reported and redistributed? You can read my previous posts for more details, but an ever increasing number of team owners also own stakes in RSNs, or the club itself has equity in an RSN. (Comcast initiated the trend of offering clubs equity in their RSNs and FSN has followed) In such relationships, there are, inevitably, lies, damn lies, and related party transactions. In other words, how much local media revenue is being underreported to both limit club’s exposure to revenue sharing and boost the profitability of their RSN investment? For instance, if the Padres are set to earn $75 million annually for their local TV rights, how much are the NYC teams taking in? SNY, the RSN controlled by Mets owners Sterling Equities, reportedly paid the Mets a $68 million rights fee last year. That will reportedly rise to $83 million by 15. Again, according to Nightengale’s report, “The Yankees say their TV rights are worth about $85 million to $90 million a year from YES, while the Red Sox insist their TV rights from NESN are worth less.” To state the obvious, if these reports are accurate, there are hundreds of millions of dollars that are not being accounted for in calculating revenue sharing payments.

Underreporting of local TV rights is nothing new in MLB. The sale of the Cubs to Tom Ricketts was reportedly delayed over a dispute of the value of the rights fee paid to the club by broadcaster WGN (both entities owned by Tribune Co. at the time). In 10, sports economist Andrew Zimbalist wrote, “In 2008, approximately $400 million was transferred from the high- to the low-revenue teams. The higher a team’s revenue, the more it has to contribute. The lower the revenue, the more it receives. The principal terrain of disputation is related party transactions, where team owners also own the regional sports network (RSN) that broadcasts the team’s games. It appears that several teams underreport the market value of the RSN revenue received by tens of millions of dollars and, in one case at least, this underreporting appears to exceed $100 million by a substantial margin.”

If indeed, MLB Teams are Media Companies, and you believe that revenue sharing contributes to competitive balance, how MLB calculates RSN revenues is about to become much more important and contentious. The MLBPA will also be closely scrutinizing the reporting of these revenues because underreporting obviously reduces the amount of money available to players.

SELECT READ MORE TO SEE THIS WEEK'S TIDBITS

Read more...
 
LWIB (Part II): Are the Wilpons and Katz Keeping the Mets? Plus Tidbits PDF Print E-mail
User Rating: / 39
PoorBest 
Pete Toms Article Archive
Written by Pete Toms   
Wednesday, 08 February 2012 12:14

Last Week in Bizball by Pete Toms

This week, a second edition of “Last Week in Bizball”. Can Wilpon and Katz keep the Mets?, plus the tidbits.

ARE WILPON AND KATZ KEEPING THE METS?

Where to start with the Mets woes? Irving Picard, representing the victims of Bernie Madoff, is attempting to extract close to $400 million from Mets owners Fred Wilpon and Saul Katz (aka Sterling Equities). The Mets operating losses over the past 2 seasons are reportedly $120 million. In November, the Mets arranged a bridge loan from BofA for $40 million. MLB also loaned the club $25 million and both are expected to be repaid next month. The baseball club and Sterling’s RSN, SNY, combined, have a reported $375 million coming due in a few years. Attendance and ticket prices at Citi Field have dropped dramatically the past few seasons. This upcoming season will see the Mets slash year-over-year payroll by $50 million plus and the team is expected to stink. They also folded a minor league team this off season. Last month it was reported that the Mets had retained the services of “turnaround specialists” CRG Partners. CRG was one of the key players in the bankruptcy auction of the Texas Rangers. David Einhorn agreed to invest $200 million in the Mets, but the deal collapsed. But, unlike with Tom Hicks and Frank McCourt, MLB hasn’t wrested the Mets away from Wilpon and Katz. Oh well, we cynics think, eventually being an FOB won’t be enough to save the Mets owners. They‘ll soon go bust and the creditors will take over.

But, LWIB there was buzz amongst sports industry insiders that Wilpon and Katz aren‘t leaving MLB any time soon. In this SportsMoney video segment, big time sports banker Sal Galatioto of GSP (no, not MMA) predicted that the many reports of the Mets “near bankruptcy” are “greatly exaggerated”. Galatioto foresees the Mets current efforts to raise $200 million via the sale of 10 minority shares in the team @ $20 million per succeeding. He also sees a lot of value in the Mets media rights. Sterling owns approximately 70% of the RSN (SNY) which broadcast Mets games. TWC and Comcast own the balance. The banker notes the guaranteed value of these cable rights deals, “...when you have a media deal, like a cable rights deal, you’re going to get paid, whatever your rights fee is whether the product is good or the product isn’t good.”

LWIB, Richard Sandomir reported in the New York Times that the Mets are close to finalizing the sale of the $200 million in minority shares. Richard confirms the earlier LA Times report that Steven Cohen (also bidding for the Dodgers) is set to become a Mets minority investor. But Richard’s scoop, and the more interesting development, is that the Mets aforementioned partners in SNY will invest $80 million in the baseball franchise. Howard Megdal explained that TWC and Comcast are motivated to help Sterling maintain control of the club for a few reasons. First, because Sterling owns both the team and a majority of SNY, the RSN lowballs the club’s rights fee, which is good for TWC and Comcast. And, if Sterling is forced to sell the team there is no guarantee SNY would continue to control the Mets local TV rights. Losing the Mets would make SNY worthless because they don’t own the rights to any other properties of significant value.

LWIB, Bill Madden wrote that the expected $2 billion sale price of the Dodgers will be a big help to the Mets owners. According to Bill’s unnamed “industry insider”, if the Dodgers are worth $2 billion, the Mets must be worth $3 billion. “What that means,” said the insider, “is that the Wilpons can now go back to their banks, point to the value of the team, and say: ‘Lend us more money.’”

SELECT READ MORE TO SEE THIS WEEK'S TIDBITS

Read more...
 
Page 1 of 25
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?