avodart overnight delivery buy beconase aq online in usa buying minipress using paypal life sciences for subjects allied to medicine can i buy domperidone uk uk version of digoxin celebrex cause weight gain cialis professional results forum seroquel highest dosage ordering metformin here in canada citalopram now to buy sinemet in uk is there a generic available for flomax valacyclovir 500 mg used information dilantin dose range protonix medication coupons where can i get cytoxan pills ampicillin over the counter drugs what does premarin do difference between synthroid and levothyroxine compare prices alli diet pill what is trental medicine cephalexin online australia levothyroxine weight loss side effects of procardia xl premarin sales data social anxiety forum free or low cost finast pseudoephedrine and levoxyl interactions ortho tri-cyclen generic 2013 drugs ortho tri cyclen birth control online uk rxlist cymbalta drug entocort to buy in england zovirax eye ointment leaflet list legitimate canadian pharmacies comprar haldol original en madrid levitra plus puissant aldactone canada head office prinivil pills buy suprax with visa what is nexium 20mg tablets buying orlistat in manchester cost of lozol altace free shipping buy female viagra quick cialis soft mg price furosemide lasix dosage pills at home that can get you high fertomid 20 mg bupropion xl buying online world select pharmacy complaints zovirax by mail order zithromax without rx buy inderal la yagara shop net flovent next day drug market order suhagra aldactone 40 mg pharmacy antabuse implant available uk no prescription doxycycline buy celexa mg canada retin-a 0,025 dosage too high sildenafil viagra generic paroxetine hydrochloride tablets 20 mg doxycycline 500mg for dogs over the counter xenical class action fosamax lawsuits buy trental online buy premarin online pharmacy kytril costco nizagara drugs for sale buy propecia tablets us lowest price brand viagra asacol cost how to make viagra at home with fruits cheap menosan pills mail-order lioresal asthma nhs guidelines diflucan online australia canadian pharmacy generic for valtrex walmart buy diclofenac gel 50 lipitor side effects muscle pain qual o melhor viagra cialis ou levitra stromectol mg tablet lowest price indinavir what is the correct dosage of lotensin allopurinol from europe serpina shop net bleeding after taking the morning after pill renova toilet paper case study erection packs 3 medication overnight delivery can i get lamisil cardura no prescription online pharmacies prix viagra 100mg pharmacie france bactrim ds dose for cellulitis flagyl er for daily use canada buy lisinopril with no rx cialis super active buy online ireland generic compazine paypal colospa reviews and dosage prevacid to buy in the canada without a prescription xenical in usa female viagra generico italiano tegretol retard price purchase acivir pills pills diabecon results forum most reliable place to buy nitrofurantoin online isoniazid with no rx mebendazole interactions drugs elimite 100 best brafix prices cost of plavix pills side effects of erythromycin stearate tablets stromectol pharmacy order amitriptyline and low blood pressure purchase generic antivert buy lady era online reviews what is confidor used for buy liv 52 singapore buy trazodone australia birth control pills period pain septic arthritis in dogs risperdal side effects mayo clinic revatio for discount cost of leukeran for cats paroxetine hydrochloride controlled release tablets side effects anxiety nhs treatment acai berry sales uk buy aciclovir tablets uk pharmacy insulin dependent diabetes and exercise we will rock you tour buy vermox tablets mexico norvasc discount coupons overseas pharmacy no prescription protonix buy actonel online cheap all types zoloft pills ordering phenergan uk long term side effects of topamax for epilepsy where can i buy cytotec in the philippines 2012 order retin-a online without a prescription celexa online shipping viagra jelly express canada is mail order indinavir safe cipla pvt ltd goa does olanzapine cause weight gain vermox in the uk 100 mg singulair uk online pharmacies zoloft no prescription domperidone tablets house sale villa la femara best non-perscription pharmacies suprax in croatia cheapest state to live in usa best overseas online pharmacy buy lanoxin astrailia diltiazem drug prices generic brafix in usa over the counter tretinoin canada propecia 1 mg 28 comprimidos high dose allopurinol gout lynoral for men sale in uk phenamax online in us singulair women buy can you buy emsam canada drug laws avapro discount voucher olanzapine from usa feldene order on web vytorin and grapefruit juice can you buy premarin mentax roche precio argentina aspirin in canada albendazole 400 mg side effects of ic paroxetine hcl nitrofurantoin 100mg price can you only get cialis jelly on prescription cialis soft tablets 150 mg para que es amantadina benicar 40 mg canada how to give depo medrol injection without script overnight allopurinol online chloramphenicol prices at costco what does vantin can you purchase clomid chloroquine next day chloramphenicol eye drops usa where to buy flying mounts alliance could best site to buy rumalaya forte sertralina english ireland pharmacy society where can i get abilify from atorlip-20 online buy cytotec online at canada pharmacy augmentin 625 generic name how to order benzac uk buy proscar without prescription cheap orlistat uk nitroglycerin australia price sarafem tablets 40mg menosan women buy synthroid 75mcg buy online with out prescription plendil shoppers drug mart buy kamagra online india generic viagra haridra online usa no prescription how many puffs in combivent inhaler sildenafil 100mg price albendazole in usa lipitor 10 mg cost asthma in children erection pills walgreens over the counter accutane alternative weight gain after stopping depo provera injection is wellbutrin xl generic can you get norvasc buy kytril in ireland seroquel 50 mg street price better than tretinoin 0,05 research grade alesse generic aspirin name buy valacyclovir hcl buy rimadyl online no prescription tetracycline fda approved to buy without prescription aygestin price altace for discount paroxetine cr prices motilium suspension children safe pariet no prescription generic singulair when does a man need viagra exelon verizon discount atorvastatin 40 mg recall 2012 tamoxifen tablets used vytorin drug oversea betneval pommade buy wellbutrin xl 300 mg online cid 29th december 2012 desi tashan buy differin gel uk we buy any car buy cheap order abana online naproxen what is ranitidine 150 mg side effects micronase india functioning of lok adalat in india zofran generic reviews ciplox usa seroquel uses medication brand medrol buy pariet generic for nolvadex no prrescription us online pharmacy no prescription gyne-lotrimin canadian pharmacy brahmi cheapest avapro glucophage prescription coupon mifepristone and misoprostol nhs mircette brand order ranitidine generic name lexapro next day delivery alli refill pack tamoxifen drug delivery cheap cialis/ viagra levitra lopid prices at costco exelon patch user reviews top 200 drugs 2011 pharmacy times can you buy nizoral shampoo over the counter know buy zofran usa is a generic version of viagra available order glucophage online uk canadian drugstore tampa fl glucophage 20mg tab bactrim dose for acne allopurinol tablets 300mg keppra australia celexa medication online procardia no prrescription where to buy advair diskus in canada safely what is the correct dosage of capoten brand protonix for sale chloramphenicol generic release date duetact delivery london alli refill coupon 2012 purchase pariet 20mg online midamor where to get doxycycline alcohol malaria ventolin inhaler dosage for children first signs pregnancy clomid free viagra sample pack uk online prescription drugs without rx endep 10 what is it used for worldwide pharmacy floxin advair diskus 500/50 coupon generic avalide safe no prescription celexa sale abilify pharmacies discount phenergan with codeine children dose buy entocort online overnight how to get voveran sr on line bactroban dosage too high generic dutasteride canada flagyl cheap australia pharmacy liquid differin review buy ventolin online overnight delivery femara generic equivalent phentermine canadian pharmacy no prescription what is atarax for dogs yasmin by mail order revia prices eulexin tablets us online best price for toradol furosemide 40 mg for sale brand viagra cost para que se usa el medicamento augmentin tomar clorfenamina embarazo long term use of trazodone side effects number pharmacies sri lanka duetact from usa brand advair diskus for sale atorvastatin and fenofibrate interaction what does cleocin t treat what is medrol prescribed for buy aricept fast shipping boots pharmacy opening hours christmas florida sinemet buy nexium online no prescription esomeprazole what does hydrochlorothiazide pills look like motilium 100 ml uses for bactroban ointment tenormin spain over counter femara online india canadian pharmacy rx world effexor weight gain why causes weight gain current price orlistat buy allegra inhaler canada viagraa ilman reseptia" provera without perscbion cialis soft discount no prescription starlix from usa fastest asacol uk delivery levitra dosage 5mg healthy weight management program generic aciphex release date what are some side effects of zoloft cheapest lynoral how to by aricept online buy generic plavix online india sarafem from usa pharmacy how can i make homemade viagra tetracycline cost in canada ortho tri cyclen lo buy online no prescription genuine viagra plus 100mg zyvox antibiotic linezolid cialis online in canada antibiotics without prescription uk buy strattera patch symptoms lexapro dose too high vasotec where can i buy it bupropion drug oversea vermox tablets buy zyvox in the uk now valtrex cheap uk what are the side effects of asacol generic yasmin plavix dose stemi artane 100mg tablet cheap bactroban 40 mg buy actos with drugs pioglitazone amlodipine besylate tablets viagra super active rx staxyn reviews vermox online coupon code can i order sumycin online can taking allegra cause weight gain pariet for sale online amoxicillin 875 mg how many days cialis without prescriptions canada cipro new zealand purchasing tadacip online uk buy generic arimidex online no prescription where can i buy isoptin in canada buy cheap procepia zofran 4mg tablets pregnancy online pharmacy australia free delivery fluoxetine pills side effects overnight controlled drug pharmacy Purchase viagra 10 mg where to buy alli diet pills learn generic coreg cr 40 mg order lamisil from india without prescription nolvadex buy online ireland dune mentat speech worldwide pharmacy crestor buy inderal online no prescription us ortho tri-cyclen acne reviews order penicillin online uk high off robaxin is tricor a prescription drug hoodia not generic can you buy shuddha guggulu pharmacy cheap buy cheap amoxil cafergot pills buy online ic clomiphene citrate 50 mg very cheap betnovate minocycline 5mg tablets prilosec for purchase korean ginseng capsules review buy viagra japan cialis jelly australia price neurontin with american express alphagan prescriptions brimonidine effects reviews on nymphomax cheapest drug pharmacy local generic celexa for sale on line buy levitra online 7 where can i buy acai berries in canada zyprexa prescription coupon what is clomiphene tablets benemid for sale australia v-gel online coupon code gyne-lotrimin order canada uk pharmacies online that sell luvox cheapest place to buy dutas apcalis jelly uk order allegra pill indocin low dose birth control how to get vasotec drug wellbutrin dose for add depo medrol generic cialis cheapest online buying viagra uk order silagra uk pharmacy buy proscar capsules is generic viramune available in usa diclofenac sodium 50mg over counter eurax tablets online risperdal capsules what is aspirin made of is there a generic for valtrex yet over the counter drugs similar to prevacid voveran sr prix en pharmacie en france drug market order orlistat purchase norvasc 5mg levitra with paypal payment lipothin dr oz amlodipine besylate 5 mg tagre 1 channel how i met your mother lexapro dosage 40 mg buy bentyl dicyclomine order trandate 120 mg prazosin ships from india current price alesse can you order finax ordering metformin online canadian mexico buy reglan pharmacy what does a prednisone 20 mg tablet look like colospa lawsuit acheter du nizoral vasotec roche precio argentina flomax new zealand best time to take nexium 40 mg vermox over counter walgreens fast elocon delivery accutane precio mexico cheap brand viagra 100 mg where to buy tamoxifen online bactrim medicine interactions xenical comprar barato brand levitra sale prescription 5mg cheapest motilium to buy research grade benicar ampicillin australia pharmacy where can i buy caverta what is the generic name for protonix buy dutas perth australia dramamine shopping what is the drug tenormin used for buy aciphex 20mg renagel uk xenical canada online what is lexapro used for in children is it illegal to buy kamagra in the uk buy mirapex boots pharmacy minoxidil 10 reviews vermox next day delivery etodolac 5mg tablets tretinoin cream buy online uk topamax discount vouchers zyvox pfizer lawsuit filed side effects of glucophage normal wellbutrin dose best price for real isoniazid methotrexate lawsuit class action buy amoxil 10 generic for allopurinol information side effects alesse pharmacy cod doctors luvox now co uk colchicine pas cher where to buy pills for yeast infection glucotrol xl for sale online mobic drug generic name where can i buy viagra online canada cheap generic styplon order renagel without rx best place to buy lasix in india buying unisom using paypal buy rumalaya online canadian alliance of physiotherapy regulators registration bipolar medication similar to lithium where is calangute beach cheap fluoxetine 40 mg is it illegal to order generic mycelex-g canadian pharmacy erection packs 2 fast nitroglycerin delivery generic proventil hfa inhaler augmentin 625mg price in malaysia betnovate n cream side effects purchase abilify on line in usa pharmacy does alli work overnight delivery canadian anafranil tablet kroger pharmacy 4 dollar drug list safe buy pilex online lukol generic reviews green tea with hoodia pills side effects side effects of dostinex medication viagra plus canada online no prescription buy generic prevacid with bonus side effects of tofranil in children best place to buy pariet in canada discount code for liverpool fc 2013 cheap xenical free delivery buy nolvadex 10 buy viagra online safely acne scar treatment after accutane trazodone drug oversea vasodilan tablets medicare part d plans that cover viagra motilium in usa brand viagra us pharmacy mail order voveran sr yasmin buy without prescription best place to buy glycomet buy seroflo hong kong 125mcg 25mcg can you buy avalide drugs discount arthrotec diclofenac misoprostol side effects apo-prednisone 5mg for dogs tofranil 10mg children side effects brand viagra 10 mg what is duphalac drugs chloroquine generic reviews what is pravachol taken for coversyl 4mg canada cialis professional generic uk alli discount prices nitroglycerin medication classification canadian pharmacy erexin-v cheap lexapro online no prescription how to order haridra v-gel for sale australia how can i get a prescription for antabuse dejar de tomar sertralina glucophage xr in canada diflucan over the counter in the uk lov cost duphalac rhinocort turbuhaler astrazeneca do you need rx celexa what is coreg medication can you take bactrim daily donde comprar ropa livestrong buy minocycline overseas how to order xalatan online effects of prednisone abuse 500mg viagra safe online pharmacies review buy aciclovir 15mg online famvir dosage for herpes buy keflex in singapore where to buy abilify online us generic differin chronological order norvasc refills prednisolone steroids side effects purchase clonidine 0.1 mg billig avodart online kaufen cialis super active 100mg cheap maxalt 50mg tablets generic benemid usa pharmacy benicar delivery london tricor dosage too high overnight paroxetine without where to buy xenical without a prescription buy canada no prescription for methotrexate craigslist edinburgh jobs phenergan 40 mg dose donde puedo comprar erythromycin use of viagra medicine a doctor s order is 0.125 mg of ampicillin prescription little blue pill pharmacy methotrexate audit pharmacy acquistare vpxl in italia comprar imuran portugal can i order nizoral no prescription in the usa where can i purchase trazodone augmentin bonus pills blopress weight gain evista weight gain news how do i buy liverpool fc tickets erythromycin drug schedule pfingstferien bayer 2013 thyroid medication levothroid finasteride 1mg from canada how hard is it to get a prescription for viagra is rapaflo better than flomax alli birth control online mexico cyklokapron perth australia best pharmacy to order eurax zyprexa overnight delivery lady era online cheapest bridge camera with lithium battery purchase nizoral uk legal buy mirapex online canada what is erexor drugs cialis super active sale tadalafil 20mg prescription side effects of lamisil 250mg tablets best weight loss pills uk boots can get trouble ordering viagra online prescription western drug cardizem forum view topic purchase periactin online keppra dosage instructions nitroglycerin medication heart can i make glyset xalatan weight gain canadian pharmacy carbozyne nizoral 2 for sale generic pulmicort safe norvasc common blood pressure medications eurax generic release date nitroglycerin tablets manufacturer india generic duphalac usa pharmacy donde puedo comprar differin pilex tablets review order thyroxine online buy trimox in australia luvox no prescription overnight delivery nitroglycerin with american express fluoxetine 20 mg without prescription tamsulosin 0.4mg price buy anafranil online cheap is there a difference between levothroid and levothyroxine kamagra cialis com hyzaar shopping buying hyzaar from canada no prescription purchase actos pills astelin australia pharmacy how long does it take for lisinopril cough to go away where do i flomax in india comprar dapoxetine online albendazole for men sale in uk v-gel sale bystolic dosage side effects antibiotic cost zyvox online vermox online without prescriptions methotrexate dosage buy minocycline in uk diltiazem online usa no prescription diclofenac potassium reviews 25mg viagra effective buy cheap tamoxifen pills elocon cream used babies zebeta for sale uk buy generic prozac online no prescription etodolac sa 500 mg tablet methotrexate injection cost without insurance generic form of clomid purchasing finpecia online uk zyrtec 10 mg krople dawkowanie professional sale generic levitra geriforte syrup sold over counter betnovate cream uk online triamterene for sale online buy feldene gel nexium tire reviews luvox uk brand name lipothin with raspberry ketone dr oz donde puedo comprar viagra argentina actoplus over the counter bromocriptine reduce prolactin switching from lexapro to celexa 2010 carbozyne online legally
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 553 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: / 388
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: / 11
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: / 13
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: / 6
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: / 33
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?