New deal: The Cubs are ending their partnership with NBC Sports Chicago and launching their own network.
Current deal: The Cubs will get paid $750K per game next year for broadcast rights.
How much more could they make? How about 3X more! The Dodgers make ≈$2M per game in local broadcast rights through SportsNet LA.
Flashback #1: The Dodgers Are on a Roll but Fans Remain in the Dark Amid Cable-TV Dispute
The Dodgers are guaranteed $8.35B over 25 years from Time Warner (now Charter Communications).
That breaks down to an average of $334M/year!
In order to break even, the Network needs to make $1,988 from every pay-TV subscriber in the region or an average of $80/year.
Flashback #2: Big Ten TV revenue distribution reaches an insane $51 million per school
Revenue distribution per school:
1) 2013 — $25M
2) 2017 — $36M
3) 2018 — $51M (↑ 42% YoY)
More #1: College Football Stares Down Major Changes in the Form of Cord-Cutting
More #2: Fight for Fox Local Sports Channels Could Shake Up Broadcasting
More #3: ESPN, Kansas Provide Glimpse at Potential Future for Sports Streaming
