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.
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.
Revenue distribution per school:
1) 2013 — $25M
2) 2017 — $36M
3) 2018 — $51M (↑ 42% YoY)