Verizon has agreed to pay ≈ $400M per year for the rights to1,100 regular season games through NBA “League Pass”.
The deal will also include:
1) Content creation
2) Virtual reality
3) Augmented reality
NBA ratings are up 21% compared to last season.
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.