Sunday, November 25, 2012
An Insane Valuation For The Dodgers' New TV Deal: Is There Air Left In The Room?
Anyway, the short version is that the Dodgers are said to be closing in on a $6-7 billion deal over 25 years, which would put the average annual return for the Dodgers at $280M at the high end. That stupendous valuation remains a product of a great deal of unfinished selling. I remain to be convinced that Dodgers fans won't end up as 42% of Padres fans have, blacked out of their home team's broadcasts thanks to contractual disputes between the network and the cable operators.