An ominous future...

[caulfield12]

3 hours ago, Eminor3rd said:

The only way those revenue figures are accurate is if they are counting all concession/merchandise revenue 1:1, which is only true for teams that run their own concessions operation. Most don’t, using legends or Aramark or Delaware north or whatever, and those deals are profit sharing models. There are also a very wide range of parking arrangements, which are very lucrative because they are high margin. It’s not safe to assume the team sees all of that revenue, or even any in some cases if they share or utilize facilities controlled by the city.

2024 was also the final year before most of the RSN deals imploded. Knock 30-60M off those numbers and the percentages increase quite a bit.

 

Hardly any of the smaller market teams were getting $60 million under their RSN deals...

From all the SD local reporting, they were at $15-18 million under the 24-25 restructured mlb carriage deals.

$20-30 million off is probably closer to the average for the bottom 12-15 teams.

That said, with the Sox April CHSN chaos ... changing to a for pay structure, advertising buys getting comped due to low ratings…easy to imagine the White Sox were down roughly $50-million.

But that should start going back in the other direction the more teams are added to ESPN+/Disney.

[77 Hitmen]

2 hours ago, caulfield12 said:

Hardly any of the smaller market teams were getting $60 million under their RSN deals...

From all the SD local reporting, they were at $15-18 million under the 24-25 restructured mlb carriage deals.

$20-30 million off is probably closer to the average for the bottom 12-15 teams.

That said, with the Sox April CHSN chaos ... changing to a for pay structure, advertising buys getting comped due to low ratings…easy to imagine the White Sox were down roughly $50-million.

But that should start going back in the other direction the more teams are added to ESPN+/Disney.

The Twins apparently went from ~$55M in RSN revenue to ~$5M.  Meanwhile, the Dodgers are getting over $300M annually from their RSN deal.  

The Cardinals have gone from $75M in TV revenue to $20M:

https://www.youtube.com/watch?v=1ijf4lkGd98&t=138s

 

[Eminor3rd]

4 hours ago, caulfield12 said:

Hardly any of the smaller market teams were getting $60 million under their RSN deals...

From all the SD local reporting, they were at $15-18 million under the 24-25 restructured mlb carriage deals.

$20-30 million off is probably closer to the average for the bottom 12-15 teams.

That said, with the Sox April CHSN chaos ... changing to a for pay structure, advertising buys getting comped due to low ratings…easy to imagine the White Sox were down roughly $50-million.

But that should start going back in the other direction the more teams are added to ESPN+/Disney.

Right. I’ve been careful to keep saying “average” team. Outliers on both ends.