Tuesday, February 24, 2009

TV Sports=Lotsa $$$$$

The numbers are huge, but let's think this through. The economy is tanking, television advertisers are pulling back, holding onto the few dollars they have. What happens to these high-dollar ESPN deals when even the advertisers with deep pockets start saying "no"? Or, will there ALWAYS be money for sports? I'm not sure.

ESPN Spending $1.1 Billion For NFL Rights, $300 Million for MLB, $270 Million for NASCAR

Some interesting numbers on how much ESPN spends for its major sports programming. via WSJ.com. ESPN spends about $2.2 billion annually for the broadcast rights to major sports in the U.S. alone, according to industry figures. Its payments include $300 million for 80 Major League Baseball games, $270 million for the final 17 Nascar races, $1.1 billion for [...]

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