Another good read about the future of Sports TV contracts. The bubble is about to burst.
TV ‘Sports Bubble’ Looms Over Future NBA Labor Negotiations
“A 10-year-old ball player today—whether basketball or baseball, or even football—will never get a contract even close to what LeBron or A-Rod received because the current dynamic among teams, regional sports networks and sports networks is built on sand and will erode far quicker than even the realists are forecasting,” Leo Hindery Jr., managing partner of InterMedia Partners, told Bloomberg BNA Dec. 22. Hindery was referring to LeBron James, winner of three NBA championships and four-time league MVP, and Alex Rodriguez, a 14-time Major League Baseball all-star. James earned more than $30 million in 2016, while Rodriguez earned $20 million in his final season, also in 2016.