March Madness YouTube Channel Launching FS1, AT&T U-verse Entangled In Dispute Media Notes Pacers RSN Ratings 35% Lower This Season ESPN's Dave Brown Assists UMass Football SNY's Mets Team Enters Year 10 Together Van Gundy Asked To Tone Down Rhetoric Daytona 500 Lower, But Speedweeks Up Media Notes USA Today SMG Teams With IndyCar
Upcoming Conferences and Events
RED SOX SIGN TV DEAL FOR CLOSE TO $5M LESS THAN '94
Published January 3, 1996
The Red Sox announced yesterday they have signed a one-year contract with WABU-TV to carry 80 games next season. Terms were not announced, but Jack Craig of the BOSTON GLOBE writes the station will guarantee the Sox approximately $9M, "some $5 million less than they have averaged over the last five years." A one-year deal is "highly unusual," but Craig notes, "so was the delay in choosing a TV station, something normally done in late summer." Red Sox VP/Broadcast Jim Healy: "It would have taken too much more time to agree on five years." Over the past week, the team saw a five-year, $67M syndication package led by Kevin Dunn dissolve "when his investors pulled out." The new deal reportedly has options for both sides -- WABU could pull out if "losses are severe," and the team could "auction off rights again in 1997, when they might come closer to their former $14M plateau" (Jack Craig, BOSTON GLOBE, 1/3). Jim Baker of the BOSTON HERALD writes Red Sox officials "swallowed a multimillion dollar decline and a heaping platter of pride" with the deal, which he pegged at $10M (BOSTON HERALD, 1/3).