Menu
Leagues and Governing Bodies

MLB OWNERS BACK AT THE PLATE ON REVENUE-SHARING

      When MLB owners meet on Wednesday and Thursday in Phoenix,
one of the top issues will be a long-awaited revenue-sharing
plan.  In Milwaukee, Tom Haudricourt reports, if acting MLB
Commissioner Bud Selig calls a vote, "expect it to pass"
(MILWAUKEE JOURNAL-SENTINEL, 3/17).  But, Mark Maske reports
large-market owners may "put up a fight" and delay consideration
further.  One management official:  "This thing isn't a done deal
yet" (WASHINGTON POST, 3/17).  Selig:  "Nobody debates revenue
sharing.  It's in what form and when" (Murray Chass, N.Y. TIMES,
3/17).
     SUPER-BROUHAHA:  In an extensive piece in Sunday's N.Y.
TIMES, Chass connects the debate over superstation rights fees to
revenue-sharing.  He writes, "If anyone is to go on strike this
time, it could be the low-revenue clubs that are holding the
league television agreements hostage to a new revenue-sharing
agreement."  There is disagreement on several issues:  1)
Retroactive rights fees to be charged to Turner Broadcasting,
owner of the Braves and TBS.  A committee led by Expos Owner
Claude Brochu has recommended TBS pay $24.3M each for '94 and
'95, while Selig -- in a bid to get the Braves' vote on revenue-
sharing, according to one club exec -- would cut it to $24.3M
total.  2) Several small-market teams are threatening to withdraw
rights of visiting teams to carry games on their local TV outlets
without revenue-sharing.  One lawyer familiar with the debate
said, if Selig doesn't have the votes, "He'll probably try to get
a rollover of the TV agreements so you don't have potential
chaos" (N.Y. TIMES, 3/17).
     THE BREAKDOWN:  The interim revenue-sharing plan submitted
to owners would transfer about $39M from the top 13 teams above
the average projected local revenues to the bottom 13 teams.  Top
contributor:  The Yankees at $7.25M.  Top recipient:  Royals at
$4.51M (N.Y. TIMES, 3/17).
     LABOR UPDATE:  In L.A., Ross Newhan reports, despite
speculation to the contrary, owners will restore service time
players lost during the strike (L.A. TIMES, 3/17).

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ Morning Buzzcast: May 7, 2024

The PWHL playoffs set to begin after record-breaking inaugural season; Smith Entertainment Group announces plans for Utah hockey franchise HQ; new title sponsors for the PGA Tour event in Charlotte and college football bowl game in Arizona.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1996/03/18/Leagues-Governing-Bodies/MLB-OWNERS-BACK-AT-THE-PLATE-ON-REVENUE-SHARING.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1996/03/18/Leagues-Governing-Bodies/MLB-OWNERS-BACK-AT-THE-PLATE-ON-REVENUE-SHARING.aspx

CLOSE