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Angels Reportedly Agree To 20-Year Deal With Fox Sports Worth $3B

The Angels "have agreed to a new deal with Fox Sports worth at least $3 billion and expected to cover 20 years," according to sources cited by Shaikin & Baxter of the L.A. TIMES. Sports media consultant Ed Desser indicated that Angels Owner Arte Moreno last year "opted out of a 10-year, $500-million contract with Fox." He has since parlayed that escape clause "into the billions that enabled his team to sign" 1B Albert Pujols and P C.J. Wilson. The "possibility of the Dodgers' following the Lakers to Time Warner Cable left Fox facing the dilemma of satisfying the Angels or trying to run Fox Sports West and Prime Ticket with no baseball team" on either channel. Fox owns the Dodgers' TV rights through '13. However, as Dodgers Owner Frank McCourt in recent weeks has "pushed for an accelerated auction" of his team's rights, Fox "increased the value of a new Angels deal beyond what the company had offered the Dodgers." The MLB Rangers "agreed with Fox last year on a new contract worth an average of $80 million per year." The Angels' deal is "expected to top that in average annual rights fees -- the rejected Dodgers' deal had an average annual rights fee of about $85 million -- and include an ownership stake in FSW." SNL Kagan media analyst Adam Swanson said the Angels deal "secures Fox for a little bit. They don't have to worry about the team going somewhere else" (L.A. TIMES, 12/9).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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