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SBD/January 7, 2014/Media
Rockets Say "Significant Progress" Made In Search For CSN Houston Partner
Published January 7, 2014
PHILADELPHIA FREEDOM: In Philadelphia, Matt Gelb noted the Phillies as part of their 25-year deal with CSN Philadelphia "must send" 34% of the rights fee to MLB's revenue-sharing pool, but the rights fee is the "only part of these TV deals subject" to MLB's revenue sharing. Thus, teams "find profit in other areas, like an equity stake in the network and a share of advertising revenue." MLB agent Scott Boras said that the Phillies and other teams are "taking advantage of a loophole" in the CBA. Boras: "Having a percent ownership in the entity prevents them from exposure to revenue-sharing rules, which hurts other teams in the league from receiving the true payment" (PHILLY.com, 1/6).