Galaxy, AEG Announce StubHub Center Upgrades Could Rice Hearing Be Costly For Goodell? Stars Out Of NASCAR's Next Chase Round Report: Foley Aims To Get NHL Team In LV MLB Wants Domestic Violence Policy In Place By '15 NBA Could Amend Domestic Violence Policy Silver Says Too Early To Worry About Next CBA Sources: Goodell Ordered To Testify In Rice Appeal Gulati Downplays Klinsmann-Garber Spat NBA Owners Vote Down Lottery Reform Efforts
Upcoming Conferences and Events
SBD/January 17, 2014/Leagues and Governing Bodies
Garber Says MLS Is Losing Between $75M-100M Per Year
Published January 17, 2014
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
TRICKLE-DOWN ECONOMICS: With the announcement imminent of ESPN and Fox landing MLS TV rights, the N.Y. TIMES' Jack Bell wrote there is "likely to be a trickle-down effect from the richer deal." Each MLS club will get about $3M more than in the prior deal with NBC and ESPN. The league’s contract with the MLSPU expires at the end of '14, and players "are likely to see an opening to increase the salary budget (which was $2.9 million for each team last year) while also negotiating to increase the minimum salary." The growth in rights fees also will "enable the league and its clubs to continue to up the ante in bidding for players from abroad, and for Americans who went to Europe but now want to come home, as the national team stars Michael Bradley and Clint Dempsey have done in the past year" (NYTIMES.com, 1/15).