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SBD/May 12, 2014/Leagues and Governing Bodies
MLB Owners Want More Transparency In Search For Bud Selig's Successor
Published May 12, 2014
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HATE TO BURST YOUR BUBBLE: In Seattle, Geoff Baker notes MLB teams are "committing record salaries over the next decade based off anticipated revenue" from new RSN contracts. But these deals "have been increasingly likened to a real-estate 'bubble' prone to bursting." Selig hopes the money "manifests his sport's popularity, but admits even TV industry insiders he's known for years can't provide definitive answers." Selig said, "One can ask a question: Is this going to continue? I don't have an answer to that. But I'm going to be really candid with you: I do have concerns." Baker notes further "complicating matters are MLB teams, like the Mariners, acquiring RSN ownership in hopes of even bigger revenue" (SEATTLE TIMES, 5/12).