Originally posted on Pro Sports Daily  |  Last updated 1/25/13
When the Guggenheim Group paid a stunning $2.15 billion to buy the Los Angeles Dodgers and then made a series of personnel moves that upped the 2013 payroll to a big-league-record $220 million-plus, there were serious questions about just how deep the new owners' pockets were. Those pockets are about to get very deep and very full. Recent reports indicated that the Dodgers were about to finalize a new local television contract with Time Warner Cable that will pay them in excess of $7 billion over at least 20 years, beginning in 2014. The deal will give the Dodgers their own regional sports network, a channel on Time Warner devoted strictly to Dodgers coverage. Time Warner made a similar arrangement with the NBA's Los Angeles Lakers before the current basketball season. The $7 billion windfall would be the largest TV deal in sports history, and it would give the new Dodgers' owners a massive revenue increase. In 2012, the Dodgers received just $40 million from Fox Sports to telev...
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