Television contracts are the main source of income for any pro sports team.
In Los Angeles, two of the most popular teams are being matched together for broadcast purposes.
Time Warner Cable, for their new sports network, bought the exclusive regional rights to broadcast Lakers and Galaxy games for $20 billion dollars over 3 years. The LA Sparks of the WNBA are also part of the deal.
To honor this new TWC partnership, the Lakers and Galaxy were brought together Monday night to celebrate with all the fancy Hollywood glitz and glamour to accompany it.
With the amount of money being spent by cable television networks and cable television broadcasting distribution companies, how much more time before they seek ownership of the teams?
Are the ESPN Spinners or TWC Roadrunners coming soon as professional sports teams?
It is an insane amount of money, and it is all done as an investment into advertising revenues generated from TV ratings.
The ratings are dependent on the sports teams’ po...
Found October 03, 2012 on
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