That Dodgers' $7B TV deal? Not so fast... | Bob's Blitz

That Dodgers' $7B TV deal? Not so fast...

You know how the Dodgers have been spending cash like drunken sailors? Seems when one of your owners is a Rent-a-Center shill, you might not understand MLB's revenue sharing plan. Josh Kosman reports:

The Los Angeles Dodgers’ record $7 billion-plus media-rights deal with Time Warner Cable has hit a major-league snag, The Post has learned.

Guggenheim Partners and other owners of the team could lose as much as $1 billion of Time Warner Cable’s cash to Major League Baseball’s revenue-sharing plan because of the way the deal is structured, sources said.

Under the unusual 25-year deal, Time Warner Cable is guaranteeing SportsNet LA, the team’s new regional sports network, $4 a month from every eligible Los Angeles-area household — whether its pay-TV provider carries the new RSN or not, according to a source.

Because the cash is guaranteed regardless of how successful (or not) SportsNet LA becomes, MLB may treat it more like cash from a stadium naming-rights deal and force the Dodgers to share it with the other 29 MLB clubs, sources said.

Oops. That's just sad.

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