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Padres New TV Deal Could Net the Team 75 Million Annually PDF Print E-mail
2012 - 2012
Written by Steve Adler   
Thursday, 09 February 2012 18:36
Sharing is Caring

In an article written by Bob Nightengale of USA today, the Padres may cash in big with the new TV deal.

"And even the San Diego Padres— playing in the 26th largest market in baseball — are, pending MLB approval, poised to sign a new deal with Fox Sports that will guarantee them $75 million a year for the next 20 years. The deal was confirmed by two industry executives familiar with the contract but not authorized to speak publicly about its details." Full story here

A far cry from the $17-20 million that has been thrown around over the last couple months and much more than the $13 million deal with Cox.  What does this mean for Padres fans?  In the immediate future... nothing.  One would assume it would give the team plenty of money to retain talent and bring in an impact free agent, as opposed to older vets playing out their last days.

In the long run, it would seem like this is relative.  If the Padres, in the 26th largest market can earn this much scratch, how much will a team in a top 10 market receive?  Personally, I wonder if this means that my cable bill is going to jump $5- $10 a month?   I have plenty of questions shooting through my head right now, but at this moment, I'm wondering what Josh Byrnes could do with an additional $50 million dollars in payroll. This about sums it up for me...

 

 

 

 

 

 

 

 

 

 

 

08 May 2001 --- Exploding head --- Image by © John Lund/CORBIS

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Comments  

 
# KevinCharity 2012-02-09 19:00
That seems inaccurate to me..I mean we have been hearing $15 million for a while, and all of a sudden its 75 million? I'll believe it when I see it, but like you said, if the Padres are $75 million, what are all the other teams worth? If it makes the Padres more competitive then it sounds amazing...I am just a little skeptical
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# SD Steve 2012-02-09 19:03
I'm a lot skeptical, but WOW!
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# SD Steve 2012-02-09 19:08
With that much money from TV, the Padres could do some really interesting things in terms of radio. Remember, they are only on a one year deal currently.
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# KevinCharity 2012-02-09 19:15
Yeah...I think the Padres should try to get a radio and tv deal for all of Baja, seems like a market they haven't maximized...
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# Lowenado 2012-02-09 21:08
In my opinion the Padres are getting screwed at the other end of the long deal. $75 million per year NOW sounds great! It was reported on ESPN a few weeks ago that this kind of money was possible. But in 20yrs (TWENTY YEARS!!!) that will be, once again, chump change and we will be struggling to compete vs the larger markets. I'd rather see $50 million per over a 10yr contract... or something like that.
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# SD Steve 2012-02-10 01:25
Interesting point. I would if that was the case you would put in escalators that would increase to stay current with the market. Is that crazy?
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# lonndoggie 2012-02-10 12:10
This morning Tom Garfinkle was on the Dave and Jeff show on 1090, and they asked him about that. "I wish!" he said--instead, it's more in the $20MM range as reported elsewhere.

So no cash holiday yet.

Then again...no TV deal yet.

And the whole stupid ownership transfer kerfuffle. MLB == Majorly Lame Business.
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