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Rangers get monster $3 billion TV deal

Posted on: September 27, 2010 2:06 pm
Edited on: September 27, 2010 10:09 pm
 

Things are bigger in Texas, and that includes TV contracts.

Days after clinching their first division title of the century, it was reported by USA Today that the Rangers have signed a 20-year, $3 billion (yes, billion with a B) extension of their deal with Fox Sports Southwest. According to baseball sources, the deal was made shortly after the team changed ownership in August.

Dallas-Fort Worth is the fifth-largest TV market in America, but this is still an enormous contract. The $150 million a year is more than three times what the Dodgers get in the No. 2 market, which is more than twice the size.

So, it looks like we can eliminate the phrase "cash-strapped Rangers" from the baseball vernacular. And with a new whale at the free-agent poker table, the outlook for Cliff Lee staying in the Metroplex looks a whole lot better.

-- David Andriesen

UPDATE : The deal is actually for 1.6 million, reports the Houston Chronicle . That comes out to $80 million a season, while the Astros get $45 million per year. No, it's not close to $3 billion, but it's still a stunning amount. -- Evan Brunell

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Category: MLB
Tags: Dodgers, Rangers
 
Comments

Since: Feb 16, 2008
Posted on: September 29, 2010 6:58 am
 

Rangers get monster $3 billion TV deal

Sorry redwings1969 but we're not making this up. I work in the industry and have been involved with negotiations with Fox Sports. Contracts of this length are rarely a flat amount since networks don't want to overpay in early years and teams don't want to be underpaid in later years. And regardless of the market size, there is always language that allows the network to pay less or even cancel the deal in the event the team turns out to be, well, the Rangers of the past 15 years. BTW, this deal turned out to be about half what USA today reported.



Since: Jun 25, 2009
Posted on: September 28, 2010 1:37 pm
 

Rangers get monster $3 billion TV deal

A lot of teams spend money whether it comes from television or not. Not many of them are "powerhouses."  A "flash-in-the-pan," maybe. Rangers biggest problem will remain keeping pitchers that want to pitch in that ballpark in that heat.

No. None of the teams you're talking about can spend money year in and year out because it's way too risky for them.  They can occasionally do so but not often.  The difference with the Rangers is they can now spend more money then they used to every single year and know that if they occasionally fail they don't put their business at risk.  I'm not saying this is bonus money that won't matter to them but it's a lot different then other owners that go downhill for years if they screw up once.

Finally, one more thing.  Going into this year Baseball American ranked the Rangers as the number 1 minor league system in all of baseball.   Say what you will and believe what you want but Baseball America is pretty credible.   Combine their great farm system with an extra 50 or 60 million on their payroll and you've got a pretty damn good team.

Remember, the Rangers aren't the Nationals.   They are a very good team, an excellent organization that already has some great talent.  Throw in lets say an extra 50 million per year plus some great prospects hitting their stride along the way and boom, you've got a contender.

People on this thread are  very negative about this.. i find that kinda funny actually.  What is it?  Jealousy? Stupidity?  What's wrong with you people.. there is nothing negative about this new tv deal for the Rangers and can only help them  contend, it will never hurt them.



Since: Sep 17, 2006
Posted on: September 28, 2010 10:06 am
 

Rangers get monster $3 billion TV deal

Where is it written that cash makes for a "powerhouse?" Outside of the Yankees, I'd say just about no one.
Really? Ok. When is the last time anybody but the Yankees had a tv deal of that size?  Exactly... never. 


A lot of teams spend money whether it comes from television or not. Not many of them are "powerhouses."  A "flash-in-the-pan," maybe. Rangers biggest problem will remain keeping pitchers that want to pitch in that ballpark in that heat.



Since: Jun 25, 2009
Posted on: September 27, 2010 11:30 pm
 

Rangers get monster $3 billion TV deal

did they the farm to buy a cow?  This deal is for 20 years!  This deal is great for now, but what will the landscape look like in 10-12 years? sell
You make a lot of sense and on the surface it looks risky, but here's why I don't believe it is.  If ever team had great tv deals and everybody competed that way then yes, it wouldn't be a great deal because others would do much better in 10 or 12 years.  The reason it doesn't matter how long the deal is because it's almost like bonus money.. as stupid as it sounds.  With the exception of the Yankees nobody comes close and most teams get almost nothing and will most likely continue to get nothing. So really, in that sense they are only competing with themselves.  So is it risky on their part? Yeah, it is.  But since they aren't competing with 90 percent of the teams out there the landscape in 10 or 12 years probably won't matter.  If the money is worth half as much in 12 years ( highly doubtful) they are still much better off then 90 percent of the teams out there.



Since: Nov 8, 2009
Posted on: September 27, 2010 10:25 pm
 

Rangers get monster $3 billion TV deal

This definitely is a terrific fix for the Rangers to get some cash to spend, but did they sell the farm to buy a cow?  This deal is for 20 years!  This deal is great for now, but what will the landscape look like in 10-12 years?  It was not even 29 years ago when CBS refused to match Fox's offer of 1.5 billion for NFC games, but less than 10 years later paid more than twice that to get the AFC.  This could end up being a bad deal for the Rangers years from now, but I do understand taking what you can get.  They just need to keep a competitive product on the field to justify it.



Since: Jun 25, 2009
Posted on: September 27, 2010 10:16 pm
 

Rangers get monster $3 billion TV deal

Where is it written that cash makes for a "powerhouse?" Outside of the Yankees, I'd say just about no one.
Really? Ok. When is the last time anybody but the Yankees had a tv deal of that size?  Exactly... never. 



Since: Oct 3, 2006
Posted on: September 27, 2010 8:06 pm
 

Rangers get monster $3 billion TV deal

All they have to do is take the field and they get $150M a season?  1 playoff appearance every 10-12 years and they get $150M, just for allowing cameras to record their games and have them broadcasted?  Why even sell tickets?  They could payroll $120M, drop $15M for expenses and split the rest up with the group - with an empty stadium.  This seems way out of line - I am a firm believer it would easier to sell ads for the Dodgers than it would be for the Rangers.  On top of that, they aren't even that good this year.  The Mariners, Angels and A's all suck and they play 81 games in that homer tunnel.  Cliff Lee has sucked since he got there, compared to his previous life @ Safeco, Citizens and Jacobs.  I don't know - sounds like the new owners presented some guaranteed ad buyers to me - probably with similar length contracts.  Hope Fox is prepared - every new contract is going to cost them 2-300% more.  And I wouldn't guarantee a large growth for MLB interest either...we are still in a recession, the product is saturated with mediocre talent, the prices and salaries continue to go up and there is no cap to govern growth and an equal playing field.  Just like ARoid's Texas Ranger contract might have the dumbest in pro sports history, this Fox TV contract may be the dumbest in sports broadcast history.



Since: Aug 24, 2006
Posted on: September 27, 2010 7:55 pm
 

Rangers get monster $3 billion TV deal

This is a very entertaining team to watch.  Hell, I watched most of their games even when they were completely uncompetitive and I'm not some huge baseball guru.  The fact that they are winning now and it's a young team with a great future...I can see how they can be worth this much.  Not to mention people in the south don't have a lot of options for good baseball...unlike the the #2 market (Dodgers), as noted in the article.



Since: Jan 6, 2008
Posted on: September 27, 2010 7:40 pm
 

Rangers get monster $3 billion TV deal

The Yankees don't develope their talent within, they go out and by big names and big contracts that are already developed. I do agree with the solid leadership part of your statement.



Since: Mar 1, 2008
Posted on: September 27, 2010 7:20 pm
 

Rangers get monster $3 billion TV deal

Glad to see it. One less organization to complain about the Yankees and Red Sox buying titles. Now the Rangers have no reason not to go out and do the same. If they don't spend the money and get the players, they have no one to blame but themselves


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