Quote:
Originally Posted by rudel.dietrich
TV money it about to completely change the face of baseball.
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Correction: TV money is about to completely change the face of baseball
again.
Quote:
Originally Posted by dudeosu
CNN had an article about the "other" teams catching up with the Yankees in payroll, so I think you're hitting the nail on the head with the changing nature of baseball's media contracts.
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The Biz of Baseball has had articles on this for awhile now. Live programming is about the only television content a cable provider can offer that isn't found elsewhere in one form or another, and consequently this is rapidly pushing up local media contracts. They are typically doubling or tripling in value. It's a trend that will continue for a couple of years as existing deals expire and new ones are negotiated.
MLB's national television contract expires after the 2013 season, and there's every expectation that it too will see a hefty increase in value, for much the same reason as are local media contracts.
And if clubs have more money to spend, player salaries will rise. (Though more so for players at the top than for those at the bottom. The main way players at the bottom see salary increases is by the raising of the minimum salary.)