![]() ![]() Their distribution partners may not be willing to pay more, but their league and team constituents are beginning to have more TV revenue options. Indeed, the tech giants pose a grave competitive risk for regional sports channels, as the pay TV ecosystem dwindles. Owned by Kroenke Sports and Entertainment, Altitude Sports recently lost distribution of Major League Soccer's Colorado Rapids, after MLS signed a 10-year deal with Apple TV. Big Clients Call for Creative Distribution It's no wonder that UCLA, which recently reported debt of $102.8 million for its athletic department, agreed to join USC in making a radical shift in conference affiliation. With national TV deals with Fox Sports and ESPN factored in, all told, the Pac-12's media efforts generated only $30 million for the conference's 12 programs in 2022. The RSN hopes to up its revenue with its own pending new TV deal, but that will likely look nothing like the largesse negotiated by the Big Ten or SEC. In August, the Big Ten Network signed a new carriage deal that will net its 16 constituents more than $1 billion dollars a year.Ĭonversely, the Pac-12 Network earned only $43 million in the COVID-impacted 2020 collegiate athletic season after generating $118 million in 2019. The Dodgers, which just finished with an all-time National League best 110 wins, have made the postseason 10 consecutive seasons, with the team able to withstand sizable luxury tax penalties each year.Ĭonversely, the lightly regarded Pac-12 network - available only via fubo TV and Sling TV in the all-important Southern California market - has been signaled out as catalyst for a decision made by lynchpin Pac-12 schools USC and UCLA to leave the conference in 2024 and head to the Big Ten, a league far more flush with RSN coin. In Next TV's home market, the Los Angeles Dodgers have thrived on a 25-year, $8.35 billion contract signed with the erstwhile Time Warner Cable in 2013 for carriage on SportsNet LA, now owned by Charter Communications.
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