It's 3am and You're Dying For a Hit of Milo Hamilton; What Do You Do?
A new channel devoted to the Cubs is one of the enticing potential revenue-generating items that Tribune Co. is floating as part of its planned sale of the Chicago Cubs, Wrigley Field and its 25 percent stake in Comcast SportsNet.
The story mentions some of the roadblocks that might prevent a New York Yankees/YES Network sort of channel from becoming a reality in Chicago, including the possibility that Tribune Company could box the team's new owner into continuing to air many games on Tribune-owned WGN. Still, one can certainly see why the concept might be attractive...
[YES Network's] revenues, which include other sports programming
besides the Yankees, exceed $300 million, and its cash flow, a critical
measure of the network's health, was about $186 million in 2006,
according to The New York Times.
YES' value has been estimated at $3 billion, more than two times the
$1.3 billion valuation that Forbes magazine placed on the Yankees.
One other item of interest in the piece—so far this season, the Cubs are averaging a 4.9 rating on Comcast; the White Sox, whose ratings are up 27% over 2007, come in at 1.9. That's less than 40% of the Cubs' viewership.
Point that out the next time one of your Sox-loving friends whines about how the Cubs get more attention from the Chicago media.
Happ signs w Jays
needs more d.beeler and e.jokisch
As an Illinois tax payer I appreciate what they r doing
+ Bankruptcy Court
2 spots left on the 40-man...wonder if they're going to play around in the rule-5 market...
A special after day after Thanksgiving thanks to AZ for his insanely detailed posts on all things roster. I don't know how you keep track of all that stuff - I suspect a chip implant, but whatever it is, it's cool.
...the wrong half.
there's nothing like crapping out of the playoffs with a strong/young cheap team after pinching pennies for years then having theo talk about having to be creative with money to make things work for 2016...but hey, baseball isn't baseball without a farmer's market and beer garden plaza with ice rinks.
they can do both...then again, if you want to look at it from a business point of view, they don't have to do both because the team is expected to be competitive and the merch+tickets+eyes-on-team are going to be at a peak unless they fail badly.
They are trying to bring the facility to the 20th century.
I think they know what they are doing.
With the Cubs adding Pierce Johnson to their roster and not exposing/losing him to the Rule 5 Draft keeps the trade ancestry tree alive that started in 1999 with Tom Gordon and undrafted Adam Morrissey and includes 17 players, the trade tree progressed to involve the Hee Sop Choi for Derrek Lee deal and the famous Aramis Ramirez/Kenny Lofton deal..Pierce Johnson is the compensation pick for Aramis Ramirez in 2012
the Rex brothers?
Yeah, the Rex brothers, Tyrannosaurus and Oedipus
When I first saw the Tweet, I thought there were two guys. Happy Thanksgiving gang! And TheoJed!