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.
Yeah, it's the past but you keep complaining based on the past. First they tanked and shouldn't have. Now they make some comments about needing to have a budget and you say they're crying poverty -- all before any trades/signings have been made. (They signed a $155 million pitcher last year, I recall.)
FYI, the Cubs have had a skating rink the last couple of years. It's not a permanent structure (obviously) and probably doesn't cost all that much. But who knows, maybe it'll be the reason they don't win a World Series.
Thanks guys! Pretty sure Bill Murray says thanks too.
Awesome job, Tim!
Outfielder Chris Young signs "multiyear" contract w BoSox.
Wow, Dombrowski is a buffoon
Not sure I understand the logic, especially for more than one year.
well, that's the past. we're left with the present. even though that past you're seeing is some weird black/white either/or where hybridization of ideas isn't allowed...nonetheless...
the present is ice skating, movies, concerts, beer gardens, hotels, office space and other wonderful baseball activities based around a young, successful baseball team.
All money making ventures, which would have been offset with a reasonable TV contract that previous ownership screwed up
Nah, I'll probably just contemplate how they should've done a Padres-style all-in plan.
of course not. maybe go ice skating and think about it a while. make advanced reservations at the hotel they're starting construction on. check new releases for possible entertainment from the movie screens they want installed. think about renting an office in the new office spaces. write a letter to the cubs requesting your favorite beer be added to the beer garden. lobby your favorite band to play the outdoor venue.
...and in between that maybe they can find $40-50m to invest in the product that all of this revolves around.
let's not get caught up on phrasing for a setup and lose the gist of the post. i don't care what one wants to call the playoff exit.
+they lost their playoff attempt
there. now we can focus on something other than not liking the tone of a line that's setting up a point.
I didn't like the entire post, if that helps.
Making the NLCS with a young team = "crapping out of the playoffs with a young team."
I'm guessing 3/30 and all the two foot long hot dogs you can eat didn't work