Being in business with the NFL is good business. The value of each NFL franchise keeps going up year after year. Jerry Jones bought the Cowboys for $150M and now what is it worth? $20B maybe?
If you're a network and want to show NFL games, you better come with Billions for the ugly Thursday night games.
Now it's reported that ESPN and NFL Network are close to agreement for ESPN to purchase the network owned by the league. The estimated purchase price is $2B. This negotiation has gone on for over a year and as the season inches closer, so has this deal to the finish line.
I'm torn on this deal, the best thing the NFL Network does is the Red Zone, but when you're a media company and now you're in bed with the NFL even further, can you really report the news fairly? Can you investigate your partner if there is wrongdoing?
The NFL has a ton of power and with that much power comes corruption. Having journalists and media companies being able to investigate organizations helps balance the scales. It looks like ESPN is out of that game and just prefers to provide top tier content. Which is probably the right strategy for these times.
- Sherrone and the few players are expected on stage at the Big Ten Meetings today. I hope we learn a few nuggets. Like maybe the health of the QB room?
No comments:
Post a Comment