Quote:
Originally Posted by Chiefspants
I thought they closed on that in September? Something like 48-52 mil a year, I thought. It wasn't groundbreaking but at the same time we didn't seem to get stiffed. Right at market value.
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In September Biz Journal had a story saying Royals had signed a new 5 year extension to their radio contract with 610 sports. (it goes through 2024 )-
https://www.bizjournals.com/kansasci...adcasting.html
No mention of actual dollar amount for radio deal.
Found this old news on new TV contract -
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An offer from FSKC was presented in May, according to sources. A new deal, likely in the 10- to 15-year range, is expected to bring the Royals somewhere near the $48-52 million range per year in rights fees.
The Royals’ present 11-year deal with FSKC, which expires after this season, was backloaded and will bring the Royals about $25 million this season, though its average annually was closer to $20 million.
That TV deal with FSKC was signed in 2008 and, though now often regarded as financially inadequate, was welcomed at the time. It replaced the ill-fated in-house Royals Sports Television Network, which struggled mightily trying to distribute games to area cable and satellite companies, often leaving tens of thousands of fans without coverage.
Negotiations for a new deal between the Royals and FSKC have been slowed this year by outside factors, namely Sinclair’s pending deal to purchase all the Regional Sports Networks (including FSKC) from Disney, which is acquiring numerous 21st Century Fox assets. That deal was reportedly finally completed late Friday. The Department of Justice had mandated that Disney, which also owns ESPN, sell off the RSNs to avoid a sports monopoly.
Fox also is in the midst of negotiations with Dish Network over an expiring carriage deal, which has slowed Royals-FSKC negotiations as well.
https://www.mlb.com/royals/news/roya...-fox-sports-kc
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