Dodgers Sign A Multi-Billion Dollar Deal With Time Warner

1/30/13 in MLB   |   natsaar   |   160 respect

Mar. 27, 2012; Peoria, AZ, USA; Los Angeles Dodgers outfielder Matt Kemp in the first inning against the San Diego Padres at Peoria Stadium.  Mandatory Credit: Mark J. Rebilas-USA Today SportsOn Monday, the Los Angeles Dodgers announced their new TV contract with Time Warner Cable, which will last 25 years and is worth between $7 billion and $8 billion.

The TWC channel will be very similar to the one the company has with the Los Angeles Lakers, where it will be all Dodgers, all day. They haven't given any details on if  any local games will be broadcast on free television.

There are still some things that need to be tied up, like MLB's approval of the deal, and if the Dodgers will have to pay over $1 billion to the revenue-sharing program in the league. Typically, MLB gets 34% of local broadcast revenue, according to the LA Times, then disperses it to the poorer teams in the league.

However, teams who start their own channel keep most of the profits, since they are assuming the risk.

Another possible roadbump is that the team is currently still in U.S. Bankruptcy Court.

On average, they'll make $320 million a year, if they don't have to take part in the revenue share.

The new channel will be called SportsNet LA. One big difference between the Lakers and Dodgers deals are that the Lakers also have a Spanish channel, but the Dodgers will just have the one.

Unfortunately, this means that when the deal takes effect for the 2014 season, people will have the same problem they had with the Lakers where they won't be able to watch games unless they pay for the channel.

Both TWC and the Dodgers acknowledged this, and said that it's likely fans will miss a few games of the season until deals with the carriers are done. Hopefully, they will be able to plan, since it's a year away, and people won't have to miss any of their Boys in Blue.

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