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HOF
Posted 18 July 2014 - 12:39 PM
Ultimately the point here is that the Nationals have no case regarding this. Quite frankly, Angelos should have gerrymandered something into the deal which would award MASN damages of some sort in a case where they try to drag it out like this.
....exactly....because Peter G. Angelos would NEVER CONSIDER doing something like that.
Rookie
Posted 18 July 2014 - 12:56 PM
....exactly....because Peter G. Angelos would NEVER CONSIDER doing something like that.
All of this was smart business on his part - ALL OF IT. Sure to the naked eye it might come across as incredibly petty and so forth, but when you're dealing with an asset the cost of a sports franchise, you have to protect yourself.
The only concern I have is if somehow the Nationals win their case. After all the legal battles and so forth are over, he'll still have to pay the Orioles the same thing he'd be paying the Nationals. That would bankrupt the network supposedly. So MASN ends up going belly-up, the Nats go to Comcast Sportsnet, and...what happens to the O's? No TV contract? I think that's all a risk that was worth taking for Angelos, but the fact is that you just never know. You could end up with some do-gooder arbitrator who ends up siding with them. If that scenario it would come across as Angelos out-smarting himself and in a sense losing everything he had worked so hard to protect BECAUSE of how he tried to protect it. I'd put that scenario as having about a .09% shot at happening, but you never know.
HOF
Posted 18 July 2014 - 12:57 PM
Ultimately the point here is that the Nationals have no case regarding this. Quite frankly, Angelos should have gerrymandered something into the deal which would award MASN damages of some sort in a case where they try to drag it out like this.
Why?
MASN has paid the Nationals what they think is fair. It hasn't gone to court so it's not like there are lawyers fees. Why should MASN care if the Nationals are dragging things out?
Rookie
Posted 18 July 2014 - 01:04 PM
That's a good point. If anything it's the Orioles who are probably suffering because what small rights increase the teams will end up with is being tied up in court by the Nats. However this is also costing MASN in legal fees and so forth, so there is a cost associated with it for the network.
HOF
Posted 18 July 2014 - 01:23 PM
That's a good point. If anything it's the Orioles who are probably suffering because what small rights increase the teams will end up with is being tied up in court by the Nats. However this is also costing MASN in legal fees and so forth, so there is a cost associated with it for the network.
MASN is giving the Orioles and Nationals its proposed increase. It wasn't a small increase either. It was 20% the first year and annual 7.7% increases each subsequent year for the five year period. It went from 29M in the last year of the old deal to 34 in 2012 to 36.1 in 2013 to 39.5 in 2014. That's a 33% increase in 3 years.
As far as I know, the Nats are complaining to MLB and MLB is trying to mediate. I'm not sure legal fees are so high at this point.
Rookie
Posted 18 July 2014 - 01:28 PM
You get the point - lawyers are always involved when this amount of money s being discussed.
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