The Padres deal is up this year. John Lynch had to show what a big swingin' Congressman Weiner he had so he paid the team ridiculous, stupid money to make sure 1090 got them. It was a disasterous deal that helped prop up Lynch's macho self image but it made 1090 swim in red ink even though the station is doing pretty darn well. I am hearby predicting (and I want some sports newspaper reporter to tell us about this soon) that there are NO local local radio groups that will pay stupid guarantee money to carry the Padres next season. The Padres will have to accept a fair market plan where they share the money that comes in. I would guess they would get a lion's share of that income, but the days of the ridiculous guarantee for the Padres are over!!! Clear Channel already passed on the Padres and Lynch is no longer in the picture. CBS and Lincoln Financial both made bad money moves (with J&J and Mikey, respectively) and I doubt either group is going to throw out good money after bad any more. Baseball and radio is not the treasure chest it was for decades.
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Padres
- Thread starter canyouhearmenow
- Start date
Damn! You're smart! What station or group are you running at the moment? A legend in your own mind indeed.
I suspect the TV money will suffice. I hope 1090 retains the Padres. The signal comes in nice and strong 600 miles north after dusk and I enjoy catching the later innings and post-game.
Yes, it would be nice if 1090 kept the Padres because of its strong signal. But the fact is, because of John Lynch, 1090 is getting REAMED because of what it promised to pay the Padres. That's done now. There are no megalomaniacs who make decisions who say they own a radio station (ooops...Lynch didn't really own anything...hate it when you're busted for being a fraud) who will commandeer such a flawed commitment to pay stupid money for live baseball. The jig is up!!!
Just found out some important details. Currently 1090 (based on the deal negotiated by John Lynch) is paying $5-mil a year to the Padres. New offer from 1090 for next year: $2-mil guarantee with profit sharing if sales exceed $2-mil. Plus I heard there will not be anybody else to step up and throw money at the Padres in a competing bid. When Lynch was blown out, the Padres lost their radio meal ticket.
WCBS-AM, the radio home of the Yankees since 2002, currently pays $13 million per year.
WEEI-AM Boston Red Sox get $18 million per for their radio rights.
KABC-AM Dodger deal is about $9 million per year.
XEPRS' Padre deal for $5 million is "reasonable" at the time it was made.
(English radio rights.)
Other markets are doing similar to the one described: $2 million plus revenue sharing is a model teams have adopted.
WEEI-AM Boston Red Sox get $18 million per for their radio rights.
KABC-AM Dodger deal is about $9 million per year.
XEPRS' Padre deal for $5 million is "reasonable" at the time it was made.
(English radio rights.)
Other markets are doing similar to the one described: $2 million plus revenue sharing is a model teams have adopted.
Q Tip said:
Who says 1090 sucks in east county? I was in Cameron Corners earlier this week and thought they had a fairly good signal. (That's a few miles east of Campo, BTW, on Highway 94 at Buckman Springs Rd.) Also 1700 does have a couple of their own programs in the middle of the day, but overnight and for games I usually find the stations simulcasting.
(Slightly OT - anyone know where I can find David Stein over-the-air on analog AM or FM in San Diego area, even if I have to bring him in via skywave on AM (as long as any co-channel interference is weaker than the station he's on, and any adjacent splatter is limited to occasional transient bursts/noises)?)
tfcwings said:
Stein tried to do a non sports "positive outlook" overnight show through a new syndicator, but the show folded due to lack of sponsors a little more than 2 months in, according to the wiki.
The last show in his archive is from the middle of May. http://blackcardradio.com/?page_id=1431
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