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Major League Soccer Announces New TV Deals With ESPN, Fox, Univision

May 12 2014, 1:14pm CDT | by

When we reported on the Major League Soccer’s financial success in November, we noted that one of the biggest factors for the league’s continued success was its upcoming TV deal negotiations. ...

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11 weeks ago

Major League Soccer Announces New TV Deals With ESPN, Fox, Univision

May 12 2014, 1:14pm CDT | by

When we reported on the Major League Soccer’s financial success in November, we noted that one of the biggest factors for the league’s continued success was its upcoming TV deal negotiations. MLS is currently in the final year of TV deals with ESPN, NBC and Univision, which pay a combined $30 million annually on average. After an especially long negotiation period, the league has finally sealed new, eight-year agreements with ESPN, Fox and Univision that will run through the 2022 season.

At today’s announcement press conference, MLS commissioner Don Garber called the set of eight-year deals the “most comprehensive media rights arrangement” in the history of American soccer. Garber also discussed the league’s need for maximizing the league’s TV revenue, an area in which MLS appears to have been incredibly successful.

In our November report we predicted that, thanks to a burgeoning fan base and the networks’ need for live programming, MLS should have little trouble more than doubling its TV rights income. It turns out even that bullish guess underestimated the final outcome – the three deals are reportedly worth a combined $90 million per year, roughly triple what MLS was receiving previously. That’s still a fair bit behind America’s other pro leagues – the NHL, for instance, gets an average $200 million per year from NBC – but is a huge step toward closing the gap.

ESPN and Univision will remain as partners, with NBC being dropped for Fox. It’s worth noting that MLS will lose its (slight) connection to the English Premier League by leaving NBC, but the new deals have included some changes that seem geared toward growing the league’s television audience.

Principal among those changes is planned consistent scheduling. Similar to other American pro leagues that play their nationally broadcast games in a consistent weekly time slot, MLS will now play a nationally broadcast double-header every Sunday night. ESPN will also now control the league’s out-of-market games, which were formerly aired on MLS digital properties.

MLS has developed a loyal in-stadium fan base that has put the league ahead of the NBA and NHL in average home game attendance, but television viewership has struggled to top even the WNBA in recent years. The changes to the league’s broadcast schedule should help increase TV viewership, which is key for the still budding league. Plus with MLS expansion teams coming soon in markets like New York, Orlando, Atlanta and Miami, odds are there will be plenty of fans looking to tune in.

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7 weeks ago

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Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan Rakyat was ...
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KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk Seri Hishammuddin Huss ...
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Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

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8 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 million ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
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8 weeks ago

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Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri Mustapa M ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
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8 weeks ago

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Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an allocation of RM20 mill ...
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8 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Scheme 2014. ...
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8 weeks ago

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PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinrara Damansa ...
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