I guess no FM owners thought to bid, to create Chicago's first FM sports station built around the White Sox.
I'm sure it makes money. But maybe an FM Sports station built around the White Sox would make more?
Lets not forget that the Sox is primarily a south side team and any station doing the broadcast will see a skew in demos.
When the Sox win as they have done before, all of the Chicago area listens.
Or watches...and since most of the games are at night, most people watch.
Broadcasting as a general business needs to realize this and get rid of 6 minute stop sets on radio and >15 minutes an hour on TV. The networks are wondering where the public is going. Well...it's not that difficult.
Someone has to pay those rights fees. If you want advertisers to pay it, then you get 6-minute stopsets. If you don't like that, then each person pays $15 a month. Because streaming won't be free for much longer. That was just to get you hooked.
I think WGN took this as a gamble. The Sox deal cold not have been all that expensive rights wise. And of course, we will never know all the details. There could be a revenue sharing component as compared to a flat fee arrangement which then manages more closely the actual cost to the station. The more they make, the more they both make.
And the Sox were not in a superior position to argue for more than that at this point in time. The team is still undergoing rebuilding and their prospects this year are mixed at best. So Jerry being no dummy took what he could get. If they win and win a lot, they both stand to make more...much more.
Maybe they have an agreement similar to the Wildcats agreement where the team buys the time and resells it???
I don't know about the Wildcats, but typically a sports team doesn't buy the time. They get a certain number of free avails in their game to sell. That's part of the deal.
Not true. I've been part of deals where the team bought the time in a time brokerage agreement and produced the whole thing.