The jaw-dropping number initially reported for the LA Lakers new TV deal with Time Warner Cable was $3 billion (a figure disputed by the cable giant), but according to the OC Register, team owner Dr. Jerry Buss and co. could be in line for up to $5 billion from the deal: “That $5 billion is over 25 years – or it’ll be merely $4 billion over 20 years if the future option isn’t exercised. It has been widely and wrongly reported as less. Let’s pause and appreciate how much money one club, starting next season, will get per year all to itself just from local TV: $200 million … when Forbes values the entire Milwaukee Bucks franchise at $258 million.
bring on the luxury tax.
:D 