Verizon Expands Deal for NBA Games

Verizon has agreed to pay ≈ $400M per year for the rights to1,100 regular season games through NBA “League Pass”.

The deal will also include:
1) Content creation
2) Virtual reality
3) Augmented reality

NBA ratings are up 21% compared to last season.

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The Dodgers are guaranteed $8.35b over 25 years from Time Warner (now Charter Communications).

That breaks down to an average of $334m/year!

In order to break even, the Network needs to make $1,988 from every pay-TV subscriber in the region or an average of $80/year.

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