Re: Red Sox Turn there attention to Matt Clement
Yes, NESN is one of the ways the team gets their money but the station is owned by UPN 38 (20%) (Actually, I am not sure if they have sold their stake yet), but the Bruins (40%), and the Red Sox (40%) are the main owners of the station. All the revenues do not go directly to the Sox.
From Boston Dirt Dogs with Larry Luchino and Micheal Felger (Boston Globe writer)
MF: Does revenue sharing hurt or help the Red Sox?
LL: Sure the immediate impact is probably detrimental as it diverts revenue from us to other places. But the expectation is that it will be better in long-term. Competitive balance will make the games even more exciting . Competitive games are attractive to fans at the gate and on TV and contribute to escalating growth in players' salaries. We have a system that works well for one team, the New York Yankees. They have a chance to win, add payroll, and make money at the end. The other 29 teams are in a different category because of the differences in the markets.
For Full article click here http://bostondirtdogs.com/2002_a/lar..._WEEI_8.15.htm
If you read that excerpt you see the Red Sox management is crying poor in saying the Yankees are the only one's getting the revenues.
Yes, NESN is one of the ways the team gets their money but the station is owned by UPN 38 (20%) (Actually, I am not sure if they have sold their stake yet), but the Bruins (40%), and the Red Sox (40%) are the main owners of the station. All the revenues do not go directly to the Sox.
From Boston Dirt Dogs with Larry Luchino and Micheal Felger (Boston Globe writer)
MF: Does revenue sharing hurt or help the Red Sox?
LL: Sure the immediate impact is probably detrimental as it diverts revenue from us to other places. But the expectation is that it will be better in long-term. Competitive balance will make the games even more exciting . Competitive games are attractive to fans at the gate and on TV and contribute to escalating growth in players' salaries. We have a system that works well for one team, the New York Yankees. They have a chance to win, add payroll, and make money at the end. The other 29 teams are in a different category because of the differences in the markets.
For Full article click here http://bostondirtdogs.com/2002_a/lar..._WEEI_8.15.htm
If you read that excerpt you see the Red Sox management is crying poor in saying the Yankees are the only one's getting the revenues.
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