Thursday, August 30, 2012

Fox, Dodgers in talks on multi-bln dollar TV deal-source

August 27, 2012 | by Ronald Grover

Fox Sports and the Los Angeles Dodgers began preliminary talks in May on a multi-billion dollar cable TV deal, a person familiar with the talks said, the latest in a string of rich cable TV contracts for teams in the largest U.S. TV markets.

The talks would give the Dodgers the financial firepower for big player deals and began weeks before the major league baseball team went on a spending spree that included a high-profile Aug. 25 trade with the Boston Red Sox in which the Dodgers assumed four player contracts valued at more than $260 million through 2018.

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