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Comcast Bid for Fox Assets Higher Than Expected

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Yesterday we reported that Comcast was expected to bid $60 billion to acquire the 21st Century Fox assets Disney had already bid $52.4 billion for. Those assets include 22 regional sports networks. Well, the bid is in and it is actually $65 billion.

That is an all cash offer, by the way.

Disney and Fox shareholders had been rushing to approve the deal before Comcast entered a bid. The new, higher number may change Fox shareholders’ plans.

As we reported yesterday, regulators in the US will be keen to keep an eye on what a Comcast acquisition of Fox would mean to sports fans. Fox’s 22 RSNs represent the most owned by a single company. Comcast owns the second most at 8. If this sale goes through, Comcast would own six times as many RSNs as the company with the second highest number (Spectrum with 5). Combine that kind of dominance in the RSN field with the fact that Comcast is also a cable provider, and that may represent a significant hurdle.

Andrew Bucholtz of Awful Announcing explains that Fox shareholders may still consider Disney the frontrunner, because the RSN situation would not stand in the way of any deal Fox makes with that company.

Disney is a content provider, not a cable provider. And sure, there still could be concerns about the extra leverage they’d gain from controlling a ton of RSNs; when it comes to carriage negotiations, it’s nice to have a bunch of networks that you can potentially pair, to say nothing about how much of the TV sports landscape would be under Disney’s roof after this deal. But Disney doesn’t currently own RSNs, so there would still be two major players in the RSN landscape after their deal, plus the smaller ones.

In a tweet, Wall Street Journal media reporter Joe Flint says both Disney and Comcast have indicated that they would be willing to unload FOX’s RSNs if that is what holds up a deal.

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John Skipper ‘Expects’ NBA To Have More Than 2 Partners in New TV Deal

“They’re gonna end up with more partners than they have now…with somewhere between two or three times the money they have now.”

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Former ESPN President and current Meadowlark Media CEO John Skipper thinks the NBA will go the NFL route and have more than two broadcast partners for their upcoming media rights deal.

During an episode of the Sporting Class podcast, John Skipper and cohorts David Samson and Pablo Torre discussed the upcoming NBA media rights deal, under the guise of Dallas Mavericks governor Mark Cuban selling the team, and how it could play out for teams moving forward. When it came to the total valuation of the NBA’s upcoming rights deal, Skipper was bullish on the NBA’s future.

“They’re gonna end up with more partners than they have now,” Skipper said, “they’re gonna end up with, in my opinion, with somewhere between two or three times the money they have now,” before host Pablo Torre added some additional color, stating “Because of broadcast partners in television and also the tech companies.”

The NBA has famously featured one or two broadcast partners for most of its lifespan. CBS held NBA broadcasting rights from the mid-70s until the 1989-90 season, then lost the rights to NBC from 1990 until 2002, with interspersing of cable broadcast holders like USA Network, ESPN, and Turner between there.

In 2002, the NBA shifted to a more rigid version of its two-partner system, where ABC and ESPN would split games with Turner Broadcasting. The league extended its agreement with both networks multiple times, which will finally come to a head in 2024.

For the first time, the NBA could look to expand across multiple channels, similar to how the NFL handles business, where multiple broadcast partners will air games on either certain days of the week or certain holidays. While Turner could be planning for life without the NBA, both Amazon and NBC are planning an aggressive pursuit of NBA rights during the next media rights negotiation.

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Kirk Herbstreit: Pat McAfee Has ‘Changed My Experience’ on College GameDay

“You’ve changed the approach, the energy, not just on this set, but like the week. I’m having a blast.”

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Kirk Herbstreit and Pat McAfee

While many detractors say otherwise, Kirk Herbstreit is crediting Pat McAfee for positive changes in the way he and the team approach College GameDay.

During an appearance on The Pat McAfee Show, McAfee jokingly discussed leaving College GameDay due to “mean” college football fans ruining his fun and positive life. “I don’t want the negativity in my life, I don’t want the death threats,” McAfee said. Herbstreit, however, had no time for McAfee and threw the gauntlet down. “If you dare even think about leaving College GameDay,” Herbstreit said, “I’m leaving with you.” McAfee then responded with the famous line from Talladega Nights — “don’t you put that on me!”

Within the jest, however, Herbstreit lets us peek back behind the curtain to how he and the rest of the College GameDay team feel about McAfee. “You’ve changed my experience,” Herbstreit said. “You’ve changed the approach, the energy, not just on this set, but like the week. I’m having a blast…It’s like being on a team where you have a great energy. If you dare leave…” Fortunately, by the end of the segment, McAfee was back on board and admitted this would be his life for the foreseeable future.

Some pundits have felt that McAfee’s appearance on GameDay hasn’t helped grow the program, despite them confirming Herbstreit’s remarks on McAfee’s personality. Former ESPNer Dan Le Batard said on his show, “He is effusive, he is such a positive person. He is effusive in his praise for the people on that set. But now the numbers are coming back, and this is something that McAfee couldn’t have expected.”

While the ratings numbers for GameDay are higher than they’ve ever been (something Herbstreit and McAfee made sure to mention in their discussion,) they’re still under attack from FOX’s Big Noon Kickoff, who have scored some major ratings wins over this past season. According to FOX, before the Nov. 25 game between Ohio State and Michigan, Big Noon Kickoff averaged 2.34 million viewers and hit a record 4.36 million viewers from 11 a.m. ET until kickoff. This made Big Noon Kickoff the most-watched college football pregame show on television for the weekend. The recent losses have some feeling like College GameDay has lost its way.

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Al Michaels Questions If Bill Belichick Has TV Future

“Does he go into television? How about this? They put him in the booth with Kevin Burkhardt and Tom Brady next year on FOX.”

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Amidst a dismal season for the New England Patriots, one legendary sports broadcaster thinks Bill Belichick could leave coaching to join him in the world of announcing.

During last night’s Thursday Night Football broadcast between the New England Patriots and Pittsburgh Steelers, Al Michaels made a passing comment about Belichick’s status as Pats head coach moving forward — but it could have massive reverberations throughout two industries.

“Does he go into television?” Michaels said while speculating Belichick’s future with co-host Kirk Herbstreit. “How crazy that sounds, but he won an Emmy [for NFL Network’s NFL 100 All-Time Team series] with Cris Collinsworth and Rich Eisen. How about this? If he goes into television, they put him in the booth with Kevin Burkhardt and Tom Brady next year on FOX.”

Belichick and Brady teaming up once more doesn’t seem too far-fetched, especially considering their past successes together. Former Patriots wide receiver Julian Edelman and tight end Rob Gronkowski also prowl FOX’s airwaves, which could allow the former Patriots to dominate sports media in a way not seen since ’80s and ’90s-era Dallas Cowboys did in years past.

Unlike Brady, who is a relative newcomer to sports broadcasting, Belichick has precedent with sports TV in the past. Outside of the NFL’s Top 100 All-Time Team. Belichick served as a guest analyst for ABC’s Super Bowl XL pre-game show breaking down the action between the Steelers and the Seattle Seahawks. Belichick was praised for his work on that broadcast, despite his prior reputation as a bit of a grump. Belichick also featured heavily and was likewise praised for his appearance in ESPN’s The Two Bills, a 30 for 30 starring Belichick and Bill Parcells.

What could the future hold for Belichick? As Herbstreit says during the broadcast, “The only guy who knows is Bill Belichick.”

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