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MLS rejected a $4 billion media rights deal bc it required pro/rel

Posted on 7/24/17 at 12:13 pm
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84875 posts
Posted on 7/24/17 at 12:13 pm
LINK

quote:

Major League Soccer rejected a $4 billion global media rights deal from international media company MP & Silva, as reported by the Sports Business Journal.

The offer, which would have quadrupled the annual rate of MLS's current deal, comes with the significant contingency that MLS would have to institute a system of promotion and relegation.


Can't wait to see how this is spun
This post was edited on 7/24/17 at 12:17 pm
Posted by StraightCashHomey21
Aberdeen,NC
Member since Jul 2009
125418 posts
Posted on 7/24/17 at 12:17 pm to
and here we fricking go
Posted by bbap
Baton Rouge, LA
Member since Feb 2006
96014 posts
Posted on 7/24/17 at 12:23 pm to
Probably a bit of a cop out but if this is true their hands were tied regardless.

quote:

Those broadcasters have "exclusive negotiating windows and renewal rights," MLS said in a statement on Monday, and thus the league would be unable to consider Silva's offer, no matter the terms.

"As was stated to Mr. Silva both in person and in a subsequent letter, Major League Soccer is prohibited contractually from engaging in discussions about our media rights with other distributors," said Dan Courtemanche, MLS executive vice president of communications.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84875 posts
Posted on 7/24/17 at 12:26 pm to
Yeah but then they also said they weren't I retested anyway so it's a bit moot
Posted by WarSlamEagle
Manchester United Fan
Member since Sep 2011
24611 posts
Posted on 7/24/17 at 12:29 pm to
quote:

Can't wait to see how this is spun

You did the spinning for your side already.

quote:

bc it required pro/rel

Or...

quote:

Those broadcasters have "exclusive negotiating windows and renewal rights," MLS said in a statement on Monday, and thus the league would be unable to consider Silva's offer, no matter the terms.

"As was stated to Mr. Silva both in person and in a subsequent letter, Major League Soccer is prohibited contractually from engaging in discussions about our media rights with other distributors," said Dan Courtemanche, MLS executive vice president of communications.


They hypothetically may have never accepted it because it had pro/rel — they said they weren't interested, but no one knows for sure if it was because of pro/rel — but they turned it down because they were contractually obligated to do that.

However, it made for a good thread title.



ETA: And the guy above me already said all this. This is what you get for writing a post when you're trying to pay attention in a conference call.
This post was edited on 7/24/17 at 12:31 pm
Posted by S
RIP Wayde
Member since Jan 2007
155706 posts
Posted on 7/24/17 at 12:36 pm to
They're obviously aware of tGOATpionship's excellence and dont want to see that happen here
Posted by pvilleguru
Member since Jun 2009
60453 posts
Posted on 7/24/17 at 12:47 pm to
quote:

MLS rejected a $4 billion media rights deal bc it required pro/rel

Misleading news.
Posted by jackwoods4
Member since Sep 2013
28667 posts
Posted on 7/24/17 at 12:55 pm to
Serious question:

Do you set a reminder on your phone to start one of these threads every couple months?
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84875 posts
Posted on 7/24/17 at 1:06 pm to
quote:

but no one knows for sure if it was because of pro/rel


You're precious
This post was edited on 7/24/17 at 1:07 pm
Posted by WarSlamEagle
Manchester United Fan
Member since Sep 2011
24611 posts
Posted on 7/24/17 at 1:11 pm to
quote:

You're precious

Nah, I just value truth more than confirming our own biases.
Posted by cwil177
Baton Rouge
Member since Jun 2011
28432 posts
Posted on 7/24/17 at 1:11 pm to
There's a pretty clear cause for all of this, but of course you want to spin this to be an MLS sucks issue.

TL;DR: DS still hates MLS. Nothing to see here. Move along.
Posted by pvilleguru
Member since Jun 2009
60453 posts
Posted on 7/24/17 at 1:13 pm to
Pretty sure this proposed deal wouldn't kick in until 2023. Why agree to anything that far in advance?
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84875 posts
Posted on 7/24/17 at 1:15 pm to
uh huh
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84875 posts
Posted on 7/24/17 at 1:15 pm to
It's 4 or 5 times what you're making now, its 2023 not 2053
This post was edited on 7/24/17 at 1:21 pm
Posted by pvilleguru
Member since Jun 2009
60453 posts
Posted on 7/24/17 at 1:23 pm to
It's still 6 years down the road. They aim to add 4 or more teams by then. Keep doing what you're doing and reevaluate when you get closer.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84875 posts
Posted on 7/24/17 at 1:32 pm to
Ok so if we get to 2023 and their next deal is worth less than 4 billion you'll agree it was a bad move?
Posted by bbap
Baton Rouge, LA
Member since Feb 2006
96014 posts
Posted on 7/24/17 at 1:46 pm to
quote:

Ok so if we get to 2023 and their next deal is worth less than 4 billion you'll agree it was a bad move?



No. How can it be a bad move when they specifically laid out that contractually they cannot even consider it?
Posted by pvilleguru
Member since Jun 2009
60453 posts
Posted on 7/24/17 at 1:55 pm to
quote:

Ok so if we get to 2023 and their next deal is worth less than 4 billion you'll agree it was a bad move?

Not necessarily. Getting 3b while keeping more control of the league would probably be favorable to what was proposed in this deal.

And there's nothing stopping them from making this same proposal 5 years from now.
This post was edited on 7/24/17 at 1:57 pm
Posted by Icceytiger
Princeton, NJ
Member since Aug 2010
1986 posts
Posted on 7/24/17 at 2:03 pm to
The only reason Silvia brought this deal up is cause he is owner of a NASL team... he know he has no way of getting in to MLS ..so why not try and throw money at them... typical rich people .. I can't get what I want so let me throw money at them... I actually applauded MLS for saying no
Posted by pvilleguru
Member since Jun 2009
60453 posts
Posted on 7/24/17 at 2:04 pm to
Silva is really trying to do this to get his club in MLS. His $4b would let his Miami FC beat Beckham's Miami team into the league, and also allow Silva to decide how MPS games are televised. I just don't see how MLS could seriously entertain this proposal.
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