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Message
re: So How Bad Did the LHN Hurt Texas?
Posted on 11/2/11 at 1:46 pm to PowerTool
Posted on 11/2/11 at 1:46 pm to PowerTool
quote:
But back to the LHN, has anyone figured out if Texas gets the full announced value of the contract regardless of subscribers, or was that the potential value? The copy of the contract I saw was redacted, so I don't know if the full terms have been disclosed.
No definitive word has come out.
My best guess? ESPN wrote themselves a few escape clauses into there to limit the downside payments to Texas if the subscriber base doesn't reach certain levels.
If the network is still a turkey in a few years, they'll eat the startup costs and give Texas the finger.
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