Indians sell TV network to Fox Sports Media Group Print
Written by Admin   
Friday, 28 December 2012 09:49
MLB Headline News

 CLEVELAND (AP) - The Cleveland Indians sold their regional TV sports network and telecast rights for Indians baseball games to Fox Sports Media Group, in a deal announced Friday.
Fox Sports Media Group said it will have the exclusive long-term local telecast rights for the Indians.
While no financial terms were released, The Plain Dealer reported that Fox Sports is paying an estimated $230 million for SportsTime Ohio and $400 million over 10 years to broadcast the games.
Since the 2006 season, the team's games have been on SportsTime Ohio, a Cleveland-based regional sports network created by Indians owners Paul and Larry Dolan.
The Dolans had hoped that owning their own network would give the team more revenue and allow them to control programming much like the New York Yankees' YES Network and the Boston Red Sox's New England Sports Network.
Paul Dolan said in a statement Friday that the sale of SportsTime Ohio will strengthen the franchise and help its ability to build competitive teams.
Fox Sports Media Group, which is owned by News Corp., already owns 20 U.S. regional sports networks. News Corp. in November said it was acquiring a 49 percent stake in the Yankees' YES Network.
The addition of rights to Indians games gives Fox Sports Ohio adds to its lineup of the Cincinnati Reds, Cleveland Cavaliers, Columbus Blue Jackets, Columbus Crew, Xavier Musketeers, and Cincinnati Bearcats.
SportsTime Ohio also has carried Mid-American Conference football and basketball and high school sports.
Whether the two networks will be combined into one isn't clear.
``The acquisition of SportsTime Ohio solidifies our business in Ohio,'' said Jeff Krolik, executive vice president of Fox Sports Networks.
 

MLB Team Pages

Top MLB Public Bets

#1 920 Houston Astros 86%
#2 904 Atlanta Braves 86%
#3 905 Los Angeles Dodgers 81%
#4 916 Boston Red Sox 73%
#5 908 St Louis Cardinals 72%
#6 902 Washington Nationals 71%
#7 921 Seattle Mariners 65%
#8 912 San Francisco Giants 64%
#9 913 New York Yankees 63%
#10 910 Colorado Rockies 62%
View All: NFL |  NBA |  NCAAF |  NCAAB |  MLB |  NHL

MLB Futures

MLB TEAM WORLD SERIES ODDS CURRENT
LOS ANGELES DODGERS 6/1
DETROIT TIGERS 7/1
ST LOUIS CARDINALS 9/1
WASHINGTON NATIONALS 10/1
KANSAS CITY ROYALS 10/1
NEW YORK METS 12/1
BOSTON RED SOX 14/1
CHICAGO CUBS 14/1
SEATTLE MARINERS 16/1
NEW YORK YANKEES 18/1
View All

Privacy Policy | Terms of Service | Contact Us | Advertising | 888-99-SPREAD

THIS IS NOT A GAMBLING SITE – If you think you have a gambling problem click here.

Disclaimer: This site is for informational and entertainment purposes only. Individual users are responsible for the laws regarding accessing gambling information from their jurisdictions. Many countries around the world prohibit gambling, please check the laws in your location. Any use of this information that may violate any federal, state, local or international law is strictly prohibited.

Copyright: The information contained on TheSpread.com website is protected by international copyright and may not be reproduced, or redistributed in any way without expressed written consent.

About: TheSpread.com is the largest sports betting news site in the United States. We provide point spread news, odds, statistics and information to over 199 countries around the world each year. Our coverage includes all North American College and Professional Sports as well as entertainment, political and proposition wagering news.

©1999-2013 TheSpread.com