Television money in the NBA is at an all-time high, but that isn't stopping Los Angeles Clippers owner Steve Ballmer from reportedly turning down a lot of local broadcast money to explore building an online service to broadcast his team's games.
According to Claire Atkinson of the New York Post, Ballmer rejected an offer worth $60 million per year from Fox Sports' Prime Ticket to move ahead with plans to start his own "over-the-top" online streaming network:
If he follows through on the plan, Ballmer, the former CEO of Microsoft, would be the first owner of a major US sports team to deliver games direct-to-consumer via a Web-based service and not through traditional cable or satellite companies, sources said.
Clippers games are now aired to roughly 5 million Los Angeles-area homes through Fox Sports' Prime Ticket regional sports network in a deal that runs through the 2015-16 season.
Prime Ticket's exclusive negotiating window with the Clippers expired in June, per Atkinson, meaning Ballmer is allowed to explore all opportunities. Atkinson reports some people believe the Clippers owner is using the hypothetical streaming s ...
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Article written by Adam Wells
Steve Ballmer Reportedly Rejects $60 Million TV Deal to Plan Streaming Network
August 28th, 2015 by Adam Wells Leave a reply »
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