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Jim Baker: Big Loss For TNT & NBC
NBC, TNT could net
big NBA loss
by Jim Baker
Boston Herald
10/30/98
Neither Turner nor
NBC is yet
pressing the panic
button over the
NBA lockout that
already wiped out
all 16 TNT and TBS
November games and
threatens far
more.
But when you're
committed to full
payments for new
four-year deals of
$1.75 billion
(NBC) and $890
million (Turner),
panic can't be far
away.
If the whole NBA
slate is wiped
out, Turner and
the Peacock would
be out close to
$500 million for
this season in
their staggered
deals. And the
loss of cable
revenue figures to
cost NBA teams at
least $100
million.
NBC officials
aren't uptight
because their
first game isn't
until Christmas
and the next is
Jan. 6. TNT was to
open next Tuesday
night with
Celtics-Knicks,
but that's out in
favor of wrestling
and the movie
"Rain Man." Turner
isn't panicking
because such games
can be made up,
the network
already owns the
replacement
programming and
has no cost to
produce a game.
Kevin O'Malley,
Turner's senior
programming vice
president, said
the networks were
vulnerable
"because this
league had never
lost a game and
were it not for
the hair-brained
(players') idea to
litigate, the
process wouldn't
have been set back
three months. ESPN
offered more money
than we did for
three NBA nights
and if NBC hadn't
agreed (to pay for
no play),
certainly Fox
would have."
Turner is
approaching its
15th NBA season
(with an 80-game
slate), NBC its
ninth. The Peacock
more than doubled
its NBA rights fee
from $750 million
to $1.75 billion
for four more
years.
Fox Sports Net is
also impacted with
local-market
rights to 26 NBA
teams, including
the Celtics. It's
already lost 141
games to the
lockout and has
arranged for
replacement
programming with
at least one NBA
classic game a
week plus five
from baseball's
All-Star series in
Japan with Nomar
Garciaparra and
Sammy Sosa.
(Garciaparra is a
finalist in the
Players Choice
Awards on ESPN at
9 tonight.)
Fox Sports New
England will have
Celtic classics
the next three
Wednesday nights
at 7 starting with
Larry Bird's
team-record
60-point game
against Atlanta in
New Orleans on
March 12, 1985.
FSNE's first Japan
tour game is Nov.
12.
WEEI, the Celtics'
radio flagship,
will fill with
Celtic classics
and has arranged
to replace some
C's action with
Boston College
hockey. <snip>