1960 TV

Looking at teams’ broadcast deals from 1961

4 Comments

Larry Granillo has an interesting item up over at Baseball Nation today: a look at the broadcast rights fees paid to teams in 1961. Those familiar with Larry’s work know that he’s great at finding old gems in old magazines and stuff, and his finding these rights fees — which he stumbled across in a March 1961 issue of Sponsor magazine — is one of his better finds.

The high end: the Yankees, who got a combined $900K for TV and radio. The low: the Senators, who got $300K.  Adjusted for inflation that’s a tad over $7 million for the Yankees and a bit over $2.3 million for Washington.  In contrast, the smallest TV rights deal today is probably the Royals who pull in around $20 million or so a year. Go read the article for the whole chart.

Of course, back in 1961 the teams didn’t have to pay their players much money as they were basically indentured servants thanks to the reserve clause, so the owners did just fine, thank you.  They just got a lot more money from the turnstiles than they did from the rabbit ears.

Magic Johnson to take over the Lakers, but will still be part of Dodgers ownership

CHICAGO, IL - OCTOBER 15:  Earvin 'Magic' Johnson attends game one of the National League Championship Series between the Chicago Cubs and the Los Angeles Dodgers at Wrigley Field on October 15, 2016 in Chicago, Illinois.  (Photo by Jonathan Daniel/Getty Images)
Getty Images
Leave a comment

This is more significant for basketball fans than baseball fans, but Magic Johnson is taking over basketball operations for the Los Angeles Lakers. Dan Feldman over at PBT has the full story on that.

For our purposes, you probably know that Johnson is part of the Dodgers ownership group. Anthony McCullough of the L.A. Times got comment from the Dodgers, saying that despite his new full-time job, his status with the Dodgers will be unchanged:

Maybe I’m alone in this, but I’m not entirely certain what Magic does with the Lakers, so the first clause in Kasten’s comment may be doing most of the heavy lifting here.

Matt Wieters is close to signing with the Washington Nationals

NEW YORK, NY - OCTOBER 02: Matt Wieters #32 of the Baltimore Orioles connects on a two-run home run in the fourth inning against the New York Yankees at Yankee Stadium on October 2, 2016 in the Bronx borough of New York City.  (Photo by Mike Stobe/Getty Images)
Getty Images
4 Comments

Jon Heyman reports that the Nationals are closing in on a deal with catcher Matt Wieters. Joel Sherman of the New York Post reports that it’s a two-year deal. UPDATE: Ken Rosenthal reports that the deal is for two years, at $21 million. There is an opt-out for him after year one. He will get $10 million in 2017 and, if he returns in 2018, he’ll get $11 million.

Wieters was not expected to go this long without signing, but his market, which many thought would be robust, never materialized. The Nats had been rumored to be interested for months, but they were apparently waiting to swoop in late and get what one presumes will be a bargain.

Wieters, 30, finished last season hitting .243/.302/.409 with 17 home runs and 66 RBI in 464 plate appearances. The Nationals currently have Derek Norris and Jose Lobaton, so who falls where in the catcher fight in Washington is unclear, but one presumes that Wieters getting a two-year deal puts him at the top of the depth chart.