I wonder if the deal will involve an increased equity stake for the Lerner in MASN, in lieu of an even higher rights fee.
Angelos will argue worst ratings in sports for the Nats.
I could see a deal where the Nats get an extra 10% of MASN and maybe closer to $40MM in rights fees over the next 5 years. If the ratings then go up, the fee goes up in the next round. This would make MASN more valuable and give the ownership a larger chunk of that value, at the expense of direct team revenues.
