Author Topic: WP: Nats MASN deal renegotations will have a huge impact (Read 251510 times)

Mathguy · « **Reply #1175 on:** October 11, 2014, 04:32:51 am »

A NY court room is heating up

http://www.washingtonpost.com/blogs/nationals-journal/wp/2014/10/10/under-mlbs-ruling-masn-would-owe-the-nationals-300-million-in-rights-fees/

MarquisDeSade · « **Reply #1176 on:** October 11, 2014, 09:33:44 am »

Any delusions of $100+M back payments are just that. If you really think bankrupting MASN is going to open up payroll you're delusional. The second some needledick non sports fan in DC figures out that their cable bill went up $4 for CSN/whatever werthless RSN the Nats get put on you can go ahead and send in the clowns and declare the RSN bubble dead.

Jordanz Meatballz · « **Reply #1177 on:** October 11, 2014, 09:51:53 am »

I'm pretty sure MASN can't ignore 300 million in obligations if a court rules they have to pay it.

MarquisDeSade · « **Reply #1178 on:** October 11, 2014, 09:53:40 am »

Sure, they can always declare bankruptcy that afternoon too.

MarquisDeSade · « **Reply #1179 on:** October 11, 2014, 10:09:24 am »

If in Peter Angelos I'm going to appeal any decision not in my favour until the RSN bubble pops. That's when the real fun will begin.

Mathguy · « **Reply #1180 on:** October 11, 2014, 10:19:07 am »

That could be the best action possible for the Nats, for that would end MASN's financial noose around the Nats neck and end the domination of MASN as TV provider.

Quote from: MarquisDeSade on October 11, 2014, 09:53:40 am

Sure, they can always declare bankruptcy that afternoon too.

DPMOmaha · « **Reply #1181 on:** October 11, 2014, 10:49:24 am »

But if MASN goes bankrupt, then that puts the Nats rights on the open market, which is what they want, right?

spidernat · « **Reply #1182 on:** October 11, 2014, 12:42:28 pm »

Quote from: MarquisDeSade on October 11, 2014, 09:33:44 am

If you really think bankrupting MASN is going to open up payroll you're delusional.

That's going straight into Lerner pockets.

HalfSmokes · « **Reply #1183 on:** October 11, 2014, 12:59:29 pm »

Quote from: MarquisDeSade on October 11, 2014, 09:53:40 am

Sure, they can always declare bankruptcy that afternoon too.

With the Nat's as their largest creditor, great, I'm sure angelos would love the nats heading the creditors committee

HalfSmokes · « **Reply #1184 on:** October 11, 2014, 01:00:22 pm »

Quote from: MarquisDeSade on October 11, 2014, 10:09:24 am

If in Peter Angelos I'm going to appeal any decision not in my favour until the RSN bubble pops. That's when the real fun will begin.

At post judgment interest rates? I'm sure the Lerner's would be fine with that

JCA-CrystalCity · « **Reply #1185 on:** October 11, 2014, 02:03:55 pm »

Quote from: HalfSmokes on October 11, 2014, 12:59:29 pm

With the Nat's as their largest creditor, great, I'm sure angelos would love the nats heading the creditors committee

well, the Os would also be a creditor for the same amount as the Nats because under the terms of the deal, don't they get the same rights fee?

HalfSmokes · « **Reply #1186 on:** October 11, 2014, 02:34:54 pm »

Quote from: JCA-CrystalCity on October 11, 2014, 02:03:55 pm

well, the Os would also be a creditor for the same amount as the Nats because under the terms of the deal, don't they get the same rights fee?

Wouldnt the interest be different, I.e. one would be nominal, the other would be the result of a judgment? That wouldnt be an insignifigant amount

MarquisDeSade · « **Reply #1187 on:** October 11, 2014, 02:38:54 pm »

Quote from: HalfSmokes on October 11, 2014, 01:00:22 pm

At post judgment interest rates? I'm sure the Lerner's would be fine with that

I'm sure the shareholders at Enron feel the same way.

HalfSmokes · « **Reply #1188 on:** October 11, 2014, 02:56:45 pm »

Unlike Enron, masn has assets

NatsDad14 · « **Reply #1189 on:** October 11, 2014, 02:59:26 pm »

Quote from: HalfSmokes on October 11, 2014, 02:56:45 pm

Unlike Enron, masn has assets

Really? How much value is Phil Wood and Ray Knight going to generate during the asset firesale?

MarquisDeSade · « **Reply #1190 on:** October 11, 2014, 03:09:58 pm »

Quote from: HalfSmokes on October 11, 2014, 02:56:45 pm

Unlike Enron, masn has assets

Sure, the carriage rights which just as easily could be werth little when the RSN bubble pops. I'm not really sure why everyone is so hot on the Lerners "winning" this, it's just more money to pay down the debt on the team. Besides, even if they did reinvest some of that money into the team they'd end up pissing away on another Zimmerman signing.

JCA-CrystalCity · « **Reply #1191 on:** October 11, 2014, 03:27:41 pm »

Quote from: MarquisDeSade on October 11, 2014, 03:09:58 pm

if they did reinvest some of that money into the team they'd end up pissing away on another Zimmermann signing.

then I'd be happy

spidernat · « **Reply #1192 on:** October 11, 2014, 03:39:35 pm »

Quote from: MarquisDeSade on October 11, 2014, 03:09:58 pm

Besides, even if they did reinvest some of that money into the team they'd end up pissing away on another Zimmerman signing.

I remember all the fanbois were ready to burn the town because they wouldn't extend Zimmerman for life before it was even necessary.

Slateman · « **Reply #1193 on:** October 11, 2014, 04:10:39 pm »

More non-news

KnorrForYourMoney · « **Reply #1194 on:** October 11, 2014, 04:34:24 pm »

Quote from: GMUNat on October 11, 2014, 02:59:26 pm

Really? How much value is Phil Wood and Ray Knight going to generate during the asset firesale?

monkeyhit · « **Reply #1195 on:** October 11, 2014, 05:10:03 pm »

How much do FP and Bob make? Fire them and hire good-looking cheerleaders.

PC · « **Reply #1196 on:** October 11, 2014, 05:28:05 pm »

If MASN goes bankrupt then the Orioles don't have a network because CSN would rather have the Nationals. Perhaps Angelos can start his own network just for the Orioles?

spidernat · « **Reply #1197 on:** October 11, 2014, 06:58:25 pm »

Quote from: PC on October 11, 2014, 05:28:05 pm

If MASN goes bankrupt then the Orioles don't have a network because CSN would rather have the Nationals.

Do you really think that would be the case?

BigMeech · « **Reply #1198 on:** October 11, 2014, 07:05:25 pm »

Can't imagine a network preferring a team with Nelson Cruz and Bud Norris over one with Bryce Harper and Stephen Strasburg.

PC · « **Reply #1199 on:** October 11, 2014, 07:16:19 pm »

Quote from: spidernat on October 11, 2014, 06:58:25 pm

Do you really think that would be the case?

What? CSN preferring the Nationals? Absolutely.

It's a bigger market. It would complete their menu of Washington pro sports teams and I assume they'd treat the Nationals as an asset rather than as a burden like MASN does.