Los Angeles Business Journal

Yankees TV Deal Bodes Well for Dodgers

Wednesday, November 21, 2012

In another sign that TV sports rights are the hottest game around, News Corp. plans to pay an estimated $1.47 billion for a 49 percent stake in the regional network that provides local broadcasts of New York Yankees games. The Los Angeles Times reports that such deals are a big reason why the L.A. Dodgers' new owners paid $2.1 billion to buy the franchise earlier this year.