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Lakers Get 3 Billion

February 16, 2011 By: Katchop Category: NBA

The Los Angeles Lakers signed a cable TV deal that will pay them 3 billion dollars.

A 3 Billion dollar deal with Time Warner means the Lakers can finally start printing their own money.

A 3 Billion dollar deal with Time Warner means the Lakers can finally start printing their own money.

From The LA Times

Terms of the deal were not disclosed. Under its current deal with Fox Sports West, the Lakers were getting about $30 million a year in rights fees, people familiar with the situation said. Some industry observers pegged the 20-year pact at a value of $3 billion, a figure dismissed by Time Warner Cable.

In a statement, Fox Sports said it had made the Lakers an offer that “would have paid them one of the highest local TV rights fees in professional sports.  We did not believe that going higher was in the best interest of our business or pay TV customers in Los Angeles, who will bear the cost of this deal for years to come.

Original Photos indiatone, realclearsports, famouswonders

3 Comments to “Lakers Get 3 Billion”


  1. i hate the freakin lakers rapers

    1
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