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Sinclair (Bally Sports) Facing Bankruptcy.
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<blockquote data-quote="cpf2001" data-source="post: 932768" data-attributes="member: 6459"><p>To me, the only way this seems like it could go “well” for ACC schools is if it’s the harbinger of the college sports tv money bubble popping and the other conferences whose deals expire sooner get way less than they were hoping in the next round. But even that’s less “good” for us and more just “less bad than we currently expect.”</p><p></p><p>Sinclair borrowing too much to pay too much for sports rights and not being able to recoup it isn’t good for future bidding wars.</p></blockquote><p></p>
[QUOTE="cpf2001, post: 932768, member: 6459"] To me, the only way this seems like it could go “well” for ACC schools is if it’s the harbinger of the college sports tv money bubble popping and the other conferences whose deals expire sooner get way less than they were hoping in the next round. But even that’s less “good” for us and more just “less bad than we currently expect.” Sinclair borrowing too much to pay too much for sports rights and not being able to recoup it isn’t good for future bidding wars. [/QUOTE]
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Sinclair (Bally Sports) Facing Bankruptcy.
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