The impact of the RSN implosion is being felt far beyond the small-market teams. As an example, look no further than the St. Louis Cardinals, who have lost 50% of their local media rights revenue in two years! Local media rights for St. Louis Cardinals: 1) 2024 - $80M 2) 2025 - $60M (↓ 25%) 3) 2026 - $40M (↓ 33%) Under the old system, networks took the financial risk. Now the teams do. Big-market teams keep cashing guaranteed checks. Everyone else watches revenue shrink with no floor in sight. Read the full post: https://screenwa.rs/f65418
