Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Dodgers’ TV Network Will Be Approved, Baseball COO Manfred Says

Major League Baseball is close to approving the Los Angeles Dodgers’ planned regional sports network in time for next season, preserving a major part of the record purchase of the club.

“That process is at a point where it’s pretty clear there will be approval of the Dodgers’ arrangement well before the 2014 season starts,” baseball’s Chief Operating Officer Rob Manfred said during an interview at the league’s New York headquarters.

Manfred wouldn’t give details on what remained to be cleared by MLB before the network could begin operation.

The Dodgers and Time Warner Cable Inc. said in January that they would create SportsNet LA to televise the team’s games.

The Guggenheim Partners-owned Dodgers will retain full ownership of the network through a subsidiary, American Media Productions. Guggenheim bought the Dodgers at auction from Frank McCourt for a record $2.15 billion.

Time Warner Cable Inc. has a 25-year agreement that allows the company to keep any profit made above undisclosed guaranteed payments to Guggenheim after network costs and revenue-sharing obligations to MLB.

The New York Post, citing people it didn’t identify, said in March that Guggenheim could lose as much as $1 billion to baseball’s revenue-sharing plan because of the way the deal was structured.

The first payment from Time Warner is scheduled for January. Payments would continue until 2038, stopping only in the event of a baseball labor dispute, according to the terms of the agreement.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.