According to Forbes.com, based on estimations of the L.A. Clippers current television rights deal coming to an end, the Clipper’s owner can cash in to the tune of $200 million. A source, who requested anonymity because he may be involved in the sale of the team, thinks the team can get $75 million for their local television rights, using the $180 million a year average the Los Angeles Lakers are getting from TWC, as an example, Forbes reports.
Chris Bevilacqua, co-founder of Bevilacqua Helfant Ventures, a media and other commercial rights advisory services company,¬†thinks the Clippers could get triple their current television rights fee in part because of the “competitive dynamics”¬†that exist in the Los Angeles market with the many media properties vying for the teams business. “The Clippers deal will be a tipping point in that market for whomever loses,” says Bevilacqua in the Forbes article.
This deal could potentially add $200 million more to the pockets of recently banned for life owner, Donald Sterling. The NBA owners are currently in talks to take a vote to make Sterling sell his stakes in the L.A. Clippers.