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.