ESPN has been the biggest spender in television entertainment for several years now. With an average of $7.3 billion budgeted every year, they continually outspend other networks by a large margin. Buying the rights to things like Monday Night Football and NBA and MLB games, it makes sense that the network has to spend big to maintain rights to this programming. Live sports are expensive, and ESPN is, at least now, the leader in sports broadcasting. But as far as budgets go, Netflix is catching up fast, and will almost certainly surpass ESPN in 2018.
ESPN, one of the most recognizable names in sports entertainment, has had a rough year, with millions dropping their subscriptions and a massive layoff of some of their top talent.
Netflix, on the other hand, one of the most popular services in the world, just hit a major milestone: 100 million subscribers as of earlier this year.
Own a professional sports team?
Neither do we.
But we wanted to see what the average values are of each league. We pulled data from Forbes, who tracks sport teams valuations, and ran the averages for each team. It should come as no surprise that the NFL is atop the list, with the league growing its audience over the past decade. We were a little surprised to see MLB second on the list.
Monday Night Football remains one of the most watched television programs of the week, and of course dominates the Monday night time slot its in.
However, just because this strong positioning remains, doesn’t necessarily mean things are going great for the network its hosted on. Earlier this week, there were reports that Nielsen showed a 600,000 subscriber drop for ESPN, one of the biggest yet.
Baseball has found itself in a bit of a lull most seasons, but every playoff season always seems to breathe some life into the sport.
The 2016 World Series was one of the most anticipated match ups in recent memory, with seemingly most of the country watching in hopes that the Chicago Cubs could break the curse. The team had not, until last night, won a World Series since the early 1900s.
Everyone has been reporting on Nielsen’s latest numbers suggesting that ESPN has lost over 600,000 subscribers.
Citing things like the rise of cord cutting, a decline in quality programming, and the NFL’s decreasing rankings, there were plenty of reasons to believe that these numbers were accurate.
Welcome to the new Sports Facts website. We’re happy to now be able to publish research online and provide insights and interesting data journalism in the sports industry.
On this new site, we will continue to cover the data behind the major sports leagues, including the NFL, MLB, NBA, NHL, college sports, among many others, bringing you interesting stories told by numbers.