And they paid very handsomely for rights to broadcast various sports. Probably overpaid.
Correct. Including being the exclusive host of the NFL Draft which is a major, major event. And then, gave half of it away to the NFL Network. They’re still a “Sports Monopoly” of sorts with a lot of value. Every teenage boy I know watches Sports Center whenever possible. They just need to re-tool and I think they will. These layoffs are an unexpected first step. And besides.... Trent Dilfer sucks.