A bankruptcy judge has given the Los Angeles Dodgers the OK to sell future television rights earlier than their contract with Fox Sports allows, reports Bloomberg.
Judge Kevin Gross overruled Fox’s objection to allowing the team to talk with TV competitors early, the story says. The TV rights might be worth about $100 million annually, a consultant for Fox testified in court, the piece adds.
“Everyone agrees that times are pretty damn good right now and we think it is time to capture it,” Dodgers attorney Bruce Bennett said, according the story. Moving up the negotiations for the TV rights may increase the value of the team, he said, the piece notes.
Fox said it plans to appeal the ruling, and the network and the Dodgers will decide in a few days whether negotiations for a new TV contract can start or if they must wait for the appeal, the story says.