Leagues Safe If Sirius Goes Bankrupt

Feb 12, 2009  •  Post A Comment

Major League Baseball and the National Football League may have protected themselves from a possible bankruptcy of Sirius XM Satellite Radio by arranging to have future payments placed in an escrow account, the New York Times says. Sirius has put away $85 million to pay off the NFL and $120 million for baseball, the paper says.
—Jon Lafayette

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