A new contender has surfaced in the crowded field vying to acquire the 21 regional sports networks that Disney is selling in connection with its Fox acquisition.
The New York Post reports that comedian-turned-media mogul Byron Allen is now a player in the bidding.
“Allen, 58, is joining forces with conservative TV broadcasting company Sinclair Broadcast Group to bid on the regional sports networks, or RSNs, which own the rights to broadcast professional baseball, hockey and basketball games from Atlanta to Los Angeles,” The Post reports.
The report adds: “The channels are expected to fetch some $9 billion — and have already attracted offers from Ice Cube’s 3-on-3 pro basketball league Big3 in a bid being backed by stars such as LL Cool J, ‘Magic’ Johnson, Serena Williams, as well as from a group that includes Atlanta Braves owner Liberty Media.”
Amazon and billionaire brothers David and Charles Koch have also been rumored to be among the potential backers of a Sinclair bid.
“As it stands, Allen — owner of The Weather Channel and Entertainment Studios, the distributor of ‘Chappaquiddick’ — is Sinclair’s only partner, sources told The Post,” the paper reports, quoting a source who’s familiar with the Sinclair-Allen bid saying: “It’s all about capital and content. These partners have both, and they’re good to go.”