RE: unless Texas gives in
Posted on: July 25, 2016 at 09:26:15 CT
CPA MU
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Contracts can be renegotiated or terminated with buyouts. At some point IMO ESPN tells ut it can't go on. If the LHN folds into B12N, then ut presumably makes up for part of the lost revenue with its share of B12N . . .and ESPN perhaps can buy out the balance.
I doubt we see the LHN survive its contract term. And if I was ESPN, I'd scale back my coverage of ut overall until texas sees the light.