And, the NFL also has non-monetary targets. They want to keep the games on broadcast TV to maximize the reach. They are not a niche league like MLS that's willing to be 100% on streaming. The prestige of the NFL is going to keep it out of a purely streaming product as long as there are TV stations broadcasting free over the air
This is a good point and I suspect that was why Apple left the table. There’s no way they’d spend $2B/year (their entire original content spend in 2022 is estimated at 6.5B) to not have it Apple exclusive. Especially when TV+ is a loss leader already.
The NFL isn’t willing to do that. They know they have a unique product so they don’t try to maximize short term revenues by sacrificing long term strength.
Apple has (had?) a deal with Major League Baseball and has a deal with Major League Soccer. I'm not sure that I would consider them to be rubes that don't understand what they are doing.
> The types of changes Apple wanted to do were never, in a billion years, in the cards
That is believable, to the long-term detriment of the NFL. Sometimes, when you are the top dog, you don't realize that things are changing until you suddenly aren't on top anymore.
Neither of those leagues are the NFL, which has the audience to command a lot more than MLB or MLS. Also, the three leagues in question all have very different strategies when it comes to media rights. MLB has sliced up different packages of games for a very long time, and their deal with Apple is more akin to ESPN Sunday Night Baseball than it is anything resembling NFL Sunday Ticket
>That is believable, to the long-term detriment of the NFL. Sometimes, when you are the top dog, you don't realize that things are changing until you suddenly aren't on top anymore.
They would have to give up billions (in the range of $4-5b a year) to regain the flexibility to offer Apple the terms Apple wanted. I don't think Apple would've been interested in replacing that revenue
So yeah, this is probably not the year to be signing a deal with Apple.
A different comment says that this deal is smaller than what the NFL wanted. You should pay attention to that. The decline is probably already happening.
Anecdotally, I know a lot of people that stopped caring so much about the NFL during the pandemic. Including the biggest football fan I know, who put his kids' names on the Packers season ticket list when they were born, and owns a share of Packers stock.
My own team, the Bears, have completely lost my interest. They've been fighting with the city of Chicago for as long as pretty much anyone can remember, have a clueless and unaccountable ownership, and are now going to move out of Soldier Field for some crazy football village they are going to build in the suburbs. And for the most part, people in Chicago feel like "fine, you were never going to be happy, build your own stadium and then you'll only have yourselves to blame when you hate it". Individual teams and the league as a whole are squandering the goodwill they've built up. But right now, the $$$$ is still too big to notice. Come back in 10 years and see if that's still the case.
The deal Apple actually needs is NWSL, not the NFL.
There is no way that is going to happen. It was always a bluff. Lightfoot practically called them out on it as well.
But none of those things Lightfoot offered are really possible. The Park District has contracts with two sports teams ;) The one that would get the short end of any changes is owned by a person [1] that is probably wealthier, lives in the city, has his business in the city, has moved everything that the team does to inside the city, etc. While the Bears do everything in the suburbs except play.
The Bears are going to get state subsidies to build out Arlington Park, you should probably prepare yourself for that. Oh, and the long-stalled extension of IL-53 will probably get built so there is a direct route from Lake Forest.
Personally, I am strongly against public subsidies of private billion dollar sports clubs. The analyses I have seen is that, at best, a city will break even on the extra revenue vs stadium+extra expenses.
The NFL's contracts with CBS and Fox require that NFLST have a minimum price in the $300 a year range, in an effort to protect the local audience of CBS and Fox affiliates
Additionally, I think Apple wanted to do unique things with the broadcasts and might have even wanted to produce it themselves, but Sunday Ticket is literally just rebroadcasting the Fox and CBS productions of the games
It wasn't as much about the NFL just expecting to get its way, Apple was also kind of over-expecting on their end too and not understanding the thing they were bidding on. The types of changes Apple wanted to do were never, in a billion years, in the cards