eli5 how do TV channels recoup money from sports deal?

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Networks pay billions to broadcast sports. How do they recoup those costs? Especially knowing all the expenses they have with hosts camera crew etc

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Anonymous 0 Comments

In additions to ads, cable networks (ESPN, TNT, Regional Sport Networks) make money from fees charged to cable or satellite providers to carry their network. Everyone with a cable package is paying ESPN whether they watch it or not. That ads up.

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