Court confirms market value of the Nationals’ rights in MASN case

  • 📰 washingtonpost
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

The New York State Court of Appeals confirmed the fair market value of the Washington Nationals’ television rights Tuesday, a step that will help the team collect tens of millions of dollars in missing rights fees

New York’s highest court found the Mid-Atlantic Sports Network, which is controlled by the Baltimore Orioles, has no right to take the dispute over $100 million in missing rights fees payments from 2012 to 2016 to an independent arbitrator, as it had been seeking. The court did not compel payment of the money immediately, and the sides must continue negotiating over the amount to be paid to the Nationals.

The Nationals will not be paid immediately. The team and MASN are likely to go before an arbitrator, who will determine the exact amount the Nationals are owed. It could end up being less than $100 million because of profit disbursements the network already has made to the team.in front of a panel of judges in Albany. MASN argued that the dispute should be heard by an independent arbitrator because MLB was biased in favor of the Nationals, but the court rejected that argument.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 95. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Supreme court declines oil companies' request to shift climate suits to federal courtThe U.S. Supreme Court declined Monday to hear arguments from oil companies on why a...
مصدر: HoustonChron - 🏆 609. / 51 اقرأ أكثر »