nelsonmuntz
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You are forgetting a simple basic rule: 2 parties can "allow" a contract to re-open. The clause gives leverage. But, I think there are compelling reasons for ESPN and/or a conference to simply morph into a new paradigm. The fact that the BE has the "next" contract that comes open ... gives me little to no confidence that we are OK.
What leverage? Even if ESPN reopens the deal, they would never let another network enter the picture, so the deal becomes a bilateral negotiation without competition. How do those typically work out?