Pat McAfee has spoken out about the backlash following his massive ESPN contract while the network simultaneously executes layoffs.
“We do our thing. We enjoy ourselves. And we never blink… Basement, box truck, world stoppage.. you name it.. the show rolls on.
Back-of-the-envelope math reveals this loss of subscribers adds up to several billion dollars in less revenue per year.At the same time, rights fees for live sports are headed upwards, and ESPN’s parent company Disney’s foray into streaming has also been a costly endeavor. If ESPN can leverage McAfee’s considerable social media and YouTube presence to sell major sponsorships, which the network believes it can, then he could generate profits for the company, and thus theoretically help save a modest amount of jobs.which is about to make a major push into sports gambling
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