ESPN is about to lay off hundreds of employees, and the boom time for rights deals may be over. What does that mean for the future of BYU's deal with ESPN?
ESPN is still the unquestioned leader in sports broadcasting and news, but that doesn't mean they're immune from changing economic times. Rumors that the Worldwide Leader would need to cut budgets circled all summer, and now, it seems that it's become a reality, as the company is expected to layoff hundreds of employees as soon as today. Per The Big Lead, ESPN has been asked to trim $100 million from the 2016 budget and $250 million from the 2017 budget.