December 27, 2007

Internet Sports Writers Make Millions

According to this New York Times article, ESPN and Yahoo Sports are paying several writers $150 to $350K a year and some get paid as much as $3 million. ESPN reportedly makes over $3 billion a year of profit for its owner Disney forcing cable companies to pay more than $3 a month per subscriber to get the channel. ESPN.com got 20 million visitors in November and ESPN the magazine has 2 million subscribers. Who knew that sports writers are the new dot.com millionaires.

Can you imagine getting paid to stay at home and watch sports all day. I bet Bill Simmons gets paid over a $1 million to watch sports and write his columns, probably expensing his DirectTV NFL Sunday Ticket bill to ESPN to boot. What a life.