You are using an older browser version. Please use a supported version for the best MSN experience.

Top Stories

ESPN President John Skipper Agrees to Contract Extension Through 2021

The Big Lead logo The Big Lead 5 days ago Ryan Glasspiegel
ESPN President John Skipper Agrees to Contract Extension Through 2021: SUN VALLEY, ID - JULY 5: John Skipper, president of ESPN Inc., attends the annual Allen & Company Sun Valley Conference, July 5, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference. © Getty Images SUN VALLEY, ID - JULY 5: John Skipper, president of ESPN Inc., attends the annual Allen & Company Sun Valley Conference, July 5, 2016 in Sun Valley, Idaho. Every July, some of the world's most wealthy and powerful businesspeople from the media, finance, technology and political spheres converge at the Sun Valley Resort for the exclusive weeklong conference.

John Skipper has agreed to a contract extension with Disney to remain president of ESPN through 2021, The Big Lead has learned from a person with knowledge of the news. Unauthorized to speak publicly on the matter, the person requested anonymity. An ESPN spokesperson declined to comment.

Skipper has been ESPN's president since New Year's Day of 2012, and been with the company since 1997 when he started at ESPN the Magazine as VP and general manager. In 2015, Skipper signed a contract extension through 2018.

After two-plus decades of astounding prosperity, ESPN has had a tumultuous last couple years. Some developments have been largely out of the company's control. Live rights for sports have skyrocketed, and ESPN has lost over 13 million subscribers since its peak of over 100 million. That is not dramatically more subscriber losses than other standard-bearers in the cable industry, but it affects ESPN's business model disproportionately because of its comparatively high monthly fees in large part due to enormous college and professional rights. There have also been some self-inflicted wounds.

ESPN had one round of about 300 behind-the-scenes layoffs in 2015, a round of about 100 front-facing layoffs earlier this year, and reportedly has another round of about 100 employee layoffs coming before the end of 2017.

Nevertheless, parent company Disney is sending a signal that it stands behind Skipper as the leader to navigate ESPN through these turbulent times.

MORE:

McGregor apologizes for fiasco, blasts ref's 'horrendous decision'

The NYC subway passenger who pushed LeBron James' phone away tells his side of the story

Boomer Esiason: Martellus Bennett is living a lie

LeBron James takes veiled shot at Kyrie Irving: “It’s been a while” since he’s had a playmaking scorer with him

At this point, why keep playing Andy Dalton over AJ McCarron?

AdChoices
AdChoices

MORE FROM THE BIG LEAD

image beaconimage beaconimage beacon