Channel ten went bust and nine got the tv rights for peanutsIt may have been that way for the fans but the league itself wasn't making enough money.
At one stage there were no media companies bidding for the arl rights except channel 9. That's how tight it was back then. Inevitably, they got a pittance from Packer. The league was doing it tough.
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Then Arko and Quayle stupidly gave packer the pay tv rights for a dollar to keep Murdoch out of rugby league and we know what he did in response to that