ESPN lays off more than 100 employees; what’s next for the Worldwide Leader in Sports?

Outkick the Coverage’s Clay Travis has been calling for this to happen for years now, noting the guaranteed contracts into the future in the billions of dollars for College Football rights and Monday Night Football, and the recent massive NBA contract with ESPN

Where does sports media go from here? Lots of great journalists were let go, and ESPN is now in a major transition time. FS1 didn’t make it as a true competitor…are the days of these types of networks gone?