Cable companies have to pay content providers like Disney and Viacom for each channel provided for you to watch. Then, cable companies bundle all of those channels together in the form of expensive cable packages or tiers to pass along those costs to you. But, not all channels are created equal. In fact, there's one channel out there that costs cable companies over 4,000% more per viewer than the average channel!
So, which channel is bloating your bill? That would be the worldwide leader in sports, ESPN. On average, cable companies are paying $6.04 a month per viewer for the channel. That's an insanely high price when you consider the average channel costs just $0.14 per subscriber every month. If your cable company bundles ESPN with ESPN 2 like most do, your total could be nearly $7 a month.
That could be pretty tough news if you're not a sports fan because that means the single largest bulk of your cable bill is paying for channels you probably don't even use. That's why I suggest cutting the cord on cable altogether. The lack of sports packages available to cord cutters is what keeps a lot of fans from making the switch. But, if you're not a sports person, then getting rid of that expensive cable bill is a no-brainer. You can find most of the entertainment you want through streaming services on these media players!
But, ESPN isn't the only channel adding big bucks to your bill. There are other expensive channels out there that you might not even know exist.