WTCG-TV owner Ted Turner obtains 100% of the Atlanta Braves for $12 million

On January 14, 1976 — WTCG-TV owner Ted Turner obtains 100% of the Atlanta Braves for $12 million. ‘Captain Ted’ purchases the club to provide sports programming for his local channel 17, but when the FCC permits the station to use a satellite in December to broadcast shows on cable networks, the franchise, now available to be viewed by millions of subscribers, will become known as America’s Team.

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