Major League baseball television contracts are contracts negotiated between television networks and the MLB Association. Networks pay large sums of money for the contractual rights to air baseball games on both broadcast and cable television. Some networks have exclusive rights, while other television deals allow different networks to alternate game broadcasts. Teams are paid for the deal, and they also regularly get a percentage of the profit made from airing the games, such as advertising revenues. Baseball television contracts are also used to secure deals for pay per view baseball events. Networks and broadcasters pay millions of dollars to secure baseball television contracts, and have suffered serious financial losses in the past due to the large price tag that comes with securing broadcasting rights. The negotiation of Major League baseball television contracts is directed by the Commissioner of Baseball, who as of 2009 is Bud Selig, the former owner of the Milwaukee Brewers.