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Sinclair Broadcast Extends COO’s Employment Agreement

Story Highlights
  • Sinclair Television Group amended the employment agreement with COO Robert Weisbord, extending his term to 2027.
  • The amendment includes a $1,000,000 base salary and a $5,000,000 longevity bonus, highlighting Sinclair’s leadership retention strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sinclair Broadcast Extends COO’s Employment Agreement

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Sinclair Broadcast ( (SBGI) ) has shared an announcement.

On September 19, 2025, Sinclair Television Group, a subsidiary of Sinclair, Inc., announced an amendment to the employment agreement with Robert Weisbord, Chief Operating Officer and President of Broadcast. The amendment, effective retroactively from January 1, 2025, extends Mr. Weisbord’s employment term until December 31, 2027, with options for further extension. His annual base salary is set at $1,000,000, with eligibility for various bonuses and stock grants. A notable feature is a one-time special longevity bonus of $5,000,000, payable in 2027, contingent on his continued employment or termination without cause. This amendment reflects Sinclair’s commitment to retaining key leadership and could have implications for its operational stability and strategic direction.

The most recent analyst rating on (SBGI) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on Sinclair Broadcast stock, see the SBGI Stock Forecast page.

Spark’s Take on SBGI Stock

According to Spark, TipRanks’ AI Analyst, SBGI is a Neutral.

Sinclair Broadcast’s overall score reflects a mix of strengths and challenges. The most significant factors include strong cash flow generation and attractive valuation metrics, offset by high leverage and declining revenues. Positive earnings call sentiment and strategic initiatives provide some optimism, but technical indicators suggest caution.

To see Spark’s full report on SBGI stock, click here.

More about Sinclair Broadcast

Sinclair Broadcast Group, Inc. operates in the broadcasting industry, primarily focusing on television broadcasting services. It is known for its extensive network of television stations across the United States, providing news, sports, and entertainment content to a wide audience.

Average Trading Volume: 528,844

Technical Sentiment Signal: Buy

Current Market Cap: $984.1M

For detailed information about SBGI stock, go to TipRanks’ Stock Analysis page.

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