Colin Cowherd on ESPN layoffs: 'It will happen annually for the next decade'

Colin Cowherd just went to war with sports fans in Philadelphia.

Collin Cowherd left ESPN in 2015 after 12 years with the company.

In light of Wednesday's massive layoffs, the Fox Sports personality shared his thoughts on the tough situation at his former employer during an interview on Cleveland's 92.3 The Fan.

(Cowherd talks about the ESPN layoffs around the 13-minute mark.)

MORE: Updated list of biggest names laid off at ESPN

"Years ago when I used to work at ESPN they signed an NBA contract," said Cowherd. "And ESPN was paying the NBA $400 million a year. It was reported as I drove to work that day, they [ESPN] had signed with the NBA for $1.4 billion."

It was that day that Cowherd said he realized ESPN would never be the same and started looking for another job.

"You cannot pay four times for the house what you paid for the house last year," said Cowherd.

Cowherd said he doesn't expect things to get better for ESPN.

"It's awful," said Cowherd. "It will happen annually for the next decade."

Cowherd said ESPN has overpaid for products compared to Fox Sports.

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