Aug 28, 2012, 9:33 AM EDT
We talked about lucrative local TV rights yesterday. Let’s talk national: ESPN just agreed to pay Major League Baseball nearly double what it’s paying now to keep baseball rights through 2021:
ESPN has agreed to a deal that locks down MLB rights into the next decade, according to several sources. The eight-year deal is worth $5.6B (an average of $700M per year), approximately doubling the nearly $306M ESPN currently pays MLB every year for domestic TV rights.
That includes digital, radio and, for the first time, the playoffs: one wild card game. Otherwise the deal is basically the same: Sunday Night Baseball and Monday and Wednesday night games.
The current deals with ESPN, Fox and TBS are in place through the end of the 2013 season. As the New York Times reported in July, there is a frenzy afoot, with those three outlets still wanting to keep their games, plus NBC wanting to get in on the action. Clearly those remaining will be in frenzied bidding for the Saturday and Sunday afternoon games, the postseason and any other national products that may be added over and above what exists now.
That’s a recipe for skyrocketing rights fees. And we just saw the first rocket launched.
UPDATE: Putting this money in perspective. Short version: windfall.
May 6, 2015, 10:15 AM EDT
Two years ago Hochevar a 1.92 ERA and 82/17 K/BB ratio in 70 innings.
May 6, 2015, 9:36 AM EDT
In my day we called it a benching.
May 6, 2015, 9:01 AM EDT
A new report on the incident suggests that the umpire was just as much an aggressor as Jacoby was.
May 6, 2015, 8:39 AM EDT
We should hear about Verlander’s status sometime today.
May 6, 2015, 7:04 AM EDT
This is easily the most photo and video-heavy ATH of all time. Mostly because pitchers did things with bats and teams wore throwbacks last night.
May 5, 2015, 11:46 PM EDT
The 32-year-old righty is expected to be out 6-8 weeks.
May 5, 2015, 11:00 PM EDT
George Springer has been robbing opponents all season, and he did it again Tuesday night …
May 5, 2015, 10:22 PM EDT
Some very good news here for the Marlins …
May 5, 2015, 9:15 PM EDT
Mesoraco is still unable to squat and acknowledged to John Fay of the Cincinnati Enquirer on Tuesday that he might need surgery to get over the injury — a surgery that would come with a four-month rehab.
May 5, 2015, 8:29 PM EDT
Frazier’s last five hits have been home runs and he has now leapfrogged Dodgers first baseman Adrian Gonzalez for the National League lead in that category (at nine total).
May 5, 2015, 7:47 PM EDT
He’ll be on a pitch count in his first game back, but if the outing goes well and Lyons struggles there will probably be strong consideration given to promoting Gonzales late next week.
May 5, 2015, 7:03 PM EDT
The 30-year-old righty was looking like a tremendous offseason find for the Padres on a one-year, $2.5 million free agent deal.
May 5, 2015, 6:18 PM EDT
It’s an awful situation for the Rays, who are off to a surprising 14-12 start this season. Cobb, 27, boasts a 2.82 ERA, 1.14 WHIP, and 8.2 K/9 over his last 309 2/3 innings.
May 5, 2015, 5:05 PM EDT
Kansas City’s bullpen has an MLB-best 1.00 ERA this season.
May 5, 2015, 4:22 PM EDT
Nick Swisher has made it back from a pair of knee surgeries.
May 5, 2015, 2:32 PM EDT
As far as silly injuries go slicing your hand open while reaching for some shampoo in the shower is pretty bad.
May 5, 2015, 1:30 PM EDT
It’s just “informed speculation” at the moment. But the speculator tends to be pretty well-informed.
May 5, 2015, 1:00 PM EDT
Speedy trials, my foot.
May 5, 2015, 12:30 PM EDT
Pedro Martinez says his Red Sox teams led the league in hugs, handshakes and bad hair. Sounds like they led the league in being buck naked too.
May 5, 2015, 12:25 PM EDT
Miami cut Saltalamacchia loose with about $15 million remaining on a three-year, $21 million deal signed last offseason.
- Brook Jacoby and umpire Doug Eddings were in a “loud, obscenity-laced, nose-to-nose exchange” 4
- And That Happened: Tuesday’s scores and highlights 101
- Devin Mesoraco could need hip surgery 3
- Alex Cobb confirmed to have elbow ligament tear 13
- Royals expected to get closer Greg Holland back tomorrow 3
- Madison Bumgarner threw his fastest pitch since 2010 9
- And That Happened: Monday’s scores and highlights 58
- Rangers snap Astros’ 10-game winning streak 7
- Torii Hunter doesn’t care what Floyd Mayweather has done outside of the boxing ring (140)
- Buck Showalter had some wise words about what’s happening in Baltimore (123)
- And That Happened: Tuesday’s scores and highlights (107)
- Some anti-DH counterpoints (102)
- And That Happened: Tuesday’s scores and highlights (98)