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.
Jul 28, 2015, 8:40 PM EDT
Hamels would join Dallas Keuchel and Scott Kazmir in an excellent, postseason-ready Astros rotation.
Jul 28, 2015, 7:47 PM EDT
Angels center fielder Mike Trout went 4-for-4 with two homers and five RBI in Sunday’s series finale against the Rangers, but he also suffered a left wrist injury in that game when he tried to make a diving catch …
Jul 28, 2015, 6:54 PM EDT
In a span of about 10 minutes the Angels landed two outfielders …
Jul 28, 2015, 6:30 PM EDT
This time it’s for both Stanozolol and Boldenone.
Jul 28, 2015, 6:16 PM EDT
Papelbon owns a sparkling 1.59 ERA and 40/8 K/BB ratio in 39 2/3 innings this season for the Phillies, and he’s 17-for-17 in save opportunities.
Jul 28, 2015, 4:30 PM EDT
Voters who are more than 10 years removed from covering the game will no longer get to vote in Hall of Fame elections
Jul 28, 2015, 4:17 PM EDT
Hamels threw a no-hitter against Cubs on Saturday.
Jul 28, 2015, 4:09 PM EDT
The Nats may soon have two solid closers.
Jul 28, 2015, 4:00 PM EDT
And he thinks Carlos Gonzalez is the next one out the door. He’s probably right.
Jul 28, 2015, 3:45 PM EDT
Designated for assignment by the Giants last week.
Jul 28, 2015, 3:29 PM EDT
Why, I have no idea.
Jul 28, 2015, 2:40 PM EDT
General manager Dayton Moore is not messing around.
Jul 28, 2015, 1:01 PM EDT
Washington or elsewhere?
Jul 28, 2015, 11:50 AM EDT
Coors Field is powerful, but Tulowitzki is great anywhere.
Jul 28, 2015, 11:33 AM EDT
He would be a nice addition to the Nats’ pen, but a costly one given his $13 million vesting option.
Jul 28, 2015, 11:19 AM EDT
Swanson was scheduled to join a minor-league team later this week after signing for $6.5 million.
Jul 28, 2015, 11:08 AM EDT
He had a right to be angry, but maybe he overdid it a bit?
Jul 28, 2015, 10:47 AM EDT
Washington is getting healthier, but still not quite healthy.
Jul 28, 2015, 10:37 AM EDT
Great Moments in Rounding Error?
Jul 28, 2015, 10:11 AM EDT
His last five games have been insane.
- Astros “making a strong effort” for Phillies ace Cole Hamels 0
- Angels acquire outfielders David Murphy and David DeJesus 19
- Jenrry Mejia gets 162-game ban for second failed PED test 22
- Nationals, Phillies agree to Jonathan Papelbon trade 54
- The Hall of Fame just made a MAJOR change to the Hall of Fame voting process 66
- Royals make another big move, get Ben Zobrist from A’s 85
- And That Happened: Monday’s scores and highlights 49
- The Troy Tulowitzki trade might be the strangest deadline deal ever 40
- The MLBPA is considering withholding cooperation with ESPN, Fox over Colin Cowherd’s comments (157)
- The Cubs are in discussions with the Phillies on Cole Hamels (146)
- Colin Cowherd wonders how baseball can be considered “complicated” if Dominicans can understand it (129)
- Major League Baseball rips Colin Cowherd in an official statement (123)
- Settling the Scores: Wednesday’s results (106)