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Monday, May 6, 2024

Dinger Deal

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Dale Zanine-USA TODAY Sports
Turner Sports will stay in the MLB postseason lineup, signing a nearly $3.75 billion extension. Starting in 2022, the network will pay $535 million per year — a 65% increase over the current $2.6 billion, eight-year deal.

Under the new agreement, TBS will televise one wild-card game, two Division Series and one League Championship Series. A new Tuesday national game telecast on TBS is part of the deal, paired with a studio show that will be hosted by Ernie Johnson, Pedro Martinez, Jimmy Rollins and Curtis Granderson.

The significant jumps in MLB media rights deals is likely foreshadowing as both the NFL and NHL are due up in the next two years.

Current MLB Broadcast Deals:

TBS: New extension takes rights to 2028 for $3.75 billion.

FOX: In 2018, extended its exclusive rights to the World Series and All-Star Game through 2028 for $5.1 billion.

ESPN: Current $5.6 billion, eight-year deal expires after this season, but the network is airing seven of the eight first-round series in the newly-expanded playoff field.

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