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Thursday, November 21, 2024

MLB, NBC in Talks for Deal Worth Up To $150M

  • NBC Sports has had serious talks with Major League Baseball about broadcasting games this season.
  • A deal could be worth up to $150 million.
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Raj Mehta-USA TODAY Sports/Design: Alex Brooks

NBC Sports has had serious talks with Major League Baseball about broadcasting games this season in a deal that could range between $100 million and $150 million, according to the New York Post.

If a deal is reached between the two entities, most games are expected to air on NBC’s streaming platform, Peacock. The service — available for $4.99 or $9.99 per month — reached 24.5 million monthly active users and 9 million paying users at the end of 2021.

MLB presents a unique opportunity for NBC. 

  • NBC hasn’t broadcasted baseball since 2000.
  • The MLB Network is expected to produce the broadcasts.
  • Broadcasts could include Bob Costas, who is the MLB Network’s lead play-by-player. 

There is an expectation that Apple will also acquire rights to broadcast games. The tech giant and MLB held substantial talks in January 2022, but a deal has yet to be finalized. 

Let’s Play Ball 

MLB and its players union have yet to reach a deal regarding the league’s collective bargaining agreement. Earlier this week, the league reportedly told its players union that it is willing to cancel a month’s worth of games in order to reach a deal.

A new deadline has been set for 5 p.m. ET Tuesday — with a full, 162-game regular season at stake for each franchise. Any deal requires approval by 23 of the 30 MLB owners.

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