With every major league relying heavily on broadcasting rights, two developments indicate some hiccups in that economy, with ESPN layoffs and huge losses at the 21 Sinclair Broadcasting regional sports networks (RSNs). (more…)
Tag Archives | broadcast contracts
New MLB TV contracts finalized: $1.5B annually
We have a final tally on the new TV contracts signed between Major League Baseball and broadcast partners ESPN, Fox Sports and TBS: an average of $1.5 billion annually, or $12.4 billion over eight years. The deal between ESPN and MLB was made public earlier — $700 million annually, totaling $5.6 billion over eight years— […]