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Report: MLB and Turner Sports set for ‘US$470m-a-year’ media rights renewal

Getty ImagesMajor League Baseball (MLB) is set to renew its domestic media rights deal with WarnerMedia-owned Turner Sports, according to widespread reports in the US. Sports Business Journal (SBJ) reports that the new agreement will see Turner hand MLB an average US$470 million a year from 2022 through to 2028, marking a significant increase on the annual US$325 million the broadcaster pays under its current eight-year arrangement with the league. The deal will see Turner continue to air the MLB post-season, SBJ said, including one League Championship Series (LCS), two Division Series (LDS) and one wild-card game. Turner, which broadcasts its MLB coverage on pay-TV network TBS, currently shows regular season games on Sundays. However, SBJ added that the new deal will see the broadcaster move its regular season coverage to a weeknight. If confirmed, the deal would be in sync with MLB’s contract with Fox Sports, which in November 2018 agreed a reported US$5 billion extension to remain the exclusive US broadcast partner for the champion-crowning World Series through 2028.

Read more at:
https://www.sportspromedia.com/news/mlb-tbs-turner-tv-rights-postseason-extension

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