MLB, ESPN extend television contract
NEW YORK (AP) - August 28, 2012 (WPVI) -- Major League Baseball and ESPN have extended their television contract through 2021.
The deal was announced on Tuesday. It combines rights for TV, radio, digital and international that had been separate. The new single contract adds new rights to air a wild-card game, along with additional rights to highlights and digital content. It also gives the network more flexibility to show games involving popular teams.
The previous contracts were worth close to $360 million a year combined. A person with knowledge of the new combined deal says it will be worth about $700 million a year over eight years. The person spoke on the condition of anonymity because the financial figures were not released.
The extension was first reported by SportsBusiness Daily.
Disney is the parent company of both ESPN and 6abc.
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