MLB NEARS 8-YEAR DEALS WITH FOX, TURNER
Major League Baseball is nearing agreements with Fox and Turner Sports on eight-year contracts through 2021, according to a person familiar with the negotiations.
Under the deals, which are likely to be announced before the postseason, Fox will retain rights to the World Series and to a league championship series every year, the person said, speaking on condition of anonymity Wednesday because no announcement has been made.
The amount baseball receives from the two networks is likely to double to an average of about $800 million annually, with Fox’s share averaging about $500 million.
SOURCE: Big Story