MLB signs Apple and NBC for new deals
Major League Baseball has signed a broadcast rights deal with Apple and NBC worth $115 million a year – even as more games are canceled due to player lockdowns.
Apple’s deal includes streaming rights at a cost of $85 million per year for the next seven years. The deal will allow Apple to broadcast two games per week under the name “Friday Night Baseball”. A clause allows Apple to withdraw from the agreement after the first or second year.
MLB and NBC have signed an agreement for additional broadcast rights. NBC Sports will resume Monday and Wednesday games that previously aired on ESPN. These games will primarily stream on Peacock.
The Disney-owned sports network has chosen to remove these games from its lineup. NBC pays around $30 million for these rights.
Going forward, that means MLB broadcast deals with ESPN, Fox, TBS, Apple and NBC totaling around $1.96 billion a year, a nice increase from the $1.55 billion a year that she was realizing before the realignment of ESPN games on NBC and Apple Extra. rights.
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ESPN has dramatically reduced its investment in MLB games from $700 million a year to $500 million, while Fox and TBS have both increased what they pay.
TBS parent company WarnerMedia and Fox have both signed expansion deals with MLB in recent years through 2028. They are both expected to offer more games starting in the 2022 season, which explains partly the increase in fees.