Key Concepts:
- MLB Linear and Streaming Rights
- ESPN Deal ($550 million)
- MLB TV Licensing
- NBCUniversal Deal ($200 million/year)
- Netflix Deal ($50 million/year)
- Home Run Derby Rights
- Out-of-Market Games
- In-Market Games
- Midweek Package of National Games
- Sunday Night Games
- Wild Card Games
MLB Rights Deals Through 2028
Major League Baseball (MLB) is reportedly finalizing a series of deals for its linear and streaming rights extending through 2028. These deals involve ESPN, NBCUniversal (parent company of CNBC), and Netflix.
ESPN Deal: $550 Million
MLB is nearing a finalized agreement with ESPN for a package of rights valued at $550 million. While the total value is similar to ESPN's previous MLB rights package, the specific rights are different.
- MLB TV Licensing: Approximately $450 million is allocated to license MLB TV for streaming out-of-market games.
- In-Market Games: The remaining portion covers in-market games for five local teams.
- Midweek Package: Includes a new midweek package of national games. This information was provided by sources to Alex Sherman.
NBCUniversal Deal: $200 Million Per Year
NBCUniversal is poised to acquire rights that closely resemble ESPN's prior package.
- Sunday Night Games: NBCUniversal will acquire all Sunday night games.
- Wild Card Games: The deal also includes wild card games.
- Value: The deal is valued at approximately $200 million per year for a three-year period.
Netflix Deal: $50 Million Per Year
Netflix is set to secure the rights for the Home Run Derby.
- Home Run Derby Rights: Netflix will acquire the rights for the Home Run Derby.
- Value: The deal is valued at as much as about $50 million per year for three years.
Attribution:
The information presented is based on sources close to the situation. No official comment has been provided by MLB, ESPN, NBCUniversal, or Netflix.
Conclusion:
MLB is restructuring its media rights landscape through 2028, distributing linear and streaming rights across ESPN, NBCUniversal, and Netflix. ESPN retains a significant package including MLB TV licensing, while NBCUniversal secures Sunday night and wild card games. Netflix enters the MLB arena with the Home Run Derby rights. The financial terms and specific rights allocations highlight the evolving value of different MLB content in the current media market.
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