NEW YORK: The ESPN sports network agreed to pay Major League Baseball US$5.6 billion over eight years for a package of television and digital rights through the 2021 season, a deal that reflects the strong demand for live sports content.
ESPN, a major profit driver for owner Walt Disney Co , will pay baseball an average of $700 million a year, three sources who asked to remain anonymous said on Tuesday. The sum is nearly double the fee the cable network pays now.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
