Well, it looks like all of our optimism earlier this month was for naught. A report released yesterday from Sports Business Daily indicates that Fox and Turner will be retaining the MLB weekend and playoff rights through the 2021 season. Fox will be paying $4 billion over the eight year deal (or $500 million a season) and Turner will be paying $2.8 billion (or $350 million per season) over their eight year pact.
With ESPN paying $700 million per season, that's $1.55 billion that MLB is bringing in just with TV rights, or around $50 million per team. That's a pretty good chunk of change for the lower payroll clubs, with total salaries ranging from $55 to $70 million for some of the lower budget teams. Once the local TV deals comes into play, some teams could completely fund their lineups with nothing but TV money... everything else is just gravy.no comments