MLB and Turner Sports have finalized a seven-year, $3.7 billion rights deal that will last through 2028, according to Sports Business Journal. This extension, which will begin in 2022, will pay MLB $535 million a year. The broad terms of the deal were reported back in June, but Turner announced the final details on Thursday.
Turner Sports and @MLB reach 7-year media rights extension through 2028, featuring TBS exclusively televising the most Postseason games of any network, new Tuesday Night live game franchise beginning in ‘22 & more
Details: https://t.co/gbEhWoXGgP & https://t.co/O5a7cBeZ7i pic.twitter.com/2vYBZYxb5S
— TurnerSportsPR (@TurnerSportsPR) September 24, 2020
Turner is currently paying MLB an average of $325 million a year for the rights to broadcast postseason games and one regular season game a week. This new deal is a 65 percent increase over the current deal.
More money, more games
Turner isn’t getting nothing for the extra $210 million