We talked about lucrative local TV rights yesterday. Let’s talk national: ESPN just agreed to pay Major League Baseball nearly double what it’s paying now to keep baseball rights through 2021:
ESPN has agreed to a deal that locks down MLB rights into the next decade, according to several sources. The eight-year deal is worth $5.6B (an average of $700M per year), approximately doubling the nearly $306M ESPN currently pays MLB every year for domestic TV rights.
That includes digital, radio and, for the first time, the playoffs: one wild card game. Otherwise the deal is basically the same: Sunday Night Baseball and Monday and Wednesday night games.
The current deals with ESPN, Fox and TBS are in place through the end of the 2013 season. As the New York Times reported in July, there is a frenzy afoot, with those three outlets still wanting to keep their games, plus NBC wanting to get in on the action. Clearly those remaining will be in frenzied bidding for the Saturday and Sunday afternoon games, the postseason and any other national products that may be added over and above what exists now.
That’s a recipe for skyrocketing rights fees. And we just saw the first rocket launched.
UPDATE: Putting this money in perspective. Short version: windfall.
Earlier, we learned via Tuesday’s report from Ken Rosenthal of FOX Sports that Red Sox manager John Farrell could find himself on the hot seat given the team’s slow start and a couple of incidents with Dustin Pedroia and Drew Pomeranz.
Tim Britton of the Providence Journal spoke to Red Sox president of baseball operations Dave Dombrowski, who gave Farrell a vote of confidence. Dombrowski said, “We all have our pluses and minuses. But when I see some of the things we’ve talked about, I don’t know how you say that’s John Farrell’s fault. It’s not his fault that we’ve scuffled to pitch in the fifth spot with [Kyle] Kendrick and [Hector] Velazquez. The injury factors. Really in many ways, I tip my hat to our guys, led by John, that we’re in the position that we’re in right now. We’re three and a half out on May 24. There’s a long time to go. We haven’t gotten buried.”
Dombrowski added, “He’s our manager. He’s done fine. If I didn’t think that, then he wouldn’t be in his role.”
Farrell is signed through 2018 as the Red Sox exercised his ’18 option in December. That doesn’t mean the Red Sox can’t let him go, but given the lack of realistic options to step in and fill Farrell’s shoes and Dombrowski’s vote of confidence, it looks like the skipper has job security for now.
The Yankees announced that Jacoby Ellsbury left the game with a concussion and a neck sprain after making a great catch, crashing into the center field wall at Yankee Stadium to snag an Alcides Escobar fly ball for the first out of the first inning Wednesday night against the Royals.
Ellsbury was shaken up after the play, requiring the attention of manager Joe Girardi and trainer Steve Donohue.
Ellsbury initially stayed in the game and finished the top of the first inning. However, Aaron Hicks replaced Ellsbury in center field to start the top of the second inning. Ellsbury was batting sixth and did not have an at-bat prior to exiting.