ESPN signs an eight-year, $5.6 billion deal to keep baseball

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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.

Josh Donaldson is still seeking a long-term deal with the Blue Jays

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If it were up to him, Blue Jays third baseman Josh Donaldson would finish the remainder of his career in Toronto. In fact, he’d be “ticked pink” if the club decided to sign him to a long-term deal. Whether the Blue Jays share that sentiment is still unclear, as Donaldson said Saturday that the team has yet to engage his agent in extension talks.

“I’ve said that I wanted to be here,” he told MLB.com’s Gregor Chisholm. “That’s pretty much all I can say. I’m not the one who makes the decisions, nor would I try to put them in the position to do that. Like I said, I believe the situation will become more fluid when the time is right.”

That doesn’t necessarily mean an extension is out of the question. The Blue Jays reached an unprecedented one-year, $23 million agreement with the three-time All-Star in arbitration, and have been reticent to field trade offers despite continued interest from the Cardinals this winter.

Donaldson, 32, is poised to enter his eighth season in the majors and fourth with the Blue Jays. In 2017, he batted .270/.385/.559 with 33 home runs and a .944 OPS in 496 plate appearances, ranking sixth among all major league third baseman with 5.0 fWAR. He’s scheduled to enter free agency following the 2018 season.