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.
Dodgers closer Kenley Jansen gave up three runs in the top of the ninth inning during Sunday’s game against the Braves, blowing his first save since August 26 last season. He had converted 34 consecutive saves.
Jansen yielded back-to-back singles to lead off the ninth inning, staked to a 4-1 lead. After getting two outs, Matt Adams hit a three-run home run down the right field line to knot the game at four apiece.
After Sunday’s lackluster performance, Jansen is now 24-for-25 in save chances this season with a 1.49 ERA and a 62/2 K/BB ratio in 42 1/3 innings.
Orioles closer Zach Britton finished Sunday’s 9-7 victory over the Astros with a scoreless ninth inning, earning his sixth save of the season. He has now earned the save in 55 consecutive opportunities dating back to September 2015, setting a new American League record. Tom Gordon previously held the record with 54 consecutive saves. Eric Gagne holds the major league record at 84.
Britton’s last blown save came on September 20, 2015, then converted two more saves before the end of the regular season. He went 47-for-47 in save chances last season and is six-for-six so far this year.
Along with his six saves, Britton has a 2.65 ERA and a 13/8 K/BB ratio in 17 innings this season. The lefty came off the disabled list earlier this month after missing two months with a strained left forearm.