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.

Nick Williams has been trying to sell Jake Arrieta on the Phillies

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CSN Philly’s Jim Salisbury reports that Phillies outfielder Nick Williams has been working out daily with free agent starter Jake Arrieta in Austin. The right-hander, who won the 2015 National League Cy Young Award, still remains teamless with spring training less than a month away. Williams has been trying to sell Arrieta on joining the Phillies.

Williams said of Arrieta, “He loves it here [Austin]. He has told me he likes working with young guys. I’m like, ‘All right, come on up.’ But I’m not writing the check. I don’t know what he wants. I don’t really dig into that because I’m not really in his position.”

On GM Matt Klentak’s hunt for pitching help, new manager Gabe Kapler said, “The pursuit is very real. I have a lot of trust that we’ll either go in [to spring training] with a new toy or we will pass on the opportunity because we’re better off giving this collection of pitchers a really healthy look because we thought that we could go acquire that piece a little bit later on this season or in the offseason next year.”

Arrieta, who turns 32 years old in March, went 14-10 with a 3.53 ERA and a 163/55 K/BB ratio in 168 1/3 innings last season with the Cubs. The Cubs, Cardinals, and Brewers have been linked to Arrieta this month.

Presently, the Phillies’ starting rotation figures to include Aaron Nola, Jerad Eickhoff, and Vince Velasquez along with some combination of Nick Pivetta, Ben Lively, Zach Eflin, Mark Leiter, and Jake Thompson. Arrieta would certainly amount to a big upgrade in the starting rotation and could make the Phillies a more attractive landing spot for Bryce Harper or Manny Machado, who become free agents after the 2018 campaign. The Phillies are expected to be in the mix for either or both players.