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.

Clay Buchholz makes first major league start in over a year

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The Diamondbacks selected the contract of pitcher Clay Buchholz from Triple-A Reno ahead of Sunday’s game against the Mets. It marked Buchholz’s first major league start since April 11 last season (also against the Mets) when he was a member of the Phillies. Shortly after that start, he was diagnosed with a partial tear of his flexor pronator mass and he ended up not being able to pitch the rest of the season.

Buchholz signed a minor league deal with the Royals but he opted out of his contract at the beginning of this month. The Diamondbacks signed him to a minor league deal a few days later, needing depth with a depleted starting rotation. Buchholz made two starts for Reno before getting the call Sunday.

Buchholz, 33, pitched well on Sunday against the Mets, lasting five innings and limiting the opposition to a run on two hits and a walk with two strikeouts. His only blemish was allowing a solo home run to Amed Rosario leading off the sixth. He was immediately relieved by T.J. McFarland afterwards.

It is not yet clear if Buchholz will get another turn through the D-Backs’ rotation.