Indians’ new local television deal with FOX worth $400 million for 10 seasons

20 Comments

Last week FOX purchased Sportstime Ohio and the right to broadcast Indians games and now we have some details about the deal, with Paul Hoynes of the Cleveland Plain Dealer reporting that the Indians are expected to get $400 million for 10 seasons.

That includes $40 million for 2013, which helps explains their sudden spending on free agents like Nick Swisher, Brett Myers, and Mark Reynolds.

According to Hoynes the Indians received $33 million in 2012, so the new deal represents an increase of more than 20 percent in revenue and puts them solidly ahead of teams like the AL Central rival Twins in terms of local television revenue.