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MLB Nears Three-Year Rights Deals With ESPN, NBC and Netflix

The framework would move out-of-market streaming to ESPN’s new service as MLB pursues short-term packages that all expire in 2028.

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Overview

  • Negotiations described by CNBC would give NBC Sunday night games and the Wild Card round for about $200 million per year, with overflow on Peacock when the network airs NFL or NBA.
  • ESPN is discussing a new $550 million package that centers on integrating MLB.TV into its direct-to-consumer platform and adding a mid-week slate of national games.
  • As part of the proposed ESPN package, the network would hold in-market streaming rights for five MLB-produced clubs: the Guardians, Padres, Twins, Diamondbacks and Rockies.
  • Netflix is in talks to acquire the Home Run Derby for about $50 million annually through 2028, updating earlier reports that pegged the figure lower.
  • Agreements remain unsigned and could change, with multiple outlets reporting the league aims to finalize the three-year deals by the end of the regular season next month.