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Originally posted on ESPN
NEW YORK -- The agreement announced Wednesday, which runs through 2013, allows the network to have a team appear on its exclusive Sunday night games up to five times per season, up from 11 over a three-season span under the six-year contract that is expiring.
Baseball is getting $200 million from ESPN in the final season of its current deal, which was worth about $815 million for its television component and was a product of a lawsuit settlement.
The sport will average $296 million under the new agreement, a television and a baseball official said, speaking on condition of anonymity because of a confidentiality agreement in the deal. ESPN will pay baseball $273.5 million in 2006, $293.5 million in each of the following four years, $308.5 million in 2011 and $306 million in each of the final two seasons.
"You worry about oversaturation, but this is a sport that its fans follow and live on a day-by-day basis," baseball commissioner Bud Selig said. "I do not worry that this will produce a glut."
The sport's six-year contract with FOX, which runs through 2006 and covers the regular season, All-Star game and postseason, is worth about $2.5 billion. In addition, Selig and his staff have been planning to launch baseball's own cable network next year.
Originally posted by EnosSlaughter
they dont need alot more than that
Originally posted by Crawford89
2.3 billion dollars?? aren't there people in the gulf coast that need that alot more