MLB SAYS IT’S CASH-POOR, BUT A NEW TV DEAL SAYS OTHERWISE!

By Peter Gleason

Major League Baseball is crying that their finances require a hard-line on whatever passes for a shortened 2020 season.

White at the same time it is cashing in bigtime with a new TV contract.

No wonder the players don’t trust the greedy owners!

According to the New York Post, MLB has all but finalized a new billion-dollar deal with Turner Sports to keep a playoff package that includes one of the league championship series on the network.

The exact new contract terms are not yet known, but a substantial increase from the $350 million per season that Turner had been paying is expected, according to sources. There had been talks in the $500 million per year range, according to sources. The length of the new contract is not yet known. Turner’s current deal ends after the 2021 season.

Besides Turner, ESPN/ABC had interest in adding MLB playoffs to its calendar. With baseball potentially expanding its postseason, ESPN/ABC might still have a chance to get in the door there. The deal is the first major rights agreement under president Jeff Zucker and shows Turner’s continued commitment to premium live sports.

Turner’s current deal includes a regular-season package on Sundays, but the money is made in the postseason, where the national viewership is substantially higher. MLB has already inked a long-term contract with Fox for the other LCS and the World Series.

After The Post broke the story, players reacted on social media. During the discussions of how to play baseball during the pandemic, the players have been in a stalemate with owners over their salaries for the 2020 season. The players are steadfast about receiving their prorated salaries, while the owners continually offer less than that.

Though the new Turner deal does not impact this season directly, it does demonstrate the financial strength of the game. Some players went to Twitter to make their feelings known.

“But baseball is dying!” Phillies outfielder Andrew McCutchen tweeted sarcastically.

Combined with Fox’s long term deal and now Turners, the league has multiple billions committed to it long-term.

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