Deals
Turner Sports to Pay $3.75 Billion in New Baseball Rights Deal
- Cable programmer puts up 65% more for rights through 2028
- Deal moves MLB broadcasts on TBS to Tuesdays from Sundays
Photographer: Kathryn Riley/Getty Images
AT&T Inc. extended its media-rights deal with Major League Baseball, agreeing to pay a significant premium to continue airing the sport on its cable channel TBS.
AT&T’s Turner Sports will lay out about $3.75 billion, or about $535 million a year, for the rights over seven years, starting in 2022, according to a person familiar with the matter. That’s 65% more than their current agreement, which is worth $325 million a year.