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Major League Baseball signs seven-year extension with Fox worth $5.1B

John Ourand and Eric Fisher
Major League Baseball signs seven-year extension with Fox worth $5.1B

Major League Baseball has signed a seven-year media rights renewal with Fox Sports that sources say is worth $5.1 billion, or $728.6 million per year. The deal formally was announced at the MLB owners meetings in Atlanta today. The deal, which keeps MLB tied to Fox and FS1 through 2028, looks much like Fox’s current deal, in part, because that was all MLB could sell as its other media packages are not up.