MLB completes 8-year deal with Fox, Turner Sports

By: Associated Press

Posted: Tue 11:35 AM, Oct 02, 2012

NEW YORK (AP) - Major League Baseball has agreed with Fox and Turner Sports on eight-year contracts that will run through 2021 and keep the World Series on Fox.

Fox also will retain rights to the All-Star game and a league championship series every year, and add coverage of two division series starting in 2014.

TBS will retain the rights to air one league championship series, two division series and one wild-card game.

The amount baseball receives from the two networks will double to an average of about $800 million annually, with Fox's share averaging about $500 million.

ESPN and MLB last month announced a new deal covering 2014-21 that will increase ESPN's average yearly payment from about $360 million to approximately $700 million.

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