Major League Baseball may not be taking the World Series to the open market after the 2021 season after all. The league and broadcast partner, Fox, are working on a multi-billion dollar extension to their current deal according to Andrew Marchand of The New York Post.
The current deal has Fox paying $525 million per year for the rights to broadcast the Fall Classic, something the network has done every year since 1996. Fox also currently broadcasts the Major League Baseball All-Star Game and weekly games on the network and on FS1.
Live sports programming is a focus of Lachlan Murdoch, who will be the chairman of New Fox, once the $71.3 billion dollar deal with Disney is complete. That is likely what is driving the company’s desire to get a new deal done with three years left on the current contract. Marchand reports that new postseason deals for MLB’s other broadcast partners, Turner and ESPN, are not currently on the table.