ESPN Doubles Its Payout to Get New 8-Year Baseball Deal

ESPN ponies up a 100 percent increase to keep baseball on its airwaves; reports put deal at $5.6 billion

ESPN extended its agreement with Major League Baseball on Tuesday, entering a new eight-year deal.

During a conference call on the deal Tuesday, MLB Commissioner Bud Selig noted that the deal comes at a "100 percent increase" over the previous deal, which he said was "further proof that we are truly living in the Golden Age of this sport."

Though Selig and others would not confirm the specific dollar amount of the deal, media reports have put the number at $5.6 billion overall.

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For the extra cash, ESPN will get an additional annual Wild Card game, along with the rights to produce "a significant amount" of additional MLB studio programming hours, 10 additional regular-season games, increased footage and highlight rights across platforms, increased ability to co-exist in local team markets and added content across digital platforms and WatchESPN.

Rights across ESPN Radio, ESPN International and ESPN Deportes will also expand.