ESPN, MLB reach new 3-year media rights agreement

(EPSN) -ESPN and Major League Baseball have a reworked deal that includes out-of-market streaming rights while NBC and Netflix will air games as part of a new three-year media rights agreement announced Wednesday.

Commissioner Rob Manfred also was able to maximize rights for the Home Run Derby and the wild-card series.

NBC/Peacock will become the new home of “Sunday Night Baseball” and the wild-card round, while Netflix will have the Home Run Derby and two additional games.

The three deals will average nearly $800 million per year. ESPN will still pay $550 million, while the NBC deal is worth $200 million and Netflix $50 million.

ESPN, which has carried baseball since 1990, loses postseason games and the Home Run Derby, but becomes the rights holder for MLB.TV, which will be available on the ESPN App.