The news: ESPN and Major League Baseball (MLB) will end their decades-long partnership after the 2025 season, the league announced last week. The deal was reported to be worth $550 million per season and was initially poised to end after 2028.
The news puts broadcast rights for a valuable sports league on the table at a time when streaming services are increasingly relying on sports to drive growth, but matching the worth of ESPN’s deal will likely be challenging.