TVNewser Show TVSpy LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Rangers Sign $1.6 Billion Extension With Fox

Fresh off their first playoff birth since 1999, the Texas Rangers have agreed to a 20-year contract extension with Fox Sports Southwest beginning in 2015.

The deal is reportedly worth $1.6 billion and is among the most lucrative in Major League Baseball for a team without their own regional sports network.

USA Today first reported the deal was worth $3 billion, but a Fox spokesman said that amount was “wildly inflated.”

The Rangers current deal is worth roughly $45 million a year, compared to $80 million a year as part of the extension.

Mediabistro Event

TVNewser Show Coming to NYC on April 29!

TVNewser ShowThe TVNewser Show Seminar & Media Job Fair will explore the way TV business and technologies are changing through informative panels and discussions with industry experts. Attendees will also have the opportunity to network with other like-minded professionals at the event's exclusive media job fair. Register before midnight on April 28 to save on on-site pricing!