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.
- Ron Burgundy to Guest Anchor on NBCSN
- Brett Favre on Concussions and Bullies
- Curling, Hockey to Return to MSNBC, CNBC
- Keith Olbermann: 'I'll Always Deliver What an Employer Wants'