Reported 3 days ago
A Major League Baseball panel has reduced the Washington Nationals' TV rights fees from the Mid-Atlantic Sports Network by 20% for the last three seasons of their five-year agreement, citing a declining cable television market. The decision lowers the fees from approximately $72.8 million annually to about $58.3 million for the 2024-2026 period. This marks the third consecutive five-year period of disputes over rights fees, reflecting broader industry challenges and subscriber losses.
Source: YAHOO