ESPN has triggered an opt-out clause for its broadcasting deal with MLB, meaning this season may be its last. NBCUniversal has offered a lower bid for the rights to the MLB games ESPN is leaving behind. Details on NBC's offer remain vague, but it’s reportedly much less than ESPN's $550 million per year commitment. ESPN had signaled its willingness to renegotiate at a maximum of $200 million annually, which MLB rejected. NBC seeks to acquire key MLB broadcasts while foregoing some rights held by ESPN.
NBCUniversal's recent offer to MLB for game broadcasting rights is significantly lower than what ESPN currently pays, prompting ESPN's opt-out of the contract.
ESPN's willingness to pay a maximum of $200 million per season for MLB rights was rejected by MLB, leading to the termination of ESPN's contract.
ESPN has broadcast Sunday Night Baseball since 1990 and the Home Run Derby since 1993, indicating a long-standing relationship with MLB.
NBC's offer aims to acquire key MLB broadcasts, but it doesn't include international rights or access to highlight clips, contributing to its lower bid.
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