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MLB Cardinals Get Equity Stake In FS Midwest As Part Of 15-Year Media-Rights Deal

Published in SportsBusiness Daily on 07 / 30 / 15

The MLB Cardinals have signed a media-rights deal with Fox Sports, agreeing to a 15-year deal that gives the team an equity stake in FS Midwest. Financial terms were not released, but sources said that Fox will pay the team around $50M in the first year of the new deal, which starts with the ‘...

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Tags: MLB, St. Louis Cardinals, Media, Fox

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