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Why the Local TV Bubble Is About to Burst and Other MLB News

By Jonah Keri at

The holidays saw several more deals go through, ranging from the Royals signing 38-year-old Miguel Tejada in the hopes he'll provide actual value for the first time in four years to moves that actually have a hope in hell of panning out. The most intriguing news actually happened off the field.

FOX Sports Media Group recently bought SportsTime Ohio for $235 million from the Cleveland Indians. With a new network to carry its games, the Tribe could now see their annual TV rights fees climb to $40 million a year. Which would be swell, except for this: That's only $10 million a year more than the team's making under its current deal. It's possible that the relatively small bump in Indians rights fees is an aberration in the red-hot trend that's supercharged the industry, with teams like the Rangers and Angels, even the Padres and Astros reaping big financial gains from new TV contracts.

But as Maury Brown writes, the Indians' new TV deal might signal something different altogether: an early sign that the TV rights bubble might be about to burst.

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