Time Warner Cable has reportedly struck a deal with the Los Angeles Dodgers to broadcast the Major League Baseball team’s games on a new channel starting with the 2014 season.
Citing two sources, Bloomberg reported Tuesday morning that the nation’s second-largest cable company will broadcast the games on a new regional sports network developed by Guggenheim Partners, who purchased the Dodgers last year for $2.15 billion.
Time Warner Cable reportedly will be a partner in the TV channel but won’t own the channel.
The Dodgers have been broadcast by Fox Sports since 1997, including most recently on the Prime Ticket regional sports network for a reported $40 million per season. Fox Sports’ exclusive negotiating window with the Dodgers ended in November, and that’s when talks with Time Warner Cable heated up.
Fox Sports had been discussing a 25-year-deal with the Dodgers worth more than $6 billion.
Time Warner Cable launched two new regional sports networks in the fall devoted to the Los Angeles Lakers after paying $3 billion in a 20-year deal.
Bloomberg reported that while a deal has not been signed an announcement on the agreement is expected soon.
Fox Sports still has the rights to MLB’s Los Angeles Angels, the NBA’s Los Angeles Clippers, and the NHLs Los Angeles Kings and Anaheim Ducks.
