The Tampa Bay Rays and Fox are close to finalizing a new television right's deal that would more than double what the team receives in annual television rights revenue, according to Sports Business Journal's John Ourand and Daniel Kaplan.
According to Ourand's report, the new deal would be worth a total over just over $1.2 billion.
The report says the Rays are in the final year of their current television deal which will pay the team close to $35 million.