MLB is reportedly close to finalizing a broadcast extension with Turner Sports worth $480 million per year.

As Major League Baseball and the players’ union continue their standoff and the days of a potential 2020 season wane, the league is reportedly close to reaching a new deal with Turner Sports on broadcasting rights for the postseason.

According to Andrew Marchand of the New York Post, the specifics of the agreement are not known, though it is believed to include a substantial increase from the $350 million per year fee that Turner had been paying to air one of the league championship series. John Ourand and Eric Prisbell of Sports Business Daily report that the deal represents a 40% annual increase.

The deal is expected to begin in 2022, though it has not yet been presented to the owners for a vote, according to Bob Nightengale of USA Today. The current agreement expires