Article updated: 9/20/2012 7:03 AM

AP source: MLB nears 8-year deals with Fox, Turner

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Major League Baseball is nearing agreements with Fox and Turner Sports on eight-year contracts through 2021, according to a person familiar with the negotiations.

Associated Press

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Major League Baseball is nearing agreements with Fox and Turner Sports on eight-year contracts through 2021, according to a person familiar with the negotiations.Under the deals, which are likely to be announced before the postseason, Fox will retain rights to the World Series and to a league championship series every year, the person said, speaking on condition of anonymity Wednesday because no announcement has been made.