The Los Angeles Dodgers and Time Warner Cable announced a TV deal on Monday that could be worth as much as $8 billion over a 25-year period.
The new network, known as SportsNet LA, will debut after the 2013 season. The Dodgers will conclude their current deal with Fox Sports this season.
"We concluded last year that the best way to give our fans what they want -- more content and more Dodger baseball -- was to launch our own network," Dodgers chairman Mark Walter said in a statement.
Dodgers CEO Stan Kasten said in a statement: "The launch of the new regional sports network is a historic development for the Dodgers and our passionate fans. Our commitment from day one has been to build the Dodgers into the best team possible, both on and off the field. Our fans deserve the best -- the best players, the best baseball, and the best experience -- whether that's at the newly renovated Dodger Stadium or on television."
The new deal is pending approval from Major League Baseball because of revenue-sharing issues, according to the Los Angeles Times.
--New York Yankees shortstop Derek Jeter resumed baseball activities for the first time since fracturing his left ankle in the AL Championship Series, Newsday reported.
Jeter, who had surgery in October, took swings in a batting cage and fielded grounders at the team's facility in Tampa. Jeter led the majors with 216 hits and batted .316 in 2012.
--The Tampa Bay Rays agreed to a one-year deal with second baseman/outfielder Kelly Johnson, Fox Sports reported.
Johnson, 31, hit .223 with a .698 OPS over the past two seasons, a drop from an OPS of .800 he had through age 28.
Johnson provides Tampa Bay with the potential to hit 20 home runs and steal 15 bases with patience at the plate as a middle infielder. However, he could play mainly in the outfield if the Rays use versatile Ben Zobrist as an infielder.
--The Philadelphia Phillies agreed to a one-year, $1.1 million deal with free agent right-handed reliever Chad Durbin, according to ESPN.com.
Durbin, 35, can also earn up to $350,000 in incentives. He had a 3.10 ERA over 61 innings for the Atlanta Braves last season.