MLB owners approve Manfred contract extension until 2024

As widely expected, Major League Baseball owners have approved a new five-year term for commissioner Rob Manfred through the 2024 season.

Manfred, 60, has been in the role since January 2015, when he succeeded Bud Selig. An announcement was made at the conclusion of the owners’ meetings in Atlanta on Thursday.

“Every single day has really been a great experience for me,” Manfred said. “People overestimate the difficulties – I’m not saying there aren’t difficulties – but the great parts of this job really outweigh whatever friction you may have on a particular day.

“The opportunity to be associated with the greatest game in the world outweighs all of that from my perspective.”

One of Manfred’s immediate priorities will be how to address a four-per-cent dip in attendance last season to 69.6 million, its lowest level since 2003.

Meanwhile, MLB owners agreed a seven-year extension with US broadcaster Fox, worth a reported $5bn (€4.41bn).