© 2024 St. Louis Public Radio
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Other

MLB sued by Anheuser-Busch over sponsorship deal

The Anheuser-Busch brewery in St. Louis.
The Anheuser-Busch brewery in St. Louis.

By AP/St. Louis Public Radio

NEW YORK – Anheuser-Busch is suing Major League Baseball in a dispute over the brewer's decades-long sponsorship.

The maker of Budweiser claimed in a suit filed Friday that MLB agreed in April to a multiyear extension of its exclusive sponsorship rights. The St. Louis-based company says that a few weeks later, baseball's licensing entity tried to back out.

Anheuser-Busch claims in the suit that MLB demanded an "exponentially higher" fee because there had been a "change in marketplace dynamics."

Anheuser-Busch has asked a federal judge to declare the April agreement binding and block MLB from negotiating with any other brewer.

Other