It was reported last week that the St. Louis Cardinals have agreed to a new 15-year television deal with FoxSports Midwest that will pay them more than a billion dollars.

Some of the details of the deal have surfaced. The new deal will begin in 2018 and the annual rate will start at close to $55 million. Over the life of the contract, the yearly payout will increase to around $85 million, according to Forbes.

In the last three seasons of their current deal, the Cardinals are receiving between $25 million and $35 million annually.

Forbes estimates that the new deal increase the franchise's value to $1.6 billion, a $200 million increase from the estimate at the start of the season.