Diamond Sports now has ‘good chance’ of walking away from Padres, per report
John Ourand of Sports Business Journal reports there's a "good chance" Diamond doesn't make their next Padres payment on May 30, which would cause a rights reversion.
John Ourand of Sports Business Journal reports there's a "good chance" Diamond doesn't make their next Padres payment on May 30, which would cause a rights reversion.
"I finally got clear margins and I am now breast cancer free! No further treatment needed."
Diamond Sports is not taking the Suns' potential departure well.
Cincinnati Reds games will continue airing on Bally Sports Ohio.
The Suns and Mercury have their games headed to broadcast TV. Those games will also be available direct-to-consumer.
AA has confirmed that Diamond Sports has made the four 50 percent payments as ordered by a court.
The Texas Rangers are the latest MLB team claiming they are owed a rights payment.
Rosenberg had been running Diamond Sports' Bally Sports RSNs since July 2020.
Diamond Sports initially said they hadn't made a Diamondbacks payment to preserve "flexibility" during a grace period. But that grace period has now run out, and that sends their bankruptcy proceedings in a notable new direction.
The long-expected move has finally happened, triggering speculation on where the RSNs go from here.
New MLB local media department executives Doug Johnson, Greg Pennell, and Kendall Burgess all have long RSN experience.
Diamond met the 13 conditions required by the NBA when this deal was renewed, but will breach one if they file for bankruptcy in March as expected, leaving the league with a decision.
As per John Ourand of Sports Business Journal, Diamond is now expected to file for Chapter 11 bankruptcy on March 15.