Commissioner Rob Manfred says MLB has the Guardians' back.
the contract of the San Diego Padres. The TV rights reverted to the team and MLB, which immediately started televising the team’s games on its streaming service and various cable networks.
Mandred continued, “Clubs had cash flow concerns. We took a look at the 14 clubs, what their contractual commitments to players were, what their cost structure looked like, the debt they had. … We said, ‘OK, everybody needs to relax here, we need to work our way through this,’ and in order to help the clubs, give them a little peace of mind, we said to ‘em, ‘Look, no matter what happens, we’ll backstop you at 80% of what you expect to get under your media deal.
The Diamond Group is paying the Guardians, Twins, Rangers and Diamondbacks a percentage of their contracts after being ordered to by Judge Christopher Lopez, who is presiding over the current hearing which has stretched into Thursday.He must decide if Diamond has to pay the four teams the full or a lesser amount of their contracts. They are currently receiving 75% of their structured payments.
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