Diamond Sports announced that it will miss a $140 million interest payment, triggering a 30-day grace period to figure out a way forward. Bankruptcy would mean 14 MLB teams could miss out on one of…
PHOENIX — Although the company that owns the network that shows Angels games is taking steps toward bankruptcy, Commissioner Rob Manfred said on Wednesday that Major League Baseball is working through contingency plans to broadcast the games to as many viewers as possible.
Currently, fans can’t buy digital subscriptions to watch games in their home markets because those are blacked out as part of MLB’s agreements with the RSN’s that pay for exclusive rights. This is by no means an MLB-only issue, as Bally Sports networks also control the rights of 16 NBA teams , 12 NHL teams and four WNBA teams.
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