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Diamond Sports drops most remaining MLB contracts

TheBigA said:
Probably not going to happen, since the bigger teams own their own RSNs. The problem here is team salaries are at the point where broadcast revenues aren't enough. TV stations can't afford the rights fees, and the teams can't afford to lower the fees.
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That's why I'm surprised to read that as many as 11 teams will be bidding for Juan Soto this off-season, given the deal in the $600 million to $700 million range that he and his agent, Scott Boras, are expecting to ask for. The Yankees, Mets, Dodgers, Cubs and Red Sox have their own RSNs, but the Red Sox -- with ownership stakes in the Pittsburgh Penguins, Liverpool FC and a NASCAR team competing for investment -- haven't splurged on big-name free agents in a half-dozen years. Will the teams who've fallen victim to the collapse of Diamond/Bally actually be competitive for Soto? How?
 
CTListener said:
That's why I'm surprised to read that as many as 11 teams will be bidding for Juan Soto this off-season, given the deal in the $600 million to $700 million range that he and his agent, Scott Boras, are expecting to ask for. The Yankees, Mets, Dodgers, Cubs and Red Sox have their own RSNs, but the Red Sox -- with ownership stakes in the Pittsburgh Penguins, Liverpool FC and a NASCAR team competing for investment -- haven't splurged on big-name free agents in a half-dozen years. Will the teams who've fallen victim to the collapse of Diamond/Bally actually be competitive for Soto? How?
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Bidding to drive up the price. There are really only 4 teams that have a legit shot. Yankees, Mets, Dodgers, maybe a sleeper.
 
So, now with MLB officially calling quits with Diamond, will they take the TV coverage rights to all of the teams that were on Diamond's sports nets or will the teams create their own network (like how the Yankees and the Red Sox do)
 
Loganfly said:
So, now with MLB officially calling quits with Diamond, will they take the TV coverage rights to all of the teams that were on Diamond's sports nets or will the teams create their own network (like how the Yankees and the Red Sox do)
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It depends on the teams. The teams make the decisions. From the linked article:

On Oct. 8, the Milwaukee Brewers, Cleveland Guardians and Minnesota Twins joined MLB, which will broadcast at least six teams during the 2025 season, while the Texas Rangers announced they would explore local media alternatives.
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Also this week, the St. Louis Cardinals signed a new deal with Diamond, at a discount of about 25% from the old one.
www.mlb.com

Cardinals announce multiyear deal with Diamond Sports Group

The Cardinals announced on Thursday that they have signed a new multiyear rights deal with Diamond Sports Group. It allows FanDuel Sports Network, formerly Bally Sports Midwest, to remain the television home for Cardinals games. The agreement also provides direct-to-consumer TV service for fans...
www.mlb.com www.mlb.com
 
What's old is new again. So many of us remember the Braves on (W)TBS and the Cubs on WGN...
I hope they get some awesome revenue from this move.
 
crainbebo said:
What's old is new again. So many of us remember the Braves on (W)TBS and the Cubs on WGN...
I hope they get some awesome revenue from this move.
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If putting games back on OTA TV is such a potential cash cow, you'd think teams would have done it earlier, or never gone to cable. This is strictly a placeholder move until MLB (and all other affected sports) can figure out a streaming-based model that most fans will be willing to pay for.
 
The games are simulcast on OTA (15 games) with the Regional Sports Network. Not that big of a deal unless you dont get a RSN
 
The Texas Rangers, earlier today, said, “Victory+, I choose you!”. The streaming platform known for broadcasting Stars and Ducks hockey will broadcast all non-nationally televised games in the 2025 season.

IMG_0271.jpeg
 
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