Tag: RSN

Notes: Diamond, the catcher market, Rays’ stadium deal dead or dying

Catching up on the week of holiday news, before the winter meetings shift.

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My latest at Baseball Prospectus (subscription required) published a week ago, but I hadn’t had a chance to share it in this space until now. It’s meant to, now that we’ve got clarity on the Diamond bankruptcy situation, point out how we could see this moment in time coming a few years ago as the players were locked out by the owners during collective bargaining, and that we’re not going to see the full effects of the league’s transition from primarily cable broadcast to primarily streaming happen without another CBA battle.

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Notes: Diamond’s plan approved, MLBPA licensing change, Rays have 2025 home

Diamond isn’t going anywhere for the next few years, but the Rays are.

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Thanks to the judge’s decision on Thursday, Diamond will emerge from bankruptcy court with a plan to keep their regional sports broadcasting business going. There are quite a few details to go over, with more to come, but I’d like a little more time to mull over What It All Means before diving into all of that. So, today, let’s just look at some basics.

Diamond will continue to broadcast seven MLB teams, far fewer than it used to, and all on deals that were restructured to varying degrees. The Cardinals, for instance, worked out a new deal, but will see about a 25 percent drop in annual revenue compared to where they were before. Part of that likely had to do with their severe drop in viewership over the past couple of seasons, though, we’ve already discussed one solution for that. The Braves stayed on the same deal, but granted streaming rights to Diamond. The Royals could still rejoin Diamond, but at this point the two sides are still negotiating.

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Diamond loses more teams, what’s next

Three more teams leave Diamond for a MLB-controlled game broadcasts.

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On Tuesday morning, Baseball Prospectus published a feature of mine on the Diamond bankruptcy proceedings, and what they meant for the coming MLB offseason. As discussed last month, MLB already pointed out that the trajectory of the bankruptcy saga means impacted teams won’t be able to plan their budgets for the 2025 season, and the addition of another couple of teams — and the threat of more joining them — meant that we were going to be in for another quiet offseason.

On Tuesday afternoon, it was announced that three more teams whose deals with Diamond had been dropped would not seek to renegotiate with the regional sports network… network… and would instead work through MLB to broadcast its games. The league already did this in 2024 with the Diamondbacks, Rockies, and Padres, and they’ll now be joined by the Guardians, Brewers, and Twins. (The Rangers have also separated from Diamond, but they’re going to peddle their wares on their own, without MLB handling things, so they aren’t part of this conversation.)

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Notes: MLB’s latest threat to Bally Sports, NCAA unfair labor charge

MLB and Bally continue to go at it, while Dartmouth College’s men’s basketball team ups the ante.

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There’s been some progress in the Bally/Diamond broadcasting rights bankruptcy debacle of late, but only for the National Hockey League and National Basketball Association. MLB is continuing to have issues with the regional broadcasting giant, and the latest stems from the agreement Bally made with the NHL and NBA. Evan Drellich has the full story at The Athletic, but there’s one specific thing I want to focus on here: Continue reading “Notes: MLB’s latest threat to Bally Sports, NCAA unfair labor charge”

Notes: ‘Media disruption distribution’ fund, The Wilpon Zone, Billy Bean

A workaround for RSN troubles, answering a John Fisher-related question, and the passing of an MLB executive.

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Per the Athletic’s Evan Drellich, the collective bargaining agreement has been altered by MLB and the Players Association, as a reaction to the current issues in the regional broadcasting landscape. It’s not something that every team will have access to, since not every team is struggling with their RSN, but it’s meant to assist the clubs that are dealing with any of that fallout. As Drellich put it:

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On MLB’s rejection of the Amazon/Diamond streaming proposal

MLB’s rejection is also them showing their hand on their preference for the future of broadcasting.

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You saw the headline, now let’s get to some background. From me on December 22, at Baseball Prospectus:

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Notes: MLB broadcasting and Amazon, Tinyletter

The latest on the Diamond broadcasting issue, as well as some newsletter housekeeping notes.

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Here we go, the final newsletter for 2023. Thanks for reading through what has been a year that involved a lot more stadiums and a lot less labor-specific news than expected. But don’t worry, MLB deciding to mess with workers of one kind or another is a tradition they don’t plan on leaving behind forever.

***

Earlier this week, it was reported that Diamond Sports Group, which runs the Bally regional sports networks, was seeking a way back to the kind of profit they were hoping for by negotiating a partnership with Amazon. This would allow them to rely less on the shrinking cable market, and by moving onto one of the streaming video platforms with the most subscribers. Amazon Prime Video has 200 million subscribers, with Netflix (247 million) having more, Disney+ behind at 150 million, Paramount Plus at 63 million, Hulu at 48 million, Peacock 28 million, ESPN+ 26 million, Apple TV 25 million. Amazon Prime Video is massive, is the point, with only the original streamer ahead (and also the only one not tied mostly to their own original content). If Diamond is going to partner with anyone in the space, Amazon makes the most sense, especially since they’ve already successfully partnered with the NFL for Thursday Night Football.

Continue reading “Notes: MLB broadcasting and Amazon, Tinyletter”

Round-up: Diamond bankruptcy, WBC pitchers, cheap owners

Diamond finally declares bankruptcy, Team USA is struggling with pitching restrictions, and Bomani Jones has something to say to MLB’s cheap owners.

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We’ve got a few things to catch up on, so let’s hit the ground running.

Diamond declares bankruptcy

We knew it was going to happen eventually, but Diamond, the owners of Bally Broadcasting, which serves as the regional broadcasting network for a not insignificant number of MLB’s teams, declared bankruptcy. That sounds scary on the surface, but as I wrote about a few weeks back, it’s more of a sign of things to come than it is a notice of an interruption of how you consume baseball in 2023. Here’s Sportico’s Brendan Coffey with an explanation and quotes:

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Diamond is probably going away, but broadcasting should remain

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There sure seems to be trouble in regional sports network land, and the question of the day is how it will end up impacting Major League Baseball and the payments owed to them by various RSNs. There’s the well-publicized issue of what’s going on with Diamond Sports Group, which runs Bally Sports, as they announced they’re skipping a $140 million interest payment, which now gives them a 30-day grace period to figure out if they’re going to make said payment or file for bankruptcy instead. Alongside that, though, is AT&T Sports, which is run by Warner Media, and has possibly already missed out on its first slate of payments for broadcasting games. Possibly, because there have already been denials from AT&T Sports, on the matter, but we can at least treat that as a potential where there’s smoke there’s fire situation until things are known for sure one way or the other. [2/20/2023 note: This article originally linked to a Pittsburgh Post-Gazette story here, but the Post-Gazette staff is on strike. Apologies for the oversight; the link has been removed.]

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