The company that owns Bally Sports is expected to file for bankruptcy, a move that could result in a huge financial hit for the Angels and 13 other MLB teams.
Shohei Ohtani’s impending free agency looms large, but what are other story lines for the Angels heading into spring training ahead of the 2023 season?A little more than $125 million, according to a person familiar with the matter who declined to be identified. In 2022, Forbes estimated the Angels generated $331 million in annual revenue.
If those payments stopped, could the league replace all of the revenue promised to the 14 teams on Bally channels?“If Diamond doesn’t pay,” Manfred said, “under every single one of the broadcast agreements, that creates a termination right, and our clubs will proceed to terminate those contracts. In the event that MLB stepped in, what we would do is we would produce the games.”
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