The Padres are among about a half-dozen teams that could have their games streamed for free by Major League Baseball this season, the fallout as Diamond Sports prepares to file for bankruptcy on March 17, according to a New York Post report.
The Padres are among about a half-dozen teams that could have their games streamed for free by Major League Baseball this season, the fallout as Diamond Sports prepares to file for bankruptcy on March 17,Operating as Bally Sports, Diamond Sports owns broadcast rights to 14 baseball teams. The company is expected to use bankruptcy proceedings to reject the contracts of at least four teams, including the Padres, Arizona Diamondbacks, Cincinnati Reds and Cleveland Guardians.
According to The Post, MLB has not yet finalized exactly how teams in affected markets would be able to view games for free while the league negotiates with cable companies for lower contracts. Currently, out-of-market games can be viewed through a $149.99 annual subscription to the MLB.TV app. Bally Sports currently charges $19.99 a month for its sports streaming packages.
Diamond operates 19 regional sports networks that hold the broadcast rights for 42 teams in MLB, the NBA and NHL. The agreement with MLB teams account for approximately $1 billion in revenue. Diamond was formed after Sinclair Broadcast Group paid $10.6 billion for Fox Sports Networks’ regional channels in 2019, which included Fox Sports San Diego.
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