A federal bankruptcy judge has ordered Diamond Sports to pay the full value of its media contracts to the Diamondbacks, Guardians, Twins and Rangers.
A federal bankruptcy judge has ordered Diamond Sports to pay the full value of its media contracts to the Arizona Diamondbacks, Cleveland Guardians, Minnesota Twins and Texas Rangers.Diamond Sports, which owns 19 networks under the Bally Sports banner, hasAPIn April, the judge ruled Diamond to pay half of what the teams were owed in rights fees.
“I think the contract rate is the right answer here,” said Lopez in using his decision after two marathon days of testimony.
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Judge says Diamond Sports must pay full value of TV contracts to 4 MLB teamsA federal bankruptcy judge has ordered Diamond Sports to pay the full value of its media contracts to the Arizona Diamondbacks, Cleveland Guardians,...
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MLB takes over Padres broadcasts after bankrupt Diamond Sports Group misses rights payment, per reportThe dominoes from Diamond Sports Group's bankruptcy filing are starting to hit hard.
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If Diamond reneges on Guardians’ TV contract, MLB will pay 80% of it for 2023Commissioner Rob Manfred says MLB has the Guardians' back.
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MLB takes over Padres broadcasts Wednesday after Bally misses paymentMLB will take over broadcasts of Padres games beginning Wednesday after Diamond Sports missed a rights fees payment to the regional sports network's parent company and let the grace period expire.
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REPORTS: MLB to take over Padres broadcasts after Bally Sports misses paymentSources tell ABC 10News that the Padres will announce in the next few hours when fans will be able to watch games starting Wednesday.
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