On April 1, Diamond Sports Group failed to make its multi-million dollar broadcasting rights payment to the Guardians, triggering a 15-day grace period in which Bally could still make payment.
CLEVELAND — From pressure washing the stadium concourse to hanging fresh banners on the nearby street lights, crews were hard at work Thursday getting Progressive Field ready for the Guardians’ home opener on Friday afternoon. In addition to carefully watching the pitch clock, Guardians fans are anxiously monitoring the ongoing bankruptcy proceedings for Diamond Sports Group, the parent company of the team’s broadcast partner, Bally Sports.
“We are not tied to cable; we stream… I was really hoping that Bally Sports had gotten this app working and we could stream specifically for them. That obviously did not come to fruition,” Thompson said. “I’m just hoping that we’ll be able to watch the Guardians when they are on the road.” The acquisitions have been nothing short of disastrous for Bally Sports as the COVID-19 pandemic and early season lockout last year dug severely into the company’s bottom line. In an effort to shed some of its $8 billion in debt, Diamond Sports Group filed for bankruptcy in mid-March.
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