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Thread: Bally Sports Heading For Bankruptcy

  1. #21
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    Quote Originally Posted by cajunrevenge View Post
    It was a means to lower the sale price. Liberty media consented to that.
    Wasn't the TV deal done well before the Liberty purchase? I thought that went back further, and was more about propping up TWAOL stock, but could be misremembering.

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    If I remember correctly it was during negotiations between Liberty and TW. The real blame imo is with MLB. Not long after rubber stamping our deal they vetoed a 2 billion dollar deal for the Dodgers. I wish we could get some comment from them as to why they vetod the Dodgers deal but not ours.
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    Quote Originally Posted by cajunrevenge View Post
    If I remember correctly it was during negotiations between Liberty and TW. The real blame imo is with MLB. Not long after rubber stamping our deal they vetoed a 2 billion dollar deal for the Dodgers. I wish we could get some comment from them as to why they vetod the Dodgers deal but not ours.
    Looks accurate from some quick searching. Liberty bought the team in 2007. Twenty year TV contract expires in 2007.

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    Interesting comments today by Manfred.

    Link

    The long and short of it being that because Diamond is going to default on their interest loan payment, all MLB teams will opt out of their contracts with Diamond. By doing so, MLB itself will be taking over the broad casts in a combination of cable and streaming. On MLB Radio on XM, they were saying that this is going to be the quickest way to get to MLB owing all TV rights and it being subscription based with no black outs.
    Get off my lawn!

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    Not sure I like the sound of “subscription based”……

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    Quote Originally Posted by Hulavol View Post
    Not sure I like the sound of “subscription based”……
    If I can pay for mlb.tv with no blackouts it would be a major win for everyone. They already have the app for virtually every device. They just need to setup separate tiers. One for your team only and one for all teams.

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    They should be begging to get back on dish and the places they pulled out of

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    Anti-bankruptcy clauses typically aren't enforceable.

    MLB might be preparing to step in in event that Bally decides to repudiate the contracts, which seems very unlikely.

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    Quote Originally Posted by CrimsonCowboy View Post
    Can we just skip ahead to where teams directly sell in market streaming access?

    Once they kill RSNs for good, they can ditch blackout restrictions with MLBTV. Even better, MLB can control the distribution with a revenue sharing mechanism. Salary cap and floor would be an inevitability at that point.

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    Curious what would happen to those of us who still pay for cable if the RSN's die.

    Will the Braves just takeover the channel(s) (Fox Sports South/Southeast now Ballys)? Or will the games just be simulcasted on there then be pitch black on the channel the other 20 hours a day.
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    Quote Originally Posted by The Chosen One View Post
    Curious what would happen to those of us who still pay for cable if the RSN's die.

    Will the Braves just takeover the channel(s) (Fox Sports South/Southeast now Ballys)? Or will the games just be simulcasted on there then be pitch black on the channel the other 20 hours a day.
    I seem to recall a long while back, when the team was still on TBS, I want to say before the Turner South era, that there was syndication of select games around the region. I remember WJTC in Mobile doing that here. I could possibly see that happening
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    https://www.sportsbusinessjournal.co...ankruptcy.aspx

    It sounds like the Braves are safe on Bally (for now) and it is only the Reds, Guardians, Padres and D-Backs that are in real trouble!
    Last edited by Acuña’s Bat Flip; 03-13-2023 at 06:07 PM.
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    Bally will reportedly declare bankruptcy this week

    https://cordcuttersnews.com/bally-sp...is-week/?amp=1
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    Quote Originally Posted by CrimsonCowboy View Post
    Bally will reportedly declare bankruptcy this week

    https://cordcuttersnews.com/bally-sp...is-week/?amp=1
    It would suck to be a fan of the Reds, Guardians, Padres or D-Backs right now.
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    Quote Originally Posted by thethe View Post
    Got to take the L sometimes.

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    FKA Ozzie's Chainz

    Quote Originally Posted by thethe View Post
    Got to take the L sometimes.

    I've been used to it over the years.
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    Quote Originally Posted by Acuña’s Bat Flip View Post
    At least for one more year, the Braves can count on that broadcast revenue.

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    Diamond Sports Group has officially filed for bankruptcy protection

    https://www.cnbc.com/amp/2023/03/14/...rotection.html
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