Lopez said he was "not concerned" about the "financial stability" of the MLB franchises.
“That ‘there ain’t no such thing as a free lunch’ is a well-recognized, simple, but axiomatic economic principle. Everyone understands it—everyone, apparently, except [Diamond Sports]."
MLB claims Diamond Sports Group only gave the Twins and Guardians one days advance notice that it would not be making the scheduled payments.
"Betting on minor league games will not be allowed, but Bally's will allow app users to access free games related to the broadcasts."
"John Ourand of Sports Business Journal reports that a memo went out to the company on Monday morning announcing the change."
"The (MLB) Commissioner's office has made it clear that they want to take back the rights and go it alone, which will effectively drive us out...
It is believed that the missed rights payment by Bally Sports Arizona triggers a clause in the contract that reverts the television rights back to the...
"Diamond Sports Group will go through a restructuring and eventually become a standalone company."
While offering the games for free in the meantime, MLB would continue to negotiate with cable providers to return the clubs back to traditional linear television...
"We are continuing to broadcast games and are operating our business as usual.”