Shortly after seeing this story earlier today, I noticed Bally Sports tweet to 
promote a sponsored giveaway item that's scheduled for the Tampa Bay Rays game 
on July 9th. I hope the Rays got the sponsorship money up front. 
https://twitter.com/BallyRays/status/1626257396002656262


> On Feb 16, 2023, at 2:53 PM, Tom Wolper <[email protected]> wrote:
> 
> I watch a lot of out of market hockey on ESPN+ and I notice that a lot of 
> games are carried on Bally stations. Bally Sports is owned by the Diamond 
> Sports Group which is, in turn, owned by Sinclair. I was surprised to see the 
> article linked below about a press conference given by MLB Commissioner Rob 
> Manfred about what the MLB will do with DSG’s upcoming bankruptcy.
> 
> DSG bought the rights to baseball from FOX for $10.4 billion a couple of 
> years ago and took out an $8 billion loan. This month they defaulted on a 
> $140 million interest payment which means they are headed for bankruptcy 
> court and a reorganization. That would make baseball (and hockey) teams that 
> have contracts with them into creditors who stand to get only a fraction of 
> what they are owed under contract.
> 
> The reason DSG gives for their financial woes is the drop in revenue due to 
> cord cutting. Apparently AT&T Sports Networks are going through similar 
> problems as they paid baseball teams less than they were owed recently.
> 
> https://www.espn.com/mlb/story/_/id/35668388/rob-manfred-mlb-ready-diamond-sports-group-pay-teams
> 
> 
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