All 9 MLB Teams Cancel Their Contracts With FanDuel Sports Network
Nine Major League Baseball teams have terminated their deals with the FanDuel Sports Network and its parent company, Main Street Sports Group, to carry their local broadcasts.
Main Street Has Missed Payments To Multiple MLB Teams
Teams include the Atlanta Braves, Cincinnati Reds, Detroit Tigers, Kansas City Royals, Los Angeles Angels, Miami Marlins, Milwaukee Brewers, St. Louis Cardinals, and Tampa Bay Rays.
Bally Sports Network filed for bankruptcy in 2024 and ended its deals with 11 MLB teams.
The networks were rebranded as FanDuel after Diamond Sports Group was renamed Main Street Sports Group as it emerged from Chapter 11 bankruptcy proceedings last year.
Main Street has reportedly missed payments to multiple teams, including to the Cardinals and Marlins. However, the clubs could potentially return on renegotiated agreements in the future.
“We remain in active dialogue with all of our team partners regarding potential revised terms for agreements going forward,” Main Street said in a statement Thursday.
League Prepared To Take Over Broadcasts Of Any Teams
Major League Baseball commissioner Rob Manfred told reporters Thursday in New York that the league is willing to take over the broadcasts of any teams if needed.
“Our focus, particularly given the point in the calendar, is to maximize the revenue that’s available to the clubs, whether that’s MLB Media or third party,” Manfred said, per The Associated Press.
“The clubs have control over the timing. They can make a decision to move to MLB Media because of the contractual status now. I think that what’s happening right now clubs are evaluating their alternatives.
“Obviously, they’ve made significant payroll commitments already and they’re evaluating the alternatives to find the best revenue source for the year and the best outlet in terms of providing quality broadcasts to their fans.”
Fubo has emerged as a contender to buy Main Street, according to Sports Business Journal. Main Street has been in talks with DAZN, but it’s unclear whether a deal will materialize.
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