MLB Questions Viability of Bally Sports' Bankruptcy Plan
Major League Baseball raises concerns over Diamond Sports' ability to secure key broadcast agreements, impacting fans and teams.
- Comcast dropped Bally Sports channels, affecting fans' access to their favorite teams.
- MLB filed a motion doubting Diamond Sports' ability to emerge from bankruptcy without a Comcast deal.
- Diamond Sports secured agreements with DirecTV and Charter but lacks transparency on terms.
- The loss of Comcast's carriage has raised fears of Diamond's collapse and contingency plans are being made.
- June 18 is the critical date for confirming Diamond's restructuring plan.