On CBA negotiations: Silver said he "believes discussions will go right down to" Friday night's opt-out deadline, but "progress has been made." Silver noted there have been things discussed "from player health to finances and other areas," but that there’s "still a gap between here and a deal getting done" ( TWITTER, 3/29).NBA Commissioner Adam Silver took to the stage for a press conference at the NBA Board of Governors meeting this afternoon, touching on a number of topics pertinent to the league. YES Network unveils DTC subscription service The Padres have invested in star players like 3B Manny Machado and RF Juan Soto and are considered a championship contender. Diamond opted to make its payment to the Padres based, in part, on the team’s expected on-field performance. Sources said the next teams that are in peril of missing their rights fees payments are the Reds and Guardians, which play their games on Bally Sports Ohio. But Diamond still plans to produce and distribute those games on Bally Sports Arizona. Diamond did not make its rights payment to the D-backs on time. Diamond had identified at least four baseball contracts that it was hoping to rework, including the Padres. The Padres own about 20% of the Bally Sports San Diego RSN.ĭiamond Sports filed for Chapter 11 bankruptcy in March and its execs have been negotiating with leagues, teams and creditors to come up with a restructuring plan. Sources said that the team did not give up those rights. Diamond had hoped to negotiate a new deal where it would get the Padres’ streaming rights as part of a direct-to-consumer offering that Diamond launched last season. The Padres’ Opening Day is tomorrow, and MLB was prepared to begin producing the team’s games if Diamond had missed its payment. It’s not known how much the deal is worth. The company was late on making the payment and had until midnight tonight to pay the team without penalty as part of a grace period. There was a question whether Diamond Sports would make this payment. The Padres have invested in star players like 3B Manny Machado and are considered a championship contender Getty Imagesĭiamond Sports made its rights fee payment to the Padres this afternoon, according to multiple sources, which means that Diamond’s Bally Sports San Diego will produce and distribute Padres games all season.
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