Figured this is worthy of a thread. Has significant impact on the Twins. Personally I'm glad. Not a fan of Sinclaire/Bally's. Whatever replaces it should be better.
Back in 2019, Sinclair Broadcast Group completed a deal with Fox Regional Sports Networks. Sinclair’s sports channels are referred to as Bally Sports Regional Sports Networks (RSN). Bally Sports RSN is the service that several fan bases need to have in order to watch their local MLB, NBA and NHL teams. Today, it was announced that Sinclair’s sports channels, including the RSNs, are preparing to file for bankruptcy.
Diamond Sports Group LLC, which runs Sinclair’s sports channels, is reportedly $8.6 billion in debt. On top of that, Sinclair owes $55 billion in sports-media rights to MLB, NBA, and NHL teams across the country. Sinclair is reportedly hoping to strike a deal to help them keep the channels operating during bankruptcy.
How might Bally Sports Regional Sports Networks preparing for bankruptcy affect fans who want to watch their local teams?
A big contributing factor that has led to this has been companies refusing to pay the high price Sinclair wants for its Bally Sports RSNs. This is why RSNs are no longer available on DISH networks and streaming services such as YouTube TV, sling, and others.
https://www.msn.com/en-us/sports/nhl/bally-sports-regional-sports-networks-preparing-for-bankruptcy/ar-AA16Kvlz?li=BBnb7Kz