The only real "blackout" that exist in sports to protect the local live gate, AFAIK, that remains is the Indy 500.That's crazy. It's like "honey, since they won't show the Giants here on TV, let's hop in the car and drive 550 miles to see them in person". Who does that? What is the point of that blackout?
Going thru the Court’s decision on twitter, they have until July 1 to pay in full the Angels, Braves, Cardinals, D-backs, Guardians, Padres, Rangers, Reds, and Twins.
If not paid, they are free to go.
The Brewers, Marlins, Angels, Royals, and Tigers are paid up and if I remember correctly, those are the teams they have streaming rights for.
I fully expect this to turn into a Chapter 7 since they do not have enough cash to pay the NBA and NHL teams.
Usually out of Bankruptcy, companies get a loan since they cleared a lot of that debt in Chapter 11, but I really doubt they would be able to get one in today’s world.
Yep, they were loaned $10 Billion to buy the RSNs, I believe a little over $8 billion still owed, after they go Chapter 7, there are no real assets left, channels will just go away, no buyers out there for them since what is going on with cord cutting, even if they were purchased, all the sports team will have already left.Infuriating that Sinclair was able to spin this division off and stiff all their creditors.