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Diamond Sports Group, the Sinclair subsidiary that controls the regional sports networks for 42 teams across Major League Baseball, the National Hockey League and the National Basketball Association, announced that it has filed for Chapter 11 bankruptcy on Tuesday night, three days before the end of a 30-day grace period it entered into with creditors.

As part of a news release, Diamond, which has more than $8 billion in debt, said it “intends to use the proceedings to restructure and strengthen its balance sheet” and that the RSNs “will continue to operate in the ordinary course during the Chapter 11 process.” The company added that it possesses $425 million of cash in order to continue funding its business during the process.

MLB, whose teams draw significant revenues from its RSN deals with companies like Sinclair, is the most directly impacted by Diamond’s situation, given that its season will begin in less than three weeks. Diamond owns the rights to 14 major league teams and must continue to pay them their rights fees; otherwise, teams would be free to break their contracts, at which point MLB might take over broadcasting duties

To this point, Diamond has made payments to all its teams except the Arizona Diamondbacks, with whom they recently entered a contractual grace period. Other teams with Diamond, which run their broadcasts under the name Bally, include: the Detroit Tigers; Miami Marlins; Cleveland Guardians; Kansas City Royals; St. Louis Cardinals; Minnesota Twins; Cincinnati Reds; San Diego Padres; Los Angeles Angels; Atlanta Braves; Texas Rangers; Tampa Bay Rays; and Milwaukee Brewers.

MLB issued a statement on Tuesday night, calling the bankruptcy declaration an “unfortunate development” but assuring fans that they will not miss their team’s games this season.

“Despite Diamond’s economic situation, there is every expectation that they will continue televising all games they are committed to during the bankruptcy process,” the statement read. “Major League Baseball is ready to produce and distribute games to fans in their local markets in the event that Diamond or any other regional sports network is unable to do so as required by their agreement with our Clubs.”

The statement mentioned MLB’s experience with streaming live games on MLB.tv and producing games for MLB Network as proof of its capability “to deliver games to fan uninterrupted.”

“We think it will be both linear in the traditional cable bundle and digitally on our own platforms,” MLB commissioner Rob Manfred said of what it would look like if MLB takes on the responsibility of airing games in local markets at the onset of spring training. “But that remains to be seen.”

Sinclair, with Diamond acting as a subsidiary, purchased the RSNs from Fox in 2019, after Disney was forced to sell them off, for $10.6 billion. In the process, though, the company took on roughly $8 billion in debt, putting itself in a precarious position as the rate of cord-cutters increased.

Diamond, which initially began its grace period after skipping a $140 million interest-only payment to creditors in the middle of February, announced Tuesday it will now separate its business from Sinclair and become a standalone company. During bankruptcy proceedings, Diamond’s debt will turn into equity for its secured creditors.

The goal, a source familiar with the situation said, is for the company to acquire streaming rights for all 14 of its major league teams in order to broadcast games both through a linear cable model and on direct-to-consumer platforms. At the moment, Diamond has rights to stream the games to just five teams. It would have to negotiate the other nine with MLB, but MLB has previously been hesitant to sign off on additional rights for a company that has yet to prove itself financially sustainable.

Diamond’s filing was made through the U.S. Bankruptcy Court for the Southern District of Texas. In a statement, Diamond CEO David Preschlack wrote that the restructuring process “will allow [Diamond] to evolve our business while continuing to provide exceptional live sports productions for our fans.”

“With the support of our creditors,” Preschlack added, “we expect to execute a prompt and efficient reorganization and to emerge from the restructuring process as a stronger company.”

Diamond’s hope to building a sustainable business, a source said, is to prop up its Bally Sports+ streaming platform, ideally by making it a one-stop shop for fans to also purchase tickets and merchandise, place bets and read up on their teams. Diamond owns streaming rights for all 16 of its NBA teams and all 12 of its NHL teams, but for only about a third of its MLB teams.

Through the restructuring process, Diamond is widely expected to shed the contracts of its less-profitable teams. Not being able to acquire direct-to-consumer rights, which was part of the reason it entered into a grace period with the D-backs, will factor into which teams it chooses to hold onto.

MLB’s long-term goal, a source familiar with the league’s thinking said, is to control the rights for all its teams under one umbrella, a circumstance that could end the blackout issues that have plagued the sport in recent years. Diamond’s bankruptcy proceedings — in addition to Warner Bros. Discovery, which broadcasts the Pittsburgh Pirates, Houston Astros and Colorado Rockies, informing teams it will soon go through a liquidation — marks the beginning of that process.

In the short-term, MLB would broadcast the games of teams who end their contracts with Diamond both through their MLB.tv application and on a yet-to-be-determined cable channel. In anticipation of a development like this, MLB announced at the start of March that it had created a new local media department, headed by Billy Chambers, Sinclair’s former chief financial officer.

All team broadcasts, sources said, are expected to continue on as normal at the start of the season because Diamond is expected to keep broadcasting games while teams go through the court process of breaking free from their contracts after missed payments. The question becomes which teams Diamond will shed — the New York Post previously reported that the D-backs, Reds, Guardians and Padres will be among them — and how MLB approaches the situation thereafter.

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Buffs coach: Stars ‘should be going 1-2’ in draft

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Buffs coach: Stars 'should be going 1-2' in draft

BOULDER, Colo. — For the horde of NFL talent evaluators and some bleachers full of fans, Colorado coach Deion Sanders said Friday that they all got to see the top two players available in this year’s NFL draft.

Quarterback Shedeur Sanders and Heisman Trophy winner Travis Hunter were among the 16 Colorado players who took part in the school’s showcase event for scouts, coaches and personnel executives from every NFL team. And Deion Sanders said the two marquee players confirmed what he has known for a long time.

“It’s tremendous,” Sanders said. “… They should be going 1-2 [in the draft], that’s the way I feel about it. They are the two best players in this draft. … The surest bets in this draft are those two young men, and I didn’t stutter or stammer when I said that.”

Neither Shedeur Sanders nor Hunter took part in most of the position drills or physical testing, but Sanders had a throwing session for just under an hour and Hunter was one of the wide receivers who participated. Neither player worked out at the scouting combine earlier this year, so it was the first time Sanders had thrown in such a setting since the end of the season. He showed some full seven-step drops and play-action from the shotgun and under center.

“I think I did pretty good, to my expectations,” said Sanders, who set the career FBS accuracy mark in his two years at Colorado (71.8%) to go with his 4,134 passing yards and 37 touchdowns last season. “I know I did the best in college football right now, for sure.”

Asked after the throwing session whether he believed he was the best quarterback in the draft, Sanders said: “I feel like I’m the No. 1 quarterback, and that’s what I know. But at the end of the day, I’m not stuck on that because it’s about the situation, so whatever situation, whatever franchise believes in me, I’m excited to go. … I’m comfortable in any situation.”

Players Hunter, who did not speak to the media after the workout, and Sanders met with the Cleveland Browns contingent, including team co-owner Jimmy Haslam, on Thursday night in Boulder.

“They got me really full,” Sanders said. “I definitely needed to go to the sauna after that. … It was a good vibe.”

Said Deion Sanders said: “[I] spoke to the owner, truly delightful. He was engaging. … I think one of those guys is going to be there [at No. 2].”

Hunter, the No. 1 player on Mel Kiper Jr.’s Big Board, did not do any defensive drills Friday, but he ran a full assortment of routes.

Colorado safety Shilo Sanders, Shedeur’s brother, offered plenty of encouragement, shouting commentary and clapping after each throw, including “not a lot of quarterbacks can make that throw” after one deep completion.

The highly attended event — by NFL representatives as well as fans packing small bleachers — had a festive atmosphere. Deion Sanders named it the “We Ain’t Hard 2 Find Showcase,” complete with a large lighted “The Showcase” sign next to the drills.

Hunter, who has said he wants to play offense and defense in the NFL, won the Chuck Bednarik (top defensive player) and Fred Biletnikoff (top receiver) awards in addition to the Heisman. He said whether he will primarily be a wide receiver or a cornerback in the NFL depends “on the team that picks me.”

On Friday, Deion Sanders said “ain’t nobody like Travis.”

Hunter had 96 catches for 1,258 yards and 15 touchdowns as a receiver last season to go with 35 tackles, 11 pass breakups and 4 interceptions at cornerback. In the Buffaloes’ regular-season finale against Oklahoma State, he became the only FBS player in the past 25 years with three scrimmage touchdowns on offense and an interception in the same game, according to ESPN Research.

He played 1,380 total snaps in Colorado’s 12 regular-season games: 670 on offense, 686 on defense and 24 on special teams. He played 1,007 total snaps in 2023.

Shilo Sanders, who hoped to show teams more speed than expected, ran a 4.52 40-yard dash after he measured in at 5-foot-11⅞, 196 pounds. He did not participate in the jumps or bench press that opened the workout, citing a right shoulder injury.

With all NFL eyes on the Colorado campus to see Shedeur Sanders throw, one player who made the most of it was wide receiver Will Sheppard. Sheppard, who measured 6-2¼, 196 pounds, ran the 40 in 4.56 and 4.54 to go with a 40½-inch vertical jump and a 10-foot-11 broad jump.

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O’s Henderson off IL; will make ’25 debut vs. KC

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O's Henderson off IL; will make '25 debut vs. KC

Baltimore Orioles All-Star shortstop Gunnar Henderson was activated from the 10-day injured list and will make his season debut Friday night against the Kansas City Royals.

Henderson has been sidelined with a right intercostal strain and missed the first seven games of the big league campaign.

The 23-year-old Henderson will lead off and play shortstop against the host Royals.

Henderson was injured during a spring training game Feb. 27. He was fourth in American League MVP voting last season when he batted .281 and racked up career bests of 37 homers and 92 RBIs.

Henderson completed a five-game rehab stint at Triple-A Norfolk on Wednesday. He batted .263 (5-for-19) with two homers and four RBIs and played four games at shortstop and one as the designated hitter. He did commit three errors.

“I think everybody’s looking forward to having Gunnar back on the team,” Baltimore manager Brandon Hyde said Thursday. “The rehab went really, really well. I talked to him a couple days ago, he feels great swinging the bat. The timing came, especially the last few days. He just had to get out there and get some reps defensively and get some games in, and it all went well.”

Baltimore optioned outfielder Dylan Carlson to Triple-A Norfolk to open up a roster spot. The 26-year-old was 0-for-4 with a run and RBI in two games this season.

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Life after OMG: Can 2025 Mets replicate their 2024 vibes?

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Life after OMG: Can 2025 Mets replicate their 2024 vibes?

When New York Mets president of baseball operations David Stearns attempted to assemble the best possible roster for the 2025 season this winter, the top priority was signing outfielder Juan Soto. Next was the need to replenish the starting rotation and bolster the bullpen. Then, days before pitchers and catchers reported for spring training, the lineup received one final significant reinforcement when first baseman Pete Alonso re-signed.

Acquiring a player with a singing career on the side didn’t make the cut.

“No, that is not on the list,” Stearns said with a smile.

Stearns’ decision not to re-sign Jose Iglesias, the infielder behind the mic for the viral 2024 Mets anthem “OMG,” was attributed to creating more roster flexibility. But it also hammered home a reality: The scrappy 2024 Mets, authors of a magical summer in Queens, are a thing of the past. The 2025 Mets, who will report to Citi Field for their home opener Friday, have much of the same core but also some prominent new faces — and the new, outsized expectations that come with falling two wins short of the World Series, then signing Soto to the richest contract in professional sports history.

But there’s a question surrounding this year’s team that you can’t put a price tag on: Can these Mets rekindle the magic — the vibes, the memes, the feel-good underdog story — that seemed to come out of nowhere to help carry them to Game 6 of the National League Championship Series last season?

“Last year the culture was created,” Mets shortstop Francisco Lindor said. “It’s a matter of continuing it.”

For all the success Stearns has engineered — his small-market Milwaukee Brewers teams reached the postseason five times in eight seasons after he became the youngest general manager in history in 2015 — the 40-year-old Harvard grad, like the rest of his front office peers knows there’s no precise recipe for clubhouse chemistry. There is no culture projection system. No Vibes Above Replacement.

“Culture is very important,” Stearns said last weekend in the visiting dugout at Daikin Park before his club completed an opening-weekend series against the Houston Astros. “Culture is also very difficult to predict.”

Still, it seems the Mets’ 2024 season will be all but impossible to recreate.

There was Grimace, the purple McDonald’s blob who spontaneously became the franchise’s unofficial mascot after throwing out a first pitch in June. “OMG,” performed under Iglesias’ stage name, Candelita, debuted at No. 1 on the Billboard Latin Digital Songs chart, before a remix featuring Pitbull was released in October. Citi Field became a karaoke bar whenever Lindor stepped into the batter’s box with The Temptations’ “My Girl” as his walk-up song. Alonso unveiled a lucky pumpkin in October. They were gimmicks that might have felt forced if they hadn’t felt so right.

“I don’t know if what we did last year could be replicated because it was such a chaos-filled group,” Mets reliever Ryne Stanek said. “I don’t know if that’s replicable because there’s just too many things going on. I don’t know if that’s a sustainable model. But I think the expectation of winning is really important. I think establishing what we did last year and coming into this year where people are like, ‘Oh, no, that’s what we’re expecting to do,’ makes it different. It’s always a different vibe whenever you feel like you’re the hunter versus being the hunted.”

For the first two months last season, the Mets were terrible hunters. Lindor was relentlessly booed at Citi Field during another slow start. The bullpen got crushed. The losses piled up. The Mets began the season 0-5 and sunk to rock bottom on May 29 when reliever Jorge Lopez threw his glove into the stands during a 10-3 loss to the Los Angeles Dodgers that dropped the team to 22-33.

That night, the Mets held a players-only meeting. From there, perhaps coincidentally, everything changed. The Mets won the next day, and 67 of their final 107 games.

This year, to avoid an early malaise and to better incorporate new faces like Soto and Opening Day starter Clay Holmes, players made it a point to hold meetings during spring training to lay a strong foundation.

“At the end of the day, we know who we are and that’s the beauty of our club,” Alonso said. “Not just who we are talent-wise, but who each individual is as a man and a personality. For us, our major, major strength is our collective identity as a unit.”

Organizationally, the Mets are attempting a dual-track makeover: Becoming perennial World Series contenders while not taking themselves too seriously.

The commemorative purple Grimace seat installed at Citi Field in September — Section 302, Row 6, Seat 12 in right field — remains there as part of a two-year contract. Last week, the franchise announced it will feature a New York-city themed “Five Borough” race at every home game — with a different mascot competing to represent each borough. For a third straight season, USA Today readers voted Citi Field — home of the rainbow cookie egg roll, among many other innovative treats — as having the best ballpark food in baseball.

In the clubhouse, their identity is evolving.

“I’m very much in the camp that you can’t force things,” Mets starter Sean Manaea said. “I mean, you can, but you don’t really end up with good results. And if you wait for things to happen organically, then sometimes it can take too long. So, there’s like a nudging of sorts. It’s like, ‘Let’s kind of come up with something, but not force it.’ So there’s a fine balance there and you just got to wait and see what happens.”

Stearns believes it starts with what the Mets can control: bringing positive energy every day and fostering a family atmosphere. It’s hard to quantify, but vibes undoubtedly helped fuel the Mets’ 2024 success. It’ll be a tough act to follow.

“It’s fluid,” manager Carlos Mendoza said. “I like where guys are at as far as the team chemistry goes and things like that and the connections and the relationships. But it’ll continue to take some time. And winning helps, clearly.”

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