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Diamond Sports Group, which owns 19 regional sports networks (RSNs), has ventured into bankruptcy, a predictable development that will nonetheless have a major impact on the way fans watch games and the way teams profit off them.

Diamond, a Sinclair subsidiary that is known to viewers as Bally Sports, stands as the largest distributor of live sports within the United States — and it is in serious financial turmoil. The company took on $8 billion of debt to acquire the RSNs in 2019, watched as the rate of cord-cutting accelerated throughout the country and was forced to file for a Chapter 11 restructuring last week.

It’s a situation that promises to have wide-ranging effects, particularly, given the timing, within Major League Baseball. What does it mean for fans? For the future of live programming? For sports? Answers to some of the most pertinent questions — including, yes, blackouts — are below.

Which teams does this affect? Will fans be able to watch their games?

Diamond Sports Group runs the RSNs for 42 teams across MLB (14 teams), the NHL (12 teams) and the NBA (16 teams). The latter two leagues are navigating the tail end of their respective seasons, leaving time for this process to play out. MLB, however, is less than two weeks away from Opening Day, creating a heightened sense of urgency. But both MLB and Diamond Sports Group have been adamant that fans won’t miss any of their games.

Bally Sports broadcasts the Arizona Diamondbacks, Atlanta Braves, Cincinnati Reds, Cleveland Guardians, Detroit Tigers, Kansas City Royals, Los Angeles Angels, Miami Marlins, Milwaukee Brewers, Minnesota Twins, San Diego Padres, St. Louis Cardinals, Tampa Bay Rays and Texas Rangers.

Diamond Sports Group’s CEO, David Preschlack, who was hired in December, wrote in a statement last Tuesday that the company “will continue broadcasting games and connecting fans across the country with the sports and teams they love.” MLB, in its own statement, wrote: “Despite Diamond’s economic situation, there is every expectation that they will continue televising all games they are committed to during the bankruptcy process. 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.”

If MLB needs to take over the broadcasts, how would it work?

Some of the details are still uncertain. Some have questioned whether MLB has the capability to take over broadcasting duties if it comes to that, but MLB appears confident it can pull it off. The details are still a bit hazy, but the league recently started a local media division, fronted by Billy Chambers, Sinclair’s former chief financial officer. The short-term plan would be to offer streaming through its MLB.TV app at a yet-to-be-determined price (it’ll be cheaper than the current price to stream out-of-market games, according to a league source) and also air games on a yet-to-be-determined cable channel.

MLB would have to negotiate deals with cable companies to make the latter happen. That would take time, but a league source downplayed that factor, pointing to how long Diamond’s financial unraveling has been anticipated. Putting together games also requires a lot of employees (producers, camera operators, broadcasters, etc.). MLB, a league source said, might turn to a lot of the people who worked those jobs for Bally Sports in their respective markets, many of whom do so on a freelance basis.

So … what happens next? How long until we know where the 14 teams will end up?

A lot could happen really fast. Between now and April 30, 13 of the 14 teams under the Bally Sports umbrella are owed their rights fees, an industry source said, potentially forcing a lot of quick decisions from Diamond Sports Group and its creditors.

In order to remain in business, Diamond needs to maintain agreements with at least some of its teams. And in order to maintain those agreements, they need to, well, pay them. Skipping payments would allow said teams to break free from their contracts, as MLB commissioner Rob Manfred mentioned last month.

A breach of contract triggers a court hearing, and that process can take anywhere from a few days to a few months. While that is playing out, Diamond would be incentivized to continue airing games because it would be generating subscription revenue without having to pay rights fees.

But there’s a good chance that Diamond’s creditors eventually decide to drop some of the least profitable teams from the portfolio. In that case, MLB would need to step in. A league source anticipates that MLB will handle broadcasting for at least five teams in the very near future. So far, Diamond Sports Group has missed payments to the D-backs and, more recently, the Padres, triggering the contractual grace period that will probably lead to MLB taking over.

Can MLB really get the rights to the Bally Sports teams so quickly?

The answer to that question will be dictated entirely by what Diamond Sports Group decides to do with its portfolio. Long term, the company hopes to build a more stable business by propping up its direct-to-consumer platform, Bally Sports+. But streaming rights are needed. Diamond Sports Group has the right to stream for all 16 of its NBA teams and for all 12 of its NHL teams. But it can only do so with five of the 14 MLB teams — the Royals, Brewers, Rays, Marlins and Tigers, all of which are smaller-market clubs. It wants to acquire streaming rights for the nine other teams and eventually turn its platform into a one-stop shop for fans, where they can also purchase tickets, buy merchandise and place bets.

But MLB, sources said, has been unwilling to provide more streaming rights to a company that has not proved to be financially stable. MLB has no intention of also offering the rights to sell tickets or merchandise to Diamond Sports Group, essentially turning the company into a direct competitor.

The bankruptcy proceedings will turn Diamond’s debt into equity for its largest secured creditors. Those creditors will essentially run the company, and not securing streaming rights is expected to significantly influence which teams those creditors decide to hold onto and which teams they decide to shed. We’ve already seen the beginning of this play out with the D-backs and Padres. Other teams will follow.

Could this ultimately mean the end of blackouts?

Potentially. Here’s how it would work, in an ideal sense: As teams free themselves from their RSN contracts, either intentionally when their deals expire or unintentionally when they’re not paid what’s owed to them, MLB would absorb them one by one. At that point, it can air games, say, on its Extra Innings channel (the long-term plan would be to regionalize MLB Network) and also through MLB.TV for local fans, since there would no longer be a competitor in the local market blocking them from doing so.

It isn’t quite so simple, and it would require making deals with cable companies that also provide internet service. But MLB seems confident it can pull it off. In order to wipe blackouts out entirely, MLB needs to secure the television rights to all 30 teams. At the moment, it has the rights to zero — and that will be the case as long as Diamond continues to meet its contractual obligations. However, several sources within MLB and those knowledgeable on the RSN industry predict that soon teams will start to be shed, with Diamond’s creditors eliminating the less profitable ones.

How will all of this affect the product on the field — revenue, payrolls, etc.?

In the short term, it won’t have any impact; payrolls are set, contracts are fully guaranteed.

Long term … well, that’s what’s causing concern.

In the aggregate, major league teams draw somewhere in the neighborhood of 20% of their revenue through their RSN deals, many of which are robust (for example, near the end of 2011, the Angels signed a 20-year deal worth a reported $3 billion with what was then Fox). Diamond’s financial turmoil — and more broadly the continual erosion of the traditional cable model — promises to alter the financial landscape of the sport. Teams are all but guaranteed to generate less revenue because of it in the short term — but MLB is hopeful that the trade-off will be long-term gains.

The league’s ultimate goal is to place broadcasting rights — both through the linear cable model and on over-the-top platforms — under one umbrella. This has long been MLB’s plan; Diamond’s Chapter 11 filing simply put the wheels in motion a little earlier than the league would have wanted.

When all games are broadcast on streaming platforms, which many consider an inevitability, the league would aim to create a direct line to revenue from subscriptions and advertising, while also hoping to strike deals with other streaming companies. Under a model like this, all the revenue would essentially fall in one bucket, and it would be up to the 30 owners — and the MLB Players’ Association is also going to want to be involved — to determine how it gets split up.

A league source, pointing to the rapid rate at which the traditional cable model is deteriorating, predicted that all 30 teams would fall under its umbrella within two to three years. But some league executives believe that highly profitable big-market teams such as the New York Yankees and Boston Red Sox, both of whom own their networks, would never agree to that type of structure.

Speaking of the Yankees and Red Sox, what’s the status of the 16 teams NOT involved with Diamond Sports Group?

Four teams — the Colorado Rockies, Houston Astros, Pittsburgh Pirates and, to a lesser extent, Seattle Mariners — are under Warner Bros. Discovery, which previously revealed plans to shed its RSN commitments by the end of the month, creating a completely different scenario. (The other 12 major league teams are with broadcasting companies that, at least for now, are stable.)

Warner Bros. Discovery announced in late February that it was planning to exit the regional sports business, saying teams had until the end of March to reclaim their media rights or the company would move into a Chapter 7 liquidation. The company, a league source said, has been a cooperative partner through the process. The expectation is that broadcasts for the Pirates, Rockies and Astros will be unchanged in 2023. In 2024, they’ll fold into MLB’s broader strategy. The Mariners, meanwhile, run their own RSN and pay Warner Bros. Discovery a service fee to operate it for them. They are expected to be unaffected.

For now.

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Remembering Ruffian 50 years after her breakdown at Belmont

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Remembering Ruffian 50 years after her breakdown at Belmont

Thoroughbred racing suffered its most ignominious, industry-deflating moment 50 years ago today with the breakdown of Ruffian, an undefeated filly running against Foolish Pleasure in a highly promoted match race at Belmont Park. Her tragic end on July 6, 1975, was a catastrophe for the sport, and observers say racing has never truly recovered.

Two years earlier, during the rise of second-wave feminism, the nation had been mesmerized by a “Battle of the Sexes” tennis match between Billie Jean King and Bobby Riggs. King’s win became a rallying cry for women everywhere. The New York Racing Association, eager to boost daily racing crowds in the mid-1970s, proposed a competition similar to that of King and Riggs. They created a match race between Kentucky Derby winner Foolish Pleasure and Ruffian, the undefeated filly who had dominated all 10 of her starts, leading gate to wire.

“In any sport, human or equine, it’s really impossible to say who was the greatest,” said outgoing Jockey Club chairman Stuart Janney III, whose parents, Stuart and Barbara, owned Ruffian. “But I’m always comfortable thinking of Ruffian as being among the four to five greatest horses of all time.”

Ruffian, nearly jet black in color and massive, was the equine version of a Greek goddess. At the age of 2, her girth — the measurement of the strap that secures the saddle — was just over 75 inches. Comparatively, racing legend Secretariat, a male, had a 76-inch girth when he was fully developed at the age of 4.

Her name also added to the aura. “‘Ruffian’ was a little bit of a stretch because it tended to be what you’d name a colt, but it turned out to be an appropriate name,” Janney said.

On May 22, 1974, Ruffian equaled a Belmont Park track record, set by a male, in her debut at age 2, winning by 15 lengths. She set a stakes record later that summer at Saratoga in the Spinaway, the most prestigious race of the year for 2-year-old fillies. The next spring, she blew through races at longer distances, including the three races that made up the so-called Filly Triple Crown.

Some in the media speculated that she had run out of female competition.

Foolish Pleasure had meanwhile ripped through an undefeated 2-year-old season with championship year-end honors. However, after starting his sophomore campaign with a win, he finished third in the Florida Derby. He also had recovered from injuries to his front feet to win the Wood Memorial and then the Kentucky Derby.

Second-place finishes in the Preakness and Belmont Stakes left most observers with the idea that Foolish Pleasure was the best 3-year-old male in the business.

Following the Belmont Stakes, New York officials wanted to test the best filly against the best colt.

The original thought was to include the Preakness winner, Master Derby, in the Great Match Race, but the team of Foolish Pleasure’s owner, trainer and rider didn’t want a three-horse race. Since New York racing had guaranteed $50,000 to the last-place horse, they paid Master Derby’s connections $50,000 not to race. Thus, the stage was set for an equine morality play.

“[Ruffian’s] abilities gave her the advantage in the match race,” Janney said. “If she could do what she did in full fields [by getting the early lead], then it was probably going to be even more effective in a match.”

Several ballyhooed match races in sports history had captured the world’s attention without incident — Seabiscuit vs. Triple Crown winner War Admiral in 1938, Alsab vs. Triple Crown winner Whirlaway in 1942, and Nashua vs. Swaps in 1955. None of those races, though, had the gender divide “it” factor.

The Great Match Race attracted 50,000 live attendees and more than 18 million TV viewers on CBS, comparable to the Grammy Awards and a pair of NFL “Sunday Night Football” games in 2024.

Prominent New York sportswriter Dick Young wrote at the time that, for women, “Ruffian was a way of getting even.”

“I can remember driving up the New Jersey Turnpike, and the lady that took the toll in one of those booths was wearing a button that said, ‘I’m for her,’ meaning Ruffian,” Janney said.

As the day approached, Ruffian’s rider, Jacinto Vasquez, who also was the regular rider of Foolish Pleasure including at the Kentucky Derby, had to choose whom to ride for the match race.

“I had ridden Foolish Pleasure, and I knew what he could do,” Vasquez told ESPN. “But I didn’t think he could beat the filly. He didn’t have the speed or stamina.”

Braulio Baeza, who had ridden Foolish Pleasure to victory in the previous year’s premier 2-year-old race, Hopeful Stakes, was chosen to ride Foolish Pleasure.

“I had ridden Foolish Pleasure and ridden against Ruffian,” Baeza said, with language assistance from his wife, Janice Blake. “I thought Foolish Pleasure was better than Ruffian. She just needed [early race] pressure because no one had ever pressured her.”

The 1⅛ mile race began at the start of the Belmont Park backstretch in the chute. In an ESPN documentary from 2000, Jack Whitaker, who hosted the race telecast for CBS, noted that the atmosphere turned eerie with dark thunderclouds approaching before the race.

Ruffian hit the side of the gate when the doors opened but straightened herself out quickly and assumed the lead. “The whole world, including me, thought that Ruffian was going to run off the screen and add to her legacy,” said longtime New York trainer Gary Contessa, who was a teenager when Ruffian ruled the racing world.

However, about ⅛ of a mile into the race, the force of Ruffian’s mighty strides snapped two bones in her front right leg.

“When she broke her leg, it sounded like a broken stick,” Vasquez said. “She broke her leg between her foot and her ankle. When I pulled up, the bone was shattered above the ankle. She couldn’t use that leg at all.”

It took Ruffian a few moments to realize what had happened to her, so she continued to run. Vasquez eventually hopped off and kept his shoulder leaning against her for support.

“You see it, but you don’t want to believe it,” Janney said.

Baeza had no choice but to have Foolish Pleasure finish the race in what became a macabre paid workout. The TV cameras followed him, but the eyes of everyone at the track were on the filly, who looked frightened as she was taken back to the barn area.

“When Ruffian broke down, time stood still that day,” Contessa said. Yet time was of the essence in an attempt to save her life.

Janney said that Dr. Frank Stinchfield — who was the doctor for the New York Yankees then and was “ahead of his time in fixing people’s bones” — called racing officials to see whether there was anything he could do to help with Ruffian.

New York veterinarian Dr. Manny Gilman managed to sedate Ruffian, performed surgery on her leg and, with Stinchfield’s help, secured her leg in an inflatable cast. When Ruffian woke up in the middle of the night, though, she started fighting and shattered her bones irreparably. Her team had no choice but to euthanize her at approximately 2:20 a.m. on July 7.

“She was going full bore trying to get in front of [Foolish Pleasure] out of the gate,” Baeza said. “She gave everything there. She gave her life.”

Contessa described the time after as a “stilled hush over the world.”

“When we got the word that she had rebroken her leg, the whole world was crying,” Contessa said. “I can’t reproduce the feeling that I had the day after.”

The Janneys soon flew to Maine for the summer, and they received a round of applause when the pilot announced their presence. At the cottage, they were met by thousands of well-wishing letters.

“We all sat there, after dinner every night, and we wrote every one of them back,” Janney said. “It was pretty overwhelming, and that didn’t stop for a long time. I still get letters.”

Equine fatalities have been part of the business since its inception, like the Triple Crown races and Breeders’ Cup. Some have generated headlines by coming in clusters, such as Santa Anita in 2019 and Churchill Downs in 2023. However, breakdowns are not the only factor, and likely not the most influential one, in the gradual decline of horse racing’s popularity in this country.

But the impact from the day of Ruffian’s death, and that moment, has been ongoing for horse racing.

“There are people who witnessed the breakdown and never came back,” Contessa said.

Said Janney: “At about that time, racing started to disappear from the national consciousness. The average person knows about the Kentucky Derby, and that’s about it.”

Equine racing today is a safer sport now than it was 50 years ago. The Equine Injury Database, launched by the Jockey Club in 2008, says the fatality rate nationally in 2024 was just over half of what it was at its launch.

“We finally have protocols that probably should have been in effect far sooner than this,” Contessa said. “But the protocols have made this a safer game.”

Said Vasquez: “There are a lot of nice horses today, but to have a horse like Ruffian, it’s unbelievable. Nobody could compare to Ruffian.”

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Volpe toss hits Judge as sloppy Yanks fall again

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Volpe toss hits Judge as sloppy Yanks fall again

NEW YORK — A blunder that typifies the current state of the New York Yankees, who find themselves in the midst of their second six-game losing streak in three weeks, happened in front of 41,401 fans at Citi Field on Saturday, and almost nobody noticed.

The Yankees were jogging off the field after securing the third out of the fourth inning of their 12-6 loss to the Mets when shortstop Anthony Volpe, as is standard for teams across baseball at the end of innings, threw the ball to right fielder Aaron Judge as he crossed into the infield from right field.

Only Judge wasn’t looking, and the ball nailed him in the head, knocking his sunglasses off and leaving a small cut near his right eye. The wound required a bandage to stop the bleeding, but Judge stayed in the game.

“Confusion,” Yankees manager Aaron Boone said. “I didn’t know what happened initially. [It just] felt like something happened. Of course I was a little concerned.”

Avoiding an injury to the best player in baseball was on the Yankees’ very short list of positives in another sloppy, draining defeat to their crosstown rivals. With the loss, the Yankees, who held a three-game lead over the Toronto Blue Jays in the American League East standings entering June 30, find themselves tied with the Tampa Bay Rays for second place three games behind the Blue Jays heading into Sunday’s Subway Series finale.

The nosedive has been fueled by messy defense and a depleted pitching staff that has encountered a wall.

“It’s been a terrible week,” said Boone, who before the game announced starter Clarke Schmidt will likely undergo season-ending Tommy John surgery.

For the second straight day, the Mets capitalized on mistakes and cracked timely home runs. After slugging three homers in Friday’s series opener, the Mets hit three more Saturday — a grand slam in the first inning from Brandon Nimmo to take a 4-0 lead and two home runs from Pete Alonso to widen the gap.

Nimmo’s blast — his second grand slam in four days — came after Yankees left fielder Jasson Dominguez misplayed a ball hit by the Mets’ leadoff hitter in the first inning. On Friday, he misread Nimmo’s line drive and watched it sail over his head for a double. On Saturday, he was slow to react to Starling Marte’s flyball in the left-center field gap and braked without catching or stopping it, allowing Marte to advance to second for a double. Yankees starter Carlos Rodon then walked two batters to load the bases for Nimmo, who yanked a mistake, a 1-2 slider over the wall.

“That slider probably needs to be down,” said Rodon, who allowed seven runs (six earned) over five innings. “A lot of misses today and they punished them.”

Jazz Chisholm Jr.’s throwing woes at third base — a position the Yankees have asked him to play to accommodate DJ LeMahieu at second base — continued in the second inning when he fielded Tyrone Taylor’s groundball and sailed a toss over first baseman Cody Bellinger’s head. Taylor was given second base and scored moments later on Marte’s RBI single.

The Yankees were charged with their second error in the Mets’ four-run seventh inning when center fielder Trent Grisham charged Francisco Lindor’s single up the middle and had it bounce off the heel of his glove.

The mistake allowed a run to score from second base without a throw, extending the Mets lead back to three runs after the Yankees had chipped their deficit, and allowed a heads-up Lindor to advance to second base. Lindor later scored on Alonso’s second home run, a three-run blast off left-hander Jayvien Sandridge in the pitcher’s major league debut.

“Just got to play better,” Judge said. “That’s what it comes down to. It’s fundamentals. Making a routine play, routine. It’s just the little things. That’s what it kind of comes down to. But every good team goes through a couple bumps in the road.”

This six-game losing skid has looked very different from the Yankees’ first. That rough patch, consisting of losses to the Boston Red Sox and Los Angeles Angels, was propelled by offensive troubles. The Yankees scored six runs in the six games and gave up just 16. This time, run prevention is the issue; the Yankees have scored 34 runs and surrendered 54 in four games against the Blue Jays in Toronto and two in Queens.

“The offense is starting to swing the bat, put some runs on the board,” Boone said. “The pitching, which has kind of carried us a lot this season, has really, really struggled this week. We haven’t caught the ball as well as I think we should.

“So, look, when you live it and you’re going through it, it sucks, it hurts. But you got to be able to handle it. You got to be able to deal with it. You got to be able to weather it and come out of this and grow.”

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Former White Sox pitcher, world champ Jenks dies

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Former White Sox pitcher, world champ Jenks dies

Bobby Jenks, a two-time All-Star pitcher for the Chicago White Sox who was on the roster when the franchise won the 2005 World Series, died Friday in Sintra, Portugal, the team announced.

Jenks, 44, who had been diagnosed with adenocarcinoma, a form of stomach cancer, this year, spent six seasons with the White Sox from 2005 to 2010 and also played for the Boston Red Sox in 2011. The reliever finished his major league career with a 16-20 record, 3.53 ERA and 173 saves.

“We have lost an iconic member of the White Sox family today,” White Sox chairman Jerry Reinsdorf said in a statement. “None of us will ever forget that ninth inning of Game 4 in Houston, all that Bobby did for the 2005 World Series champions and for the entire Sox organization during his time in Chicago. He and his family knew cancer would be his toughest battle, and he will be missed as a husband, father, friend and teammate. He will forever hold a special place in all our hearts.”

After Jenks moved to Portugal last year, he was diagnosed with a deep vein thrombosis in his right calf. That eventually spread into blood clots in his lungs, prompting further testing. He was later diagnosed with adenocarcinoma and began undergoing radiation.

In February, as Jenks was being treated for the illness, the White Sox posted “We stand with you, Bobby” on Instagram, adding in the post that the club was “thinking of Bobby as he is being treated.”

In 2005, as the White Sox ended an 88-year drought en route to the World Series title, Jenks appeared in six postseason games. Chicago went 11-1 in the playoffs, and he earned saves in series-clinching wins in Game 3 of the ALDS at Boston, and Game 4 of the World Series against the Houston Astros.

In 2006, Jenks saved 41 games, and the following year, he posted 40 saves. He also retired 41 consecutive batters in 2007, matching a record for a reliever.

“You play for the love of the game, the joy of it,” Jenks said in his last interview with SoxTV last year. “It’s what I love to do. I [was] playing to be a world champion, and that’s what I wanted to do from the time I picked up a baseball.”

A native of Mission Hills, California, Jenks appeared in 19 games for the Red Sox and was originally drafted by the then-Anaheim Angels in the fifth round of the 2000 draft.

Jenks is survived by his wife, Eleni Tzitzivacos, their two children, Zeno and Kate, and his four children from a prior marriage, Cuma, Nolan, Rylan and Jackson.

The Associated Press contributed to this report.

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