Major League Baseball is less than three weeks into its regular season, and five of the 14 teams under Diamond Sports Group’s umbrella are currently missing payments.
Clarity for four of those teams – all but the Reds – might not be determined until the final day of May, at the earliest, at which point a bankruptcy judge will hear Diamond’s claims that those teams should be paid a lesser fee to account for the deterioration of the traditional cable model. Diamond and the Reds, who partially own Bally Sports Ohio and are thus separate from the litigation, entered into a 15-day cure period after Monday’s missed payment. If Diamond doesn’t pay what it owes the Reds by the end of that period, the team would break free from its obligation and MLB would theoretically take over its broadcasts for the foreseeable future.
Diamond will continue to air all of the teams’ games while their situations remain unsettled, a representative of the company said – but that’s part of the problem.
In a filing on Monday, the Rangers stated that Diamond needs to “make reasonable interim payments for the rights they are using” and accused the company of using the threat of non-payment as a bargaining tool to secure streaming rights, which MLB has previously been hesitant to grant. Diamond only possesses the streaming rights for five major league teams and has said that obtaining the remaining rights is critical to running a more sustainable business in the current climate.
The Rangers, as well as the other three teams, have argued that Diamond should make its rights payments in the interim and that those payments can then be adjusted in the wake of the evidentiary meeting that is scheduled for May 31. Diamond has instead said it will place those rights fees – totaling tens of millions of dollars – in an escrow account and will hold off on making those payments for at least six more weeks. A hearing on Wednesday is expected to determine whether those four teams will be paid in the interim.
Diamond, the Sinclair subsidiary that took on more than $8 billion of debt to purchase 42 regional channels across MLB, the NBA and the NHL, filed for bankruptcy restructuring on March 14 and planned to use the process to determine which of its contracts it would maintain. The company missed its initial payment to the San Diego Padres but ultimately paid the team its rights fees on March 29, right before the expiration of its grace period.
On April 5, in the wake of missed payments to the Twins and Guardians, MLB filed an emergency motion to force Diamond to either pay teams their rights fees or release them from their contracts. The D-backs, whose rights payment was missed just before bankruptcy proceedings, meaning it got lumped in with the rest of the company’s debt, filed a similar motion on their behalf. The Rangers, who previously filed a notice of default and termination in the event Diamond becomes insolvent, have since been added to the mix.
Teams are free to break from their contracts with Diamond after a rights fee is missed and the subsequent grace period, typically lasting somewhere between seven and 15 days, expires. That situation applies to the Reds, whose grace period is set to expire on May 2, but the Rangers, D-backs, Twins and Guardians will have to wait a bit longer.
MLB, specifically Commissioner Rob Manfred, has stated that it is in position to immediately pick up the broadcasts for teams once they fall off from Diamond and will do so by providing both a streaming option and a way to watch the games through the traditional cable model. Through that process, blackouts would thus be eliminated within the respective markets. MLB has yet to pick up any broadcasts but believes, based on the rapid rate at which consumers are ditching their cable subscriptions, that it will possess the vast majority of teams’ rights under its umbrella within two to three years.
Nick Kurtz of the Athletics became the first rookie in Major League Baseball history to hit four home runs in a game, part of a spectacular Friday night for the 22-year-old that will go down as one of the greatest offensive displays the sport has seen.
Kurtz also matched the MLB record with 19 total bases in the 15-3 triumph against the Astros in Houston.
“It’s arguably the best game I’ve ever watched from a single player,” Athletics manager Mark Kotsay said. “This kid continues to have jaw-dropping moments.”
Kurtz didn’t make an out all night, going deep in the second, sixth, eighth and ninth innings. He also doubled — a 381-foot drive that would have been out in six major league ballparks — and singled on his 6-for-6 night to equal Shawn Green, who had four homers, six hits and 19 total bases for the Los Angeles Dodgers on May 23, 2002 at Milwaukee.
Kurtz and Green are the only players with six hits in a four-homer game.
“It’s hard to think about this day being kind of real, it still feels like a dream,” Kurtz said in a postgame television interview. “So it’s pretty remarkable. I’m kind of speechless. Don’t really know what to say.”
It was the 20th four-homer game in major league history and second this season. Arizona’s Eugenio Suárez did it on April 26 against Atlanta. No player has ever hit five home runs in a game.
Kurtz finished with eight RBIs and six runs scored.
The 6-foot-5, 22-year-old slugger has 23 homers in 66 games this season. The fourth pick in last year’s amateur draft out of Wake Forest, he made his major league debut April 23 and hit his first homer May 13.
He is the youngest player with a four-homer game. Pat Seerey of the Chicago White Sox was 25 when he homered four times on July 18, 1948.
“This is the first time my godparents have been here, so they probably have to come in the rest of the year,” Kurtz said. “My parents flew in today. They’ve been here a bunch, but it was cool to have some family here for that.”
On Friday, Kurtz homered off each of the Astros’ four pitchers: Ryan Gusto, Nick Hernandez, Kaleb Ort and outfielder Cooper Hummel, who worked the ninth with the game out of hand. His longest drive was his third, a 414-foot solo shot off Ort in the eighth.
For his fourth homer, Kurtz hit an opposite-field line drive to the Crawford Boxes in left field on a 77 mph, 2-0 pitch from Hummel. The three-run shot made it 15-2.
“With a positional player on the mound, I’m just trying to move the ball forward,” Kurtz said. “You don’t want to be the guy that strikes out. That’s only my second at bat ever off a positional player, so I don’t know. Just trying to move the ball forward and get something that I can touch, and I hit another one.”
Kurtz’s double in the fourth inning hit just below the yellow line over the visitor’s bullpen, narrowly missing what would have been a fifth homer.
“Everybody was just like, laughing,” A’s shortstop Jacob Wilson said. “How is he doing it? This is not normal. He’s playing a different sport than us right now. It’s not baseball, it’s just T-ball what he’s doing right now.”
With the baseballs from his last two homers inside a plastic bag at his locker, Kurtz signed scorecards from all four A’s broadcasters and a lineup card. One of the scorecards and a bat were bound for the Baseball Hall of Fame.
Kurtz has been the best hitter in the majors in July, ranking first in batting average (.425), on-base percentage (.494), slugging percentage (1.082), runs (22), doubles (13), homers (11) and RBIs (27).
He extended his hitting streak to 12 games, and his 23 home runs are the most for an A’s rookie since Yoenis Céspedes in 2012 and fourth most in franchise history.
Kurtz entered Friday as a -325 favorite at ESPN BET to win American League Rookie of the Year. His odds moved to -2500 after Friday night.
Information from ESPN Research and The Associated Press was used in this report.
“I don’t know if that’s a good thing or not,” Schwarber said.
Ten days after lifting the National League to victory in the first All-Star Game swing-off, Schwarber keeps going deep. He hit a pair of two-run homers Friday night, with the first drive, his milestone hit, starting the comeback from a 2-0 deficit. He got the ball back after it was grabbed by a Phillies fan attending with his friends in Yankee Stadium’s right-center-field seats.
“I saw it on the video and then I see the dude tugging,” Schwarber said. “I’m like: ‘Oh, they all got Philly stuff on.’ That was cool.”
He met the trio after the game, gave an autographed ball to each and exchanged hugs. When he went to get a third ball to autograph, one of the three said he just wanted the potential free agent to re-sign with the Phillies.
“You show up to the field every single day trying to get a win at the end of the day, and I think our fans kind of latch on to that, right?” Schwarber said. “It’s been fantastic these last 3½ years, four years now. The support that we get from our fans and it means a lot to me that, you know, that they attach themselves to our team.”
Schwarber tied it at 2-2 in the fifth against Will Warren when he hit a 413-foot drive on a first-pitch fastball.
After J.T. Realmuto‘s three-run homer off Luke Weaver built a 6-3 lead in a four-run seventh and the Yankees closed within a run in the bottom half, Schwarber sent an Ian Hamilton fastball 380 feet into the right-field seats.
Schwarber reached 1,000 hits with eight more homers than McGwire. Schwarber has 36 homers this year, three shy of major league leader Cal Raleigh, and six homers in seven games since he was voted All-Star MVP. He has 33 multihomer games.
“I don’t know where we’d be without him,” Phillies manager Rob Thomson said. “Comes up with big hit after big hit after big hit. It’s just — it’s amazing.”
Schwarber, 32, is eligible for free agency this fall after completing a four-year, $79 million contract. He homered on all three of his swings in the All-Star Game tiebreaker, and when the second half began, Phillies managing partner John Middleton proclaimed: “We love him. We want to keep him.”
“He’s been an incredible force all season long,” Realmuto said. “What he’s meant to his team, his offense, it’s hard to put in words.”
A World Series champion for the 2016 Chicago Cubs, Schwarber has reached 35 homers in all four seasons with the Phillies. He’s batting .255 with 82 RBIs and a .960 OPS.
He also has almost as many home runs as singles (46).
Schwarber had not been aware he topped McGwire for most homers among 1,000 hits.
“I had no clue. I didn’t even know it was my 1,000th, to be honest with you,” he said.
ESPN baseball reporter. Covered the Washington Wizards from 2014 to 2016 and the Washington Nationals from 2016 to 2018 for The Washington Post before covering the Los Angeles Dodgers and MLB for the Los Angeles Times from 2018 to 2024.
NEW YORK — The Yankees on Friday acquired third baseman Ryan McMahon from the Colorado Rockies in exchange for minor league pitchers Griffin Herring and Josh Grosz, the teams announced.
The Yankees assumed the remainder of McMahon’s contract, which includes approximately $4.5 million for the rest of 2025 and $32 million over the next two seasons, a source told ESPN.
An All-Star last season, McMahon, 30, was batting .217 with 16 home runs, a .717 OPS and a National League-leading 127 strikeouts in 100 games for Colorado in 2025. After a dreadful start to the season through April, he has been significantly better, with a .246 batting average, 14 home runs and an .804 OPS. He hit home runs in the first two games after the All-Star break and another Tuesday. He is on pace to keep his four-year 20-homer streak alive.
Defensively, McMahon is a Gold Glove-caliber third baseman whose four Outs Above Average is third in the majors this season. He joins a Yankees club that has been marred by sloppy defense. On Wednesday, the Yankees committed four errors against the American East-leading Toronto Blue Jays.
“He has had some ups and downs offensively this year,” Yankees manager Aaron Boone said of McMahon. “I know, over the last month, he’s really swinging the bat well, but he’s a presence, and he can really defend over there at third and has for a number of years. So, we’re excited to get him.”
Arizona Diamondbacks third baseman Eugenio Suarez, who began Friday with 36 home runs and an MLB-leading 86 RBIs, could be the best hitter moved before the July 31 trade deadline, but the Yankees were not particularly aggressive in pursuing him, a source told ESPN’s Jeff Passan.
Though McMahon’s offensive production resulted in a 92 OPS+, which suggests he has been 8% worse than the average major league hitter this season, he’s still a significant offensive upgrade at third base for New York. The Yankees have had Oswald Peraza, one of the worst hitters in the majors, playing third base nearly every day since the club released DJ LeMahieu, another former Rockies player, earlier this month and moved Jazz Chisholm Jr. to second base.
Peraza, though a strong defender, is slashing .147/.208/.237 in 69 games this season. His 24 wRC+ ranks last among the 310 hitters with at least 160 plate appearances this season.
McMahon has played his first eight-plus seasons with the Rockies. They selected him in the second round of the 2013 draft. He debuted four years later and became a regular in 2019. By then, the Rockies were descending to the bottom of the NL West. This year, they’re 26-76 and could finish with the most losses in major league history.
He leaves that environment for New York’s pressure cooker and a club with World Series aspirations, a change the Yankees hope can help McMahon.
“Hopefully, the environment is a great thing for him, that he falls into that and doesn’t have to be the guy,” Boone said. “Go do your thing. Go find the role. But it’s our job — my job, staff, coaches, players — to make sure they’re welcomed and get them as comfortable as possible.”
The price for McMahon — and his team control over the next two seasons — was a pair of pitchers who have not reached Double-A.
Herring, 22, has a 1.71 ERA in 89⅓ innings across 16 starts between Low- and High-A this season. He was a sixth-round pick out of LSU in the 2024 draft.
Grosz, an 11th-round pick in 2023, had a 4.14 ERA in 87 innings over 16 games (15 starts) for High-A Hudson Valley this season.
With third base addressed, the Yankees will seek to acquire pitchers to bolster their rotation and bullpen. Luis Gil‘s return should help. The right-hander, who has been out all season because of a lat injury, made his third rehab start Wednesday. Boone said there’s “a good chance” Gil gets another start in the minors before making his season debut.