[Drellich] Major League Baseball and the Atlanta Braves have formally objected to Diamond Sports Group’s get-out-of-bankruptcy plan. The confirmation hearing is on Nov. 14.
Major League Baseball and the Atlanta Braves have formally objected to Diamond Sports Group's get-out-of-bankruptcy plan. The confirmation hearing is on Nov. 14.
— Evan Drellich (@EvanDrellich) November 8, 2024
9 comments
Fuck em.
Please get outta that dumpster fire contract! Worst TV deal ever handed out by a baseball team!
Great, I want to watch the Braves legally without paying for a bullshit $100/mo subscription
someone smarter than me chime in – but i wonder if this signifies that the Braves are confident they’d get more money if freed from their contract with Diamond. On one hand, the Braves renegotiated their TV rights a few years ago and got them locked in at a better rate. And this isn’t really a boom market for TV deals. On the other hand, the Braves have a massive geographic market and a strong following.
DSG’s plan doesn’t seem to involve cutting Atlanta’s revenue under the deal (which appears to be about $140M if i’m reading the financial disclosures from Q2 and Q3 correctly) so if Atlanta has an objection, it must surely mean they feel they’d do better without the deal?
…fuck them
Spicy
HELL YEAH BROTHER
How does this help us re-sign Max
Who on the Braves side signed that trash contract? They should be fired. If they already are, they should be sued to retrieve funds.