Nine MLB teams terminate contracts with Main Street Sports

Nine Major League Baseball teams have ended their broadcasting contracts with Main Street Sports, the operator of the FanDuel Sports Network, amid the company's financial difficulties. The move comes after missed payments to some teams, prompting them to explore alternatives including potential takeover by the league. MLB Commissioner Rob Manfred assured fans that games will continue to be available regardless of the outcome.

The Atlanta Braves, Cincinnati Reds, Detroit Tigers, Kansas City Royals, Los Angeles Angels, Miami Marlins, Milwaukee Brewers, St. Louis Cardinals, and Tampa Bay Rays announced the termination of their contracts with Main Street Sports on January 9, 2026. This decision follows reports of the company's precarious financial state, including missed payments to teams such as the Cardinals in December and the Marlins. Main Street Sports, formerly known as Diamond Sports Group and operating under the Bally Sports and now FanDuel Sports Network banners, has been struggling since filing for bankruptcy in March 2023. The company emerged from bankruptcy in November 2024 but has since faced ongoing challenges in the evolving regional sports network (RSN) landscape, driven by cord-cutting and the rise of streaming services.

Talks between the teams and Main Street Sports are ongoing, with possibilities for renegotiated deals. However, the teams are distancing themselves to avoid entanglement in potential bankruptcy proceedings and to secure stable broadcasting options. MLB is prepared to step in, as it has for other clubs like the San Diego Padres in 2023, the Arizona Diamondbacks, Colorado Rockies, Minnesota Twins, and Cleveland Guardians in 2025. Commissioner Rob Manfred emphasized the league's readiness during a Thursday event, stating, "No matter what happens, whether it’s Main Street, a third party or MLB media, fans are going to have the games."

He added, "The clubs have control over the timing. They can make a decision to move to MLB Media because of the contractual status now. I think that what’s happening right now clubs are evaluating their alternatives."

This development exacerbates revenue uncertainties for the affected teams, which have historically relied on lucrative RSN deals. Lower broadcasting fees could impact player payrolls, as seen with the Padres and Twins balancing contention with reduced spending. The situation also affects Main Street Sports' negotiations with NBA and NHL partners. Broader implications loom for MLB's broadcasting future, with many deals expiring after 2028 and the league eyeing a unified streaming service.

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MLB announces new TV rights deals with ESPN, NBC and Netflix

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Major League Baseball revealed three-year media rights agreements with ESPN, NBC and Netflix on Wednesday, following ESPN's earlier opt-out of its previous contract. The deals, worth nearly $750 million annually, redistribute key broadcasts including Sunday Night Baseball to NBC and the Home Run Derby to Netflix. These partnerships aim to expand national coverage starting in 2026 while integrating MLB.TV with ESPN's streaming platform.

Financial troubles at Main Street Sports Group, operator of FanDuel Sports Network, have put next season's television income for nine Major League Baseball teams at risk. The company missed a payment to the St. Louis Cardinals last month and is seeking to renegotiate deals with its partners. This uncertainty adds complications to an already slow MLB offseason.

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FanDuel Sports Networks, owned by Main Street Sports Group, has reportedly failed to make January media rights payments to its 13 NBA teams. The affected franchises include the Hawks, Hornets, Cavaliers, Pistons, Pacers, Clippers, Grizzlies, Heat, Bucks, Timberwolves, Thunder, Magic, and Spurs. This development follows a similar missed payment to MLB's St. Louis Cardinals and raises questions about the network's future.

As spring training approaches, the MLB offseason has concluded with notable successes and shortcomings for several teams and figures. The Chicago Cubs, New York Mets, Toronto Blue Jays, Los Angeles Dodgers, and agent Scott Boras emerged as winners through key acquisitions, while the Philadelphia Phillies, Boston Red Sox, Detroit Tigers, and Major League Baseball itself faced disappointments. These moves have reshaped rosters and heightened concerns about financial disparities.

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Building on expansion and realignment plans discussed earlier this week, MLB Commissioner Rob Manfred detailed geographic divisions—such as separating teams in multi-team cities—and schedule changes like split seasons and in-season tournaments during his WFAN interview. These ideas aim to improve playoffs and address the 162-game grind, amid upcoming league growth.

With MLB's offseason dragging on and spring training just seven weeks away, more than half of the top 20 free agents remain unsigned, including outfielder Kyle Tucker, infielders Alex Bregman and Bo Bichette, and pitcher Framber Valdez. CBS Sports has issued predictions for the 10 best available players, noting these are for entertainment purposes only. The forecasts highlight potential fits amid a sluggish market.

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An MLB insider has criticized the New York Yankees and Mets for their quiet offseasons, calling them the worst in baseball so far. While the Yankees have made minimal moves, the Mets have lost key players like Edwin Diaz, who signed a lucrative deal with the Los Angeles Dodgers. Both teams still have opportunities to improve before spring training.

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