The local media rights fee for the team is $54.8 million this year, which was agreed to over a decade ago
“The current costs associated with performing under the Diamondbacks agreement outweigh the revenues the debtors are able to obtain through broadcasting Diamondbacks games."
"In reality, it all comes down to what we all knew what this was about, Dan, and that was the color green.”
Diamond Sports Group must pay the Texas Rangers by Thursday of this week or relinquish the team’s media rights.
"I've been a huge fan since the very beginning and can't wait to get started.”
"As with the Padres, MLB will stand ready to make games available to fans if Diamond fails to meet its obligations.”
"I’m going to put the entity into bankruptcy and then I’m going to selectively reject contracts."
"Commissioner Rob Manfred says that it may behoove the league not to rely on teams' local media rights deals so heavily."
“What we do is largely dependent on how Diamond and the creditors play their cards, what they decide to do.”
"We have a great product that fans want to see. We’re going to put the games on when it makes sense to play the games and...