I only wrote about this yesterday but already there's new developments in this situation. As we concern ourselves with Spring Training, and which Miami Marlins players aren't performing well and which are, let's look at the situation and see how it affects us watching games. There is a very good chance that MLB will stream Miami Marlins games for free in the very near future!
Miami Marlins games may soon be available to be viewed for free.
If you don't remember what's going on, Diamond Sports Group owns regional sports networks that show games of the Miami Marlins, Atlanta Braves, Cleveland Guardians, Cincinnati Reds, Kansas City Royals, Tampa Bay Rays, St. Louis Cardinals, Texas Rangers, Milwaukee Brewers, Minnesota Twins, Detroit Tigers, Arizona Diamondbacks, San Diego Padres and Los Angeles Angels.
Diamond Sports Group is already planning to end their contracts with Cleveland, Cincinnati, Arizona and San Diego. They also reportedly plan to restructure their deals with the other teams. MLB has been planning to take over the ended contracts and stream those teams' games for free. MLB Commissioner Rob Manfred ultimately wants to have better streaming deals in the future.
The update is that Diamond Sports Group has filed for bankruptcy earlier than expected. They were expected to do so on Friday March 17- St. Patrick's Day. It happened earlier instead. Diamond's CEO David Preschlack said this:
"The DSG Board of Managers has been evaluating strategic opportunities with the support of its advisors and in coordination with creditors to position the Company for long term success and has determined that the best path forward for the Company and its stakeholders is to restructure through a Chapter 11 process. We are utilizing this process to reset our capital structure and strengthen our balance sheet through the elimination of approximately $8 billion of debt.”
It's very carefully worded, but at the end of the day he's saying that the company is in $8 million in debt and that they need to get out of that debt through bankruptcy. That does not sound good at all for the company, but what's important to us is that we're closer to MLB potentially streaming Miami Marlins games for free.