• Loading stock data...
Saturday, April 19, 2025

Cardinals Return to DSG at Reduced Fee, but Company’s Issues Remain

The bankrupt regional sports network operator has solved one issue, but drama persists in its attempted reorganization. 

Jeff Curry-Imagn Images

Major League Baseball’s Cardinals are returning to Diamond Sports Group in a revised rights deal. However, the formal stance of the league in the attempted reorganization of the bankrupt regional sports network operator is still uncertain. 

The club and DSG announced a new, multiyear agreement that supersedes a prior pact that had been scheduled to run to 2032, and notably, includes direct-to-consumer streaming rights for the first time in that market for Cardinals games. 

Like what DSG is attempting to do with most of its other MLB rights deals, the reworked Cardinals pact includes a rights fee reduction, estimated in this case at more than 20%. But even as other teams such as the Brewers, Guardians, and Twins have chosen MLB’s in-house model for production and local games, the status quo was preferable for the Cardinals. Also helping fuel the reworked deal with DSG is the Cardinals’ position as an equity holder in the local FanDuel Sports Network Midwest.

“We valued the continuity of our fans staying on the same network as the Blues, and we are excited that we will now be able to expand access to our games,” said team president Bill DeWitt III. 

The Cardinals join the Braves and Marlins in DSG’s known baseball plans for next season. The local broadcast fate of the Angels, Rays, Reds, Royals, and Tigers is still uncertain as the situation continues. 

Deadline Looms

MLB, meanwhile, has yet to file a long-expected objection to DSG’s reorganization plan, and a deadline to do so was shifted for the second time this week. After a prior deadline of Tuesday was changed to Thursday, a subsequent filing again moved that timing, this time to Friday afternoon. 

While DSG struck revised rights deals with the NBA and NHL, shoring up its fall and winter sports programming, its relationship with MLB has been far more adversarial. For nearly two years, there has been steady rancor between the company and the league, and most recently, MLB pleaded with the court to get clarity on DSG’s full broadcast plans for 2025.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Fox Reports Big Sports Profits, Eyes New Streaming Service

Football and baseball helped power surges in company revenue and net income.

Lurie Not Interested in Celtics; Considering Eagles Stadium Options

The Eagles owner has been reported as a potential Celtics bidder.
opinion

Goodell Defends Tom Brady, Hints at New NFL Rights Deals

Five media-centric takeaways on Roger Goodell’s on Monday’s comments.
Feb 3, 2025; New Orleans, LA, USA; NFL commissioner Roger Goodell speaks during a press conference ahead of Super Bowl LIX at New Orleans Saints Locker Room.

Goodell: 18-Game NFL Season Not on Table Until CBA Talks Begin

Goodell won’t negotiate an 18-game season until collective bargaining talks begin.

Featured Today

‘Ultimate Throwback’: The Unimpeachable Cool of Hartford Whalers Gear

Nostalgia and street cred have driven a consistent frenzy for merch.
January 20, 2024; Santa Clara, CA, USA; Kristin Juszczyk, wife of San Francisco 49ers fullback Kyle Juszczyk (44), before a 2024 NFC divisional round game against the Green Bay Packers at Levi's Stadium.
February 1, 2025

The New WAGs: Sports Wives Building Business Empires

Athletes’ wives and girlfriends are bucking stereotypes and cashing in.
Feb 3, 2019; Berkeley, CA, USA; California Golden Bears mascot dances on the court during a stoppage in play in the second half against the Stanford Cardinal at Haas Pavilion.
January 31, 2025

The Toll of Bicoastal Travel on New ACC Members Cal and Stanford

Cal and Stanford face missed flights, chaotic sleep schedules, and academic demands.
January 28, 2025

It’s Starting to Pay to Be Good at Cornhole

American Cornhole League players made $7.7 million in 2024.
Jan 2, 2022; New Orleans, Louisiana, USA; The New Orleans Saints logo on the field before their game against the Carolina Panthers at the Caesars Superdome.

Internal Emails Find Saints Heavily Involved in New Orleans Church Abuse Scandal

Saints communications staff helped the church with public relations efforts.
February 2, 2025

Kings Sending De’Aaron Fox to Spurs in 3-Team Deal for Zach LaVine

De’Aaron Fox will join Victor Wembanyama in San Antonio.
Presented by ISOS CAPITAL

Caitlin Clark’s Rise Drawing Stars to Fever, Creating Title Contender

DeWanna Bonner is a two-time WNBA champion.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
February 2, 2025

Lakers’ Luka Trade Shakes NBA, While Mavericks Face Fallout

One of the NBA’s most popular teams gets a major boost.
February 1, 2025

Nashville, Detroit, Houston, Philadelphia Submit WNBA Expansion Bids

Tennessee’s team would be named after legendary basketball coach Pat Summit.
January 30, 2025

Utah Hockey Club Puts Name Choice in Fans’ Hands After Yeti Fiasco

Keeping the existing name, the Mammoth, and Wasatch are the remaining options.
Jan 27, 2025; Brooklyn, New York, USA; Sacramento Kings guard De'Aaron Fox (5) reacts during the second quarter against the Brooklyn Nets at Barclays Center.
January 28, 2025

NBA Trade Deadline Heats Up: Kings Open Trade Talks for De’Aaron Fox

Sacramento fired head coach Mike Brown last month.