What the new Diamond-Amazon deal means for MLB, NBA, NHL

The Diamond Sports Group has a 37 mlb of local sports operators, NHL and NBA teams, and if they are rewarded in court on Wednesday, prime video enables the exclusion of district games and exposed from the refreshing appearance. We announced a partnership with Amazon.

Diamond basically provided funds to the reorganization of $ 450 million from creditors, and also stated $ 1. 1. 5 billion supported by fresh minority investor Amazon. Amazon will receive all MLB, NHL and NBA commands, and diamonds to access the right to the actual broadcast, and the fans will obtain almost 2-10-OCH market to get access directly. You can do it.

This is a cool turn of a company event that seemed to be more than $ 8 billion at first, which seemed to be liquidated, but almost all seem to be calm. Below, let's look at more timely questions.

Why was this announcement suddenly?

In mi d-December, Amazon had the ability to invest in diamonds and basically guarantee the right to stream the broadcast. However, on Wednesday, the Bankruptcy Court's statement from the defenders representing MLB and NBA, the League supporters are not involved in these negotiations and have recognized the details of this contract along with all other contracts. 。

In fact, this conspiracy has the power to cancel the past contracts connected by the league with Diamond. In the fall of last fall, he agreed to stop the work of Diamond NBA and NHL, followed by the command that ended in a bag from the 2023-24 season, and then returned to these leagues. MLB already has a similar basis for transactions. The contract with Amazon has the potential to change everything. In fact, the NBA and MLB lawyers said in a court on Wednesday that they were still shining almost nothing.

Which team is considered part of a new contract?

Diamond has a license for NBA15 team, NHL11 and MLB11 teams. However, here is the right to stream the broadcast. Diamond has a license for streaming the broadcasts of all NBA and NHL teams, but MLB has only five clubs: Miami Merlins, Tampa Bay Rays, Detroit Tigers, Milwear Key Bruchers, and Kansas City Royals. The first contract with the NBA diamond considers that 1 5-command digital broadcasting rights are transferred on a yearly basis, and if a specific request is not satisfied, the league arrests those rights. You can.

What happens to the intention of stopping the work that diamonds have agreed with NBA and NHL?

This is a transaction that is approved by the federal arbitrators in the bankruptcy case, and has the ability to fix the past transactions while developing a reconstruction project, considering that it is shor t-term. 。

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Until the permanent season is over, no league will change. However, if a conspiracy is performed, the rights will no longer be NBA and NHL, saying a key that is known about the contract. Diamonds preserved personal portfolios, but then the company has an option to terminate all types of transactions with some of these commands or absolutely abandoned one. The company must accept a specific details of your own intentions, which must be accepted before the arrival of the set last deadline. In fact, the company's lawyer said in court on Wednesday and intends to get all the necessary information long before this period.

However, the NBA and NHL supporters did not dare to say specifically. The supporters of both leagues understood the complexity of diamonds and maison contracts over a day. This is even more so, considering that the NBA wants to return its team's broadcast rights, and considering the league contract with the state-owned television until the 2024-25 season. NHL has the option of waiting for Diamond to read the lon g-term contract before the bankruptcy announcement.

And what will happen to the MLB after 2024?

Diamond lawyers have confirmed that the company basically transfers all games to the bankruptcy court and pays all 9 teams in his portfolio: Tigers, Merlins, Royales, Brewers. , Raise, St. Louis Cardinals, Cincinnati Reds, Los Angeles Angels, Atlanta Braves. Regarding the defensive textbooks, three more companies are negotiating contract reorganization. Although their names have not been revealed, according to text from the source, these 3 are Texas Rangers, Cleveland Gardians, Minnesota Twins (Twins, essentially vacant, intelligence officers: their diamonds. The contract is off at the end of the 2023 season).

The streaming radio rights of MLB25 teams other than the five teams owned by Diamonds are owned by each team and league, but the latter has not been interested in giving the company additional right since the 2024 season. Diamond believes that the existence of Amazon will eventually change history, but those who are familiar with the contract say that the role of Amazon is not affected by the acquisition of additional streaming rights.

But in the short term, MLB has been working for a few months to get a clear answer from diamonds in the 2024 season. Almost all the owners pointed out this confusion, and the turmoil that is spreading throughout the business of regional sports networks, where the team has received considerable parts of the district, as a reason for the cost reduction. If a contract with Amazon is realized, it seems that the team that remains under the diamond rules will provide a certainty of the cost of the ease, but all rights will be integrated under the government. The lon g-term project of MLB will end.

Is Amazon the most important partner for the league, such as abandoning old RSN models, partnership with streaming companies, and eliminating blackouts?

Amazon has succeeded in drawing out major partners before this happens, and it is not easy to tell how its partners can now be useful or impaired. By the opening of the 2025 season, MLB wanted to ensure the status of major streaming services such as Amazon, Apple TV+, Hulu, Netflix, ESPN+. However, this is at least 15 teams (Twins were 12 Diamond teams, Sandiero Padres and Arizona Diamondbucks were canceled their contracts last season, and Colorado Rocks did not sign a television contract after the election). If the sustainability is low, the calculation will change.

It is also worth noting that Amazon has been one of the candidates to participate in a new contract with the NBA, along with the current two partners (Disney and Turner Sports). These negotiations will take several months. No matter what the contract is, Amazon will definitely play a major role in the future of NBA broadcasting. As this year progresses, you will see how important this role is.

The RSN of my beloved team is managed by Diamond. Is it really possible that all my team games will be eligible for Amazon Prime?

Only when watching streaming broadcasts. Basically, Amazon Prime functions as the first role that Diamonds wanted for Barry Sports+ -to give fans in the area who abandoned TV the opportunity to stream the broadcast. By providing funds to this transaction, Diamonds still preserve the rights to linear television, for example, the fact that fans who maintain cable TV can store their regular viewing. You can.

It is important to keep in mind that all places are owned. The Amazon Prime diamond command is provided only to local fans. Outside fans can still watch the broadcast through ML. TV, NBA League Pass, or league streaming services. TV, NBA League Pass, ESPN+for NHL. However, since the first contract with the cable network is still relics, turning electricity is probably still an issue.

What is the price?

According to the Diamond Sports Group's press release, "We will publish the details and accessibility details."

Is the name of the broadcast still "Barry Sports"?

In the framework of this contract, Diamond Broadcasting will continue to operate under the name of Barry Sports this year, and then search for new friends.

Is this a lid on the progressive warrior through RSN?

One of the diamond advocates, Synch Lair, who paid $ 495 million by the former Diamond's parent company, supported the rebuilding, one of the Diamond advocates called "change." Another defender is called a "turning point" for a company that pointed out a specific path to work later than the 2024 MLB season.

On Wednesday, Diamond suggested that direct sales would rise from $ 49 million in 2023 to $ 658 million in 2026 in line with new contracts. (Linear income decreases every day, but all others start to solve the largest income of income; Diamonds decreased from $ 2 to $ 2, $ 4. 7 billion in 2026 to $ 1 and 7. 8 billion in 2026. Is predicted).

However, in the hearing of Wednesday, the defender of the Unsecured Corporation has made a hole in the agreement with Sync Rare, and the funding of $ 450 million is effectively the final result. The fact that vibrates is over. With the "Encouragement" event called the Bankruptcy Avitator Crystopher Lopez function, the end of the diamond 2023, we have added that it still has an obligation to comply with the bankruptcy law claim.

"I have to think about it here," Lopez said. "There are many things that need to be digested."

Tim Bontemps and Kristen Shilton have created this report.

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