D-backs could be 1st team impacted by Bally Sports ownership bankruptcy

The Arizona Diamondbacks could be one of the first teams impacted as Diamond Sports Group prepares to file for bankruptcy.

The operator of the 19 Bally Sports regional television networks has continued to pay its rights fees to every Major League Baseball team with the exception of the Diamondbacks, reports John Ourand of Sports Business Journal.

Diamond released this statement: “We’ve been making our rights payments to teams with the exception of the Diamondbacks, where we have exercised a contractual grace period in order to maximize flexibility, especially given that we do not have DTC rights. We are continuing to broadcast games and are operating our business as usual.”

Ourand reports that the grace period to pay the D-backs ends at midnight on Thursday.

He adds that Diamond has not paid the D-backs because the deal is extremely team-friendly in comparison to other clubs. It also runs through 2035.