Major League Baseball will take over broadcasts of San Diego Padres games beginning Wednesday after Diamond Sports missed a rights fees payments to the regional sports network's parent company and let the grace period expire.
Diamond Sports, which owns 19 networks under the Bally Sports banner, said in a statement that it decided "not to provide additional funding to the San Diego RSN that would enable it to make the rights payment to the San Diego Padres during the grace period and will no longer be broadcasting Padres games after Tuesday."
The Padres become the first team that MLB will take over production of its broadcasts. MLB set up a local media department during the offseason to prepare for a bankruptcy filing by Diamond Sports, which took place in March. Distribution plans for Padres games have not been announced, but it is likely games would air locally via MLB Network or streamed on MLB.TV.The Padres signed a 20-year, $1.2 billion contract with Fox Sports Networks in 2012.
Diamond cited the amount of rights payments to the Padres and small market area compared to other reginal networks for why it was backing out.
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