Why Bally Resolution Doesn't Change Anything For Texas Rangers 2024 TV Situation
ARLINGTON — A bankruptcy judge approved a deal on Friday that will allow Diamond Sports Group to continue airing games for the Texas Rangers, Cleveland Guardians and Minnesota Twins for at least another season.
DSG, the parent company of the Bally-branded regional sports networks, including Bally Sports Southwest, which airs Rangers games, filed for bankruptcy in 2021.
While the approval, which won't be finalized until Monday, allows Rangers fans to watch television broadcasts in 2024 using the same carriers as before, the agreement does not provide any new in-market streaming option for fans who don't pay for service providers such as DirectTV, according to The Athletic.
The Rangers are declining to comment until the deal is formally approved on Monday.
The court granted the unsecured creditors’ committee more time to review the adequate assurance package. A hearing will be held on Monday afternoon if there are any issues.
The one-year deals serve as a bridge year for the three clubs to secure ways to expand telecast and streaming accessibility in the future.
The terms of the amended agreements between DSG, the Rangers, and the other two clubs have not been disclosed.
DSG lawyers urged the bankruptcy judge to seal the terms of the modified agreement with the clubs on behalf of DSG and MLB.
"They are highly confidential; they contain sensitive commercial terms," the DSG lawyer said. "Obviously, the teams would not like these in the public forum."
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