[https://awfulannouncing.com/bally/sinclair-reportedly-hires-investment-banks-in-potential-lead-up-to-sale-of-bally-sports-rsns.html](https://awfulannouncing.com/bally/sinclair-reportedly-hires-investment-banks-in-potential-lead-up-to-sale-of-bally-sports-rsns.html)
Bally Sports has billions in debt and will likely be sold. Most people can’t watch their channels and they are losing money? Never would have guessed.
This could also hurt the Guardians and Cavs financially:
>*That means that in Chapter 11, Diamond will be allowed to continue showing games without making payments to teams — even during a long restructuring that takes 18 months. That would be a debacle for the teams and the leagues.*
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2 comments
Realistically who could buy them that would be a net positive?
Almost comical that almost all of the teams with a Bally Sports RSN are the ones considered small market.
Just what we needed, more financial disparity in baseball with the small market teams’ primary source of revenue getting completely cut off, while the big market teams, who already make several times more money from their tv deals than small markets do, keep getting paid.