With spring training about to begin, baseball teams are running out of time to find a television partner for 2026 — and some are now starting to jump ship from one troubled broadcaster.
The St. Louis Cardinals announced Monday that they’re joining Major League Baseball’s broadcasting portfolio, parting ways with FanDuel Sports Network and its financially strapped parent company, Main Street Sports Group. The Cincinnati Reds, Kansas City Royals and Miami Marlins are also making the switch to MLB, people briefed on the decisions who were not authorized to speak publicly confirmed.
“Our top priority is making sure that Cardinals fans can watch their team as easily as possible,” said Anuk Karunaratne, Cardinals senior vice president of business operations in a news release Monday. “Whether you prefer cable, satellite, or streaming, you’ll have uninterrupted access to every in-market game through this new model. MLB brings world-class production capabilities, and we’re excited about what this means for the future of Cardinals broadcasts.”
Puck reported Monday that two other teams had decided to leave Main Street for MLB: the Milwaukee Brewers and Tampa Bay Rays. A trio of other baseball teams who were previously partnered with Main Street still up in the air, per the report: the Atlanta Braves, Detroit Tigers and Los Angeles Angels.
“FanDuel Sports Network is continuing to broadcast NBA and NHL games, and we appreciate the leagues’ engagement in ongoing discussions on our go-forward plans,” Main Street said in a statement. “We appreciate the relationships we have had with our MLB partners and fans over many years, and we wish them the best.”
MLB did not immediately return a request for comment.
Main Street, which also carries NBA and NHL teams, has been searching for investors while simultaneously trying to renegotiate contracts with partner teams across its three partner leagues. As of Sunday, Main Street had not found a buyer, a person briefed on Main Street’s situation who was not authorized to speak publicly said. If Main Street cannot soon find a cash infusion, the company could close up shop after the current NBA and NHL seasons.
Entering December, nine MLB teams were in line to be carried by Main Street in 2026. But the broadcaster that month began to miss scheduled rights-fee payments, including to the Cardinals, and the MLB teams subsequently terminated their agreements with the company. But negotiations over revised deals lasted throughout January.
Main Street has struggled for a long time, emerging from a 20-month Chapter 11 bankruptcy process only a year ago. The company was previously known as Diamond Sports Group, and its channels were branded as Bally Sports.
Time was running short for the MLB teams. Whether they stayed with Main Street or went to MLB, they were losing time to sell ads and streaming subscriptions. MLB plans to start selling its direct-to-consumer subscription packages for the teams it carries later this month.
Teams waited a month, and in some cases are still waiting, to decide to whether to leave Main Street because they feel they might still make more money off their TV rights for 2026 by staying — even with Main Street’s continued woes. MLB does not promise clubs it broadcasts a set rights fee as Main Street and other traditional RSNs do. Rather, MLB pays a club whatever it earns.
Main Street’s revised offers, however, have been contingent on the company finding new investors. Main Street was offering the Reds about $42 million to stay, sources said, down from the $52 million they would have paid under the deal that was in place entering the offseason, sources said.
Regional sports networks, or RSNs, have struggled for years amidst cord-cutting, and more than half of MLB’s 30 teams have seen their TV revenue drop in the last three years.
According to MLB’s official website, “for the clubs that lost their RSN deals, the broadcast deals replacing them have, on average, paid out about 50 percent of what clubs had received from their former cable deals.”
MLB will also carry broadcasts for the Arizona Diamondbacks, Cleveland Guardians, Colorado Rockies, Minnesota Twins, San Diego Padres, Seattle Mariners and Washington Nationals.
— The Athletic’s Andrew Marchand contributed to this report