The fate of 30 NBA, NHL and MLB teams’ local television broadcasts could hang in the balance if a proposed sale to sports streaming platform DAZN isn’t completed next month.
According to a Sports Business Journal report, Main Street Sports Group missed its December rights payment to the St. Louis Cardinals, raising a red flag as it looks to complete a proposed sale to DAZN. If that deal doesn’t go through, sources tell SBJ that Main Street – the owner of the FanDuel-branded regional sports networks − would initiate plans to dissolve its business.
If that happens, the broadcast rights would revert back to the individual teams.
FanDuel Sports Network currently broadcasts games for 13 NBA teams, eight in the NHL and nine in MLB.
SBJ reports that the NBA conducted a conference call last week with executives from those 13 teams to discuss their options. If the DAZN sale falls through, it could put the status of the local broadcasts in limbo during the middle of the regular season, a situation one team executive called
Fate of FanDuel Sports Network hangs on sale to DAZN, per report
