"Amazon's Streaming Deal Threatens Bally Sports' MLB TV Rights and Impacts Diamond-Amazon Deal Across MLB, NBA, and NHL"

Bally Sports' MLB TV rights for the 2024 season are in jeopardy after a surprise deal with Amazon, making them a minority investor in Diamond Sports and the new home for Bally Sports streaming. The deal, which includes offering live access to MLB, NBA, and NHL games through Amazon's Prime Video channels, has raised concerns for MLB, as they were unaware of the agreement and were in the process of finalizing TV rights. The judge overseeing the bankruptcy will need to approve the deal, leaving uncertainty about the future of Bally Sports and its long-term contracts with NBA and NHL.