• Loading stock data...
Thursday, February 19, 2026

Cardinals Return to DSG at Reduced Fee, but Company’s Issues Remain

The bankrupt regional sports network operator has solved one issue, but drama persists in its attempted reorganization. 

Jeff Curry-Imagn Images

Major League Baseball’s Cardinals are returning to Diamond Sports Group in a revised rights deal. However, the formal stance of the league in the attempted reorganization of the bankrupt regional sports network operator is still uncertain. 

The club and DSG announced a new, multiyear agreement that supersedes a prior pact that had been scheduled to run to 2032, and notably, includes direct-to-consumer streaming rights for the first time in that market for Cardinals games. 

Like what DSG is attempting to do with most of its other MLB rights deals, the reworked Cardinals pact includes a rights fee reduction, estimated in this case at more than 20%. But even as other teams such as the Brewers, Guardians, and Twins have chosen MLB’s in-house model for production and local games, the status quo was preferable for the Cardinals. Also helping fuel the reworked deal with DSG is the Cardinals’ position as an equity holder in the local FanDuel Sports Network Midwest.

“We valued the continuity of our fans staying on the same network as the Blues, and we are excited that we will now be able to expand access to our games,” said team president Bill DeWitt III. 

The Cardinals join the Braves and Marlins in DSG’s known baseball plans for next season. The local broadcast fate of the Angels, Rays, Reds, Royals, and Tigers is still uncertain as the situation continues. 

Deadline Looms

MLB, meanwhile, has yet to file a long-expected objection to DSG’s reorganization plan, and a deadline to do so was shifted for the second time this week. After a prior deadline of Tuesday was changed to Thursday, a subsequent filing again moved that timing, this time to Friday afternoon. 

While DSG struck revised rights deals with the NBA and NHL, shoring up its fall and winter sports programming, its relationship with MLB has been far more adversarial. For nearly two years, there has been steady rancor between the company and the league, and most recently, MLB pleaded with the court to get clarity on DSG’s full broadcast plans for 2025.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Guardians GM: MLB Economics Make Top FA Signings ‘Impossible’

The club’s general manager says signing top-tier free agents is “impossible.”
Bruce Meyer and Tony Clark of the MLBPA

MLBPA Elects Meyer As Interim Executive Director

He’s known as someone not afraid to ruffle feathers.
Feb 17, 2026; Lee County, FL, USA; Boston Red Sox second baseman Kristian Campbell (28) poses for a photo during media day at JetBlue Park.

Red Sox Change Their Tune on Fanatics Jersey Issues

The MLB club takes responsibility for a jersey design error.

Padres Stay Aggressive With Sale Looming and Dodgers Ahead

The small-market club extends G.M. A.J. Preller.

Featured Today

Max Valverde by Ron Winsett

How Ski Mountaineering’s Hype Man Went From TikTok to NBC

Max Valverde’s gushing over the niche sport vaulted him to Olympic broadcaster.
Feb 11, 2026; Livigno, Italy; Jaelin Kauf of the United States during freestyle skiing women's moguls final during the Milano Cortina 2026 Olympic Winter Games at Livigno Aerials & Moguls Park
February 13, 2026

The Surprise Hit of the Winter Olympics: First-Person Drone Views

Tiny drone cameras have reshaped the Olympics viewing experience.
Feb 11, 2026; Milan, Italy; Madison Chock and Evan Bates of the United States skate during the Milano Cortina 2026 Olympic Winter Games at Milano Ice Skating Arena.
February 13, 2026

Olympic Figure Skaters Pay Out of Pocket for $9,000 Costumes

For four minutes on ice, stakes are high—and prices even higher.
February 11, 2026

Epstein Emails Show His F1 Ties Ran Deep

The sex trafficker’s circles included many of the biggest names in F1.

Mahomes Reworks Deal, Clears $43.6M for Cap-Strapped Chiefs

The quarterback’s contract is restructured for the fourth straight year.
February 15, 2026

NBA Still Not Done With ‘Enormously Complex’ Clippers Investigation

Adam Silver said the team has been “fully cooperative” so far.
February 18, 2026

Knicks, Rangers Could Be Spun Off Into Separate Public Companies

Activist shareholders have long said the teams are undervalued.
Sponsored

From MLS to AUSL: Jon Patricof on Building Sports Leagues

Jon Patricof on athlete equity, fan-first strategy, and how women’s sports can reshape the future of league building.
Nov 23, 2024; Salt Lake City, Utah, USA; Utah Jazz forward/center Lauri Markkanen (23) and Ryan Smith after a game against the New York Knicks at the Delta Center.
February 13, 2026

Jazz Owner Defends Team After $500,000 Tanking Fine From NBA

The Pacers were also fined $100,000 by the NBA.
exclusive
February 12, 2026

Orioles Owner Met With Jeffrey Epstein

The meeting has not been previously reported.
Jan 10, 2026; Charlotte, NC, USA; Carolina Panthers quarterback Bryce Young (9) and wide receiver Jimmy Horn Jr. (15) reacts in the fourth quarter in an NFC Wild Card Round game at Bank of America Stadium.
February 12, 2026

Panthers Owner Aims to Build Charlotte Into a Destination City

Tepper Sports is upgrading the Panthers’ stadium and building a new music venue.
Jan 4, 2026; Cincinnati, Ohio, USA; Cleveland Browns defensive end Myles Garrett (95) celebrates with safety Donovan McMillon (31) following a sack against the Cincinnati Bengals during the fourth quarter at Paycor Stadium. The play set a new NFL single season sack record by Garrett.
February 11, 2026

Browns President: We’re ‘Easy to Pick On Right Now’ but Trust Our..

Dave Jenkins oversees a portfolio featuring NFL, NBA, and MLS teams.