Friday, May 22, 2026

Rangers Are Latest Pro Team to Back Out of RSN Deal

  • Teams taking sports rights from troubled RSNs.
  • Diamond Sports filed for bankruptcy this week.
Texas Rangers looking for a new TV partner.
Matt Kartozian-USA TODAY Sports

The Texas Rangers aren’t waiting for troubled Diamond Sports to emerge from its bankruptcy reorganization.

The Rangers notified the company they want to end their media rights deal with Diamond’s Bally Sports, as stated in Diamond’s Chapter 11 filing on Tuesday, according to The Athletic

Diamond’s 19 Bally Sports regional sports networks control rights deals to 42 pro teams: 14 MLB clubs, 16 NBA teams, and 12 NHL franchises. 

The company said its RSNs would continue to operate normally during its reorganization, but Diamond’s partners at MLB are getting restless. 

MLB is building out a local television group under executive Billy Chambers that can step into the breach. Under this scenario, MLB Network would show localized versions of games rather than Bally RSN’s.

“Major League Baseball is ready to produce and distribute games to fans in their local markets in the event that Diamond or any other regional sports network is unable to do so as required by their agreement with our clubs,” said the league. 

“Having streamed live games on MLB.TV for more than 20 years and produced live games for MLB Network since 2009, we have the experience and capabilities to deliver games to fans uninterrupted.”

The Rangers aren’t the only pro franchise trying to claw back media rights from troubled RSNs. 

MLB’s Houston Astros and the NBA’s Houston Rockets are in talks to take over their cable TV partner, AT&T SportsNet Southwest. 

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Rays $2.3B Stadium Plan Survives Narrow Tampa City Council Vote

The Tampa City Council narrowly approves a non-binding stadium agreement.
May 4, 2026; St. Petersburg, Florida, USA; Tampa Bay Rays left fielder Chandler Simpson (14) greets right fielder Ryan Vilade (26) at home plate after hitting a three-run home run against the Toronto Blue Jays in the first inning at Tropicana Field.

Rays Reach Preliminary Agreement With City, County on Ballpark

The stadium would be located near Raymond James Stadium, home of the Buccaneers.

NCAA Warns Baseball Coaches About Canceling Games to Boost Stats

A myriad of Power Four schools canceled games against lower-ranked opponents.

Braves Earnings Show Promise and Pressure of RSN Shift

The club’s revenue surged, aided in part by the earlier season start.

Featured Today

Charlie Pilner and Nikolas Rohrmann

How 2 Brown Undergrads Became Sports Deal Brokers

An experimental project turned into a permanent course and business deal network.
May 14, 2026

NFL Rivalries Are Made on the Field, Mocked in Schedule Release Videos

Every year, teams find new ways to one-up themselves (and their rivals).
Bart Swings/Falyn Fonoimoana/Avery Poppinga
May 14, 2026

OnlyFans Is Paying Pro Athletes What Their Sports Won’t

The adult-content platform is a reliable income source for niche athletes.
May 13, 2026

How Sports Graphic Designers Are Grappling With the Rise of AI Art

The release of ChatGPT 2.0 Images sparked a conversation among sports designers.
May 16, 2026; Los Angeles, California, USA; Ronda Rousey (blue gloves) celebrates defeating Gina Carano (red gloves) after a women's featherweight bout at Intuit Dome. Mandatory Credit: Jayne Kamin-Oncea-Imagn Images

How Jake Paul’s MVP Plans to Build on Netflix MMA Debut

Saturday’s debut averaged 12.4 million viewers on Netflix.
May 20, 2026

NHL Playoffs Deliver Record Second-Round Ratings for ESPN, TNT

The Canadiens-Sabres series brought additional audience milestones.
May 21, 2026

CBS, TNT Sports Parents Face New Merger Scrutiny by Lawmakers

A group of six U.S. senators raises concerns about the proposed megadeal.
Sponsored

Mark Cuban Peels Back the Curtain

Mark Cuban discusses sports ownership, the rise of NIL, and the evolving media landscape.
The University of Alabama showed off renovations to Bryant Denny Stadium Thursday, Oct. 1, 2020. Sports Illustrated covers decorate the walls inside the new press box. [Staff Photo/Gary Cosby Jr.]
May 20, 2026

Sports Illustrated Defends Its Standards After Plagiarism Incident

SI removed its prediction-markets affiliate following accusations of plagiarism.
Racin' With The Boys
exclusive
May 20, 2026

‘Bussin’ With the Boys’ Launching New NASCAR Show

Peyton Manning’s Omaha Productions will produce the show.
May 19, 2026

NFL Pushes Back on Criticism Over TV and Streaming Deals

The league remains steadfast in its overall media approach.
May 19, 2026

Is Sports Coverage the Solution to ‘Google Zero’?

The glossy mag is betting sports coverage can arrest a traffic decline.