• Loading stock data...
Sunday, April 14, 2024
  • -
  • -
  • -
  • -

Teams Continuing To Capitalize On Crumbling RSNs

  • Owner of Red Sox, Liverpool, Penguins closes in on pact for Pittsburgh RSN
  • Agreement would build on ownership group's existing control of NESN
Pittsburgh Penguins forward Sydney Crosby skates with puck down ice
Philip G. Pavely-USA TODAY Sports

Thanks to Fenway Sports Group, another franchise is close to owning the rights to broadcast its own games.

The parent organization of the Boston Red Sox, Liverpool FC, Pittsburgh Penguins, and NESN is nearing a deal with Warner Bros. Discovery Sports to acquire AT&T SportsNet Pittsburgh, the regional sports network that airs both the Penguins and MLB’s Pittsburgh Pirates.

Financial terms were not disclosed, but for the past six months, Warner Bros. Discovery has actively sought to exit the RSN business, one under significant stress — as highlighted by the ongoing bankruptcy of Bally Sports parent Diamond Sports Group.

“With the recent changes at AT&T SportsNet Pittsburgh, Warner Bros. Discovery, the Pittsburgh Penguins, and NESN have been working collaboratively to ensure that fans have access to their favorite teams this fall,” said a joint statement from the Penguins and two RSNs. “Discussions are progressing well, and we expect exciting news in the coming weeks.”

Other Team Markets In Flux

The Penguins begin their 2023-24 regular season on Oct. 10, so a series of announcements on the team’s local broadcast plans are expected before that date. It’s still unknown whether the Pirates will remain in the FSG-led structure at the RSN, but club owner Bob Nutting holds a good working relationship with John Henry and Tom Werner, his counterparts in Boston.

Warner Bros. Discovery also holds ownership stakes of RSNs in Seattle, Denver, and Houston. A deal is in development to sell the Houston network to the MLB’s Astros and NBA’s Rockets, while the greater likelihood in Denver is that AT&T SportsNet Rocky Mountain will just shutter. 

Meanwhile, MLB’s Mariners have majority-owned Root Sports Northwest for a decade.

Copy Link
Link Copied
Link Copied

What to Read

Salt Lake City About to Land NHL’s Coyotes (Minus Their Name)

Salt Lake City’s NHL franchise will have a new name.

NFL’s Expanded Helmet Options Come With a Perk: More Merch

Teams can now add a third helmet design to their overall look.

Another Green Jacket and $3.6M: Scottie Scheffler Wins the Masters

The Masters offered a tournament record purse of $20 million this year.

Everything You Need to Know About the PGA Tour, LIV Golf, and Any Potential Merger

The two tours remain far apart despite previous efforts to come together.

Featured Today

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.
Mar 31, 2024; Portland, OR, USA; NCAA officials measure the three point line while coaches from the Texas Longhorns and NC State Wolfpack watch with referees in the finals of the Portland Regional of the NCAA Tournament at the Moda Center center.
April 1, 2024

NCAA Has No One to Blame for Latest Women’s March Madness Transgressions

NCAA is still making avoidable mistakes three years after a complete overhaul.
Nov 16, 2015; Bloomington, IN, USA; General view of the championship banners at Assembly Hall prior to the game between Austin Peay and Indiana.
March 31, 2024

How to Make It in Basketball: Become a Manager at Indiana

Inside the Hoosiers’ unglamorous, profoundly rewarding incubator for basketball’s biggest names.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Multiple - USA Careers
Multiple - USA Careers
Dunham's Sports
Multiple - USA Careers

Calling the Masters Can Make You—or Break You

Legends are made at Augusta—as long as they do things Augusta’s way.
April 10, 2024

The Masters’ Broadcasters Take What They Can Get

During the first two rounds, ESPN’s coverage begins at 3 p.m. ET.
April 12, 2024

Lawsuit Alleges ‘Fraudulent Coup’ at Former ‘Sports Illustrated’ Publisher

A messy situation just keeps getting messier.

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 8, 2024

Sports Media Game-Changer? Skydance Eyes CBS Parent in $5B Deal

The two sides have agreed to a month of exclusive talks.
April 8, 2024

South Carolina’s Title Win Smashes Ratings Records in Caitlin Clark’s Finale

The NCAA title game became the most-watched women’s college basketball game.
April 8, 2024

WNBA Commish Wants New Media-Rights Deal to Double Old One

The media-rights deal expires in 2025 to coincide with the Caitlin Clark effect.
April 6, 2024

Iowa-UConn Draws 14.2 Million Viewers, Racks Up Records

The Final Four matchup was the most-watched women’s college basketball game in history. And we’re not done yet.