Atlanta Braves He remains one of Major League Baseball’s biggest moneymakers. According to Front Office SportsAtlanta Braves Holdings, Inc. reported third-quarter earnings with a 7% increase in total revenue to $290.7 million. It exceeded predictions.

However, there are still uncertainties about media revenues. As of now, the Braves will remain with the team. Regional Sports Networks for TV broadcasts.

Diamond Sports Group, owner of Fan Duel Sports Networks (formerly Bally and Fox Sports), wants to hang on to the Braves while dropping a number of MLB teams.

As of right now, the Braves don’t have any issues, but they can’t predict how long it will last.

“Although Diamond Sports Group’s pending bankruptcy case has not previously had a material and adverse impact on the company’s revenue,” Braves president and CEO Derek Schiller said on an earnings call with analysts, “and while the company has received scheduled payments to date, we also “We cannot estimate at this time whether it is reasonably likely that bankruptcy proceedings will have a material adverse effect on our revenues in the future.”

Schiller remains confident in the Braves’ outlook despite the uncertainty surrounding TV revenue. He thinks the Braves have an advantage in finding new revenue opportunities because of their on-field success and market size (as in nearly the entire southeastern U.S.).

“We think we are in a very enviable position no matter what. … We think we have an opportunity to take more advantage of this (market) area if these rights come back to us,” Schiller said.

This is a continuation of the broadcast confusion that has made it difficult for Braves fans to watch games. Xfinity/Comcast shuts down Bally Sports channels over summer due to contract dispute With DSG. The TV provider was left without channels from 1 May to 1 August. Bally Sports channels are also not available on YouTube TV or Hulu.

Broadcast rights on local RSN are also behind the outages to local MLB TV broadcasters. Teams that switch to MLB-operated broadcasts will be able to broadcast on MLB TV without interruption.

DSG Filed for Chapter 11 Bankruptcy It will pay off more than $8 billion of debt in March 2023. The debt stems from owners Sinclair Broadcast Group, which purchased regional sports networks from Disney. Acquisition of Twenty-First Century Fox In 2019.