Cincinnati Reds Partner with FanDuel for Game Broadcasts After Diamond Sports Bankruptcy
January 14, 2025This announcement comes shortly after Diamond Sports Group emerged from Chapter 11 bankruptcy on January 2, 2025, rebranding itself as Main Street Sports Group.
Main Street Sports Group will hold broadcasting rights for nine MLB teams in the upcoming season, while Major League Baseball will distribute games for five teams.
Initially, the Reds intended for their games to be produced and distributed by Major League Baseball, but opted for a different approach.
The Reds previously owned a 20% stake in what is now FanDuel Sports Network Ohio, which was bought back by Diamond for $1.
With this agreement, the Reds become the second MLB team to return to the regional sports network model, following the Milwaukee Brewers' announcement of a similar deal on December 31, 2024.
Doug Healy, the Reds' COO and CFO, highlighted that this decision ensures continuity for fans to watch games as they have in previous seasons.
This move follows the termination of a joint venture with Diamond Sports Group, which was undergoing bankruptcy proceedings.
Fans who subscribe directly to FanDuel Sports Network will also have access to the Reds' games.
Additionally, fans within the Reds' TV territory will be able to stream games and other programming through the FanDuel Sports Network app.
The Cincinnati Reds have reached an agreement to broadcast their games on FanDuel Sports Network Ohio for the upcoming season.
Summary based on 1 source
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Source
ESPN • Jan 13, 2025
Reds' games to air locally on FanDuel Sports Network Ohio - ESPN