The Royals announced today that have signed a new deal with Diamond Sports Group, owner of the FanDuel Sports Network, formerly known as Bally’s. That company will continue to broadcast the club’s games in 2025.
Coming into today, the Royals were one of the few clubs with their broadcast situation still up in the air. Diamond Sports Group was the broadcaster for almost half the league as of a few years ago, but cord cutting put a dent in the regional sports network (RSN) model. They filed for bankruptcy in March of 2023 and their profile has been decreasing since then.
As part of the bankruptcy process, Diamond dropped its deals with the Padres and Diamondbacks, leaving Major League Baseball to take over those broadcasts for the 2024 season. That still left Diamond with 12 clubs in 2024 but they revealed in court two months ago that they were only planning to keep one of those clubs for 2025, which was Atlanta.
Of the other 11, four of them followed the Padres and Diamondbacks in having MLB handle the broadcasts: the Brewers, Twins, Guardians and Reds. Six worked out new deals with Diamond, reportedly or presumedly with lower fees than their previous deals: the Marlins, Cardinals, Angels, Rays, Tigers and now the Royals. That leaves the Rangers as the final team in limbo. They reportedly aren’t going to return to Diamond but are looking into creating their own RSN, though it’s still unknown if they will be able to get that off the ground for the new season.
Diamond emerged from bankruptcy last month but it’s still unclear what the long-term relationship with Major League Baseball will be. It has been reported that none of the new Diamond deals go beyond 2028, with the league considering various plans for future broadcast deals. Per Anne Rogers of MLB.com, the Royals will have the chance to re-evaluate their Diamond deal after 2025, so it seems it’s only a one-year pact or perhaps has some kind of opt-out language.
Like the other clubs who re-upped with Diamond, the Royals are going to be receiving less revenue from this new pact than they did previously. As recently as 2022, they reportedly received $45MM for their annual rights fees but president of business operations Brooks Sherman confirmed today that the revenue will be lower in this new deal without providing specific, per Rogers.
How that impacts the club’s offseason remains to be seen. They were quite aggressive last winter, signing players like Michael Wacha and Seth Lugo, as well as giving a huge extension to Bobby Witt Jr. That aggression paid off, with the Royals going from 56 wins in 2023 to 86 in 2024, good enough for a Wild Card spot. RosterResource currently projects the Royals for a $116MM payroll next year, very close to where they were in 2024. The club recently added Jonathan India via trade and is reportedly looking for another lineup addition with a preference for the trade market over free agency.
For fans, it seems little will change. The games will still be on television as before and those who streamed via the Bally Sports app will just have to switch to the FanDuel Sports Network app. There’s also now the added option of streaming via an add-on to Amazon Prime, which is the case with all clubs who have deals with Diamond.
