“The current costs associated with performing under the Diamondbacks agreement outweigh the revenues the debtors are able to obtain through broadcasting Diamondbacks games."
"Only after defaulting on their payment obligations do the debtors even raise the fanciful argument that they can choose to not pay the agreed upon contractual rate."
It is believed that the missed rights payment by Bally Sports Arizona triggers a clause in the contract that reverts the television rights back to the Diamondbacks and Major League Baseball.
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