Just because Amazon has tons of money to spend doesn't mean it's done so unwisely. And any potential investment in Diamond Sports Group would be a wise investment.
Diamond Sports Group has been locked in bankruptcy proceedings for month, leaving MLB, NBA, and NHL teams wondering if their contracts will be honored.
"To suggest that MLB or the Clubs would be ‘content,’ let alone willing, to endure such uncertainty into the 2024 season is misleading at best, and they should not be forced to endure another season in limbo."
"Josh’s strong relationships and track record of success at some of the biggest media companies in the world makes him an ideal addition to grow MLB’s content distribution globally."
Borrell Associates projects that figure will climb considerably over the next four years as the industry undergoes what it describes as a "great reshuffling."