Story perspectives

MLB Teams Cut Ties with Main Street Amid Bankruptcy Concerns

1/9/2026

Summary

MLB Takes Control

Nine Major League Baseball teams terminated contracts with FanDuel Sports Network and Main Street Sports Group.
The Atlanta Braves and Los Angeles Angels seek protection from bankruptcy filings by Main Street Sports Group.
Major League Baseball Commissioner Rob Manfred said the league is prepared to take over broadcasts if necessary to maximize revenue.
Main Street Sports Group has missed payments to some teams, raising concerns about its viability.

History

Historical Context

In 1922, the U.S. Supreme Court ruled in Federal Baseball Club v. National League that Major League Baseball (MLB) was exempt from antitrust laws, allowing it to operate without competitive restrictions. This ruling has enabled MLB to negotiate lucrative broadcasting contracts, generating over $10 billion in annual revenue by 2021. Recent contract terminations and bankruptcy filings by teams signal ongoing financial challenges for the league.

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MLB Takes Control

Nine Major League Baseball teams terminated contracts with FanDuel Sports Network and Main Street Sports Group.
The Atlanta Braves and Los Angeles Angels seek protection from bankruptcy filings by Main Street Sports Group.
Major League Baseball Commissioner Rob Manfred said the league is prepared to take over broadcasts if necessary to maximize revenue.
Main Street Sports Group has missed payments to some teams, raising concerns about its viability.

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