Updated: In perhaps the biggest undoing yet for the troubled regional sports networks business, Sinclair subsidiary Diamond Sports Group has opted not to continue paying Major League Baseball's San Diego Padres and will no longer be able to keep the team in the Bally Sports regional sports networks portfolio.
“Diamond Sports Group (DSG) has decided not to provide additional funding to the San Diego RSN that would enable it to make the rights payment to the San Diego Padres during the grace period and will no longer be broadcasting Padres games after Tuesday, May 30," Diamond said in a statement provided to Next TV Tuesday later-afternoon.
