MLB says teams have gotten 94% of money owed to them by Diamond Sports

Major League Baseball says teams have collected 94% of the money they have been owed by Diamond Sports. The company controls 19 networks under the Bally Sports banner and has been in Chapter 11 bankruptcy proceedings in Texas since March. MLB took over rights to San Diego Padres telecasts on May 31 after a rights payment was missed. MLB Commissioner Rob Manfred says sales of Padres games in San Diego are “well into the five figures" and adds “we have backstopped clubs to make sure that that there isn’t some unforeseen alteration in their revenue."