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Red Sox Parent Teams Up With Pirates for RSN Clarity in Pittsburgh

Dec 15, 2023

While 11 MLB teams are still working through open questions surrounding their local media rights with Diamond Sports Group’s ongoing bankruptcy, and the effects of that on player payroll, the Pittsburgh Pirates have found critical clarity and much-needed revenue.

The small-market club has completed a deal with the Pittsburgh Penguins to become part-owner of SportsNet Pittsburgh, and the Pirates will continue to be shown on the regional sports network.

The agreement was always a logical outcome, but had faced some uncertainty. SportsNet Pittsburgh has gone through its own transition, having been acquired earlier this year by the Penguins’ parent, Fenway Sports Group, and the expiration of the Pirates’ prior rights deal with the end of the 2023 season.

Financial terms were not disclosed, but the pact, which takes effect Jan. 1, is described as a multiyear deal, and FSG’s New England Sports Network will continue to manage daily operations of SportsNet Pittsburgh. The RSN will again have a year-round portfolio of major pro teams with the Pirates and Penguins.

Source: Front Office Sports

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