The Atlanta Braves continues to be one of the biggest money makers in Major League Baseball. According to Front Office SportsAtlanta Braves Holdings, Inc. reported third-quarter earnings that included a 7 percent increase in total revenue to $290.7 million. This beats projections.

However, there is still uncertainty regarding media revenue. As of now, the Braves will remain tied to Regional sports networks for their TV coverage.

While Diamond Sports Group, owner of Fan Duel Sports Networks (formerly Bally and Fox Sports), has dropped a number of MLB teams, they want to hang on to the Braves.

So far, the Braves aren’t in trouble yet, but I can’t predict how long that will last.

“Although Diamond Sports Group’s pending bankruptcy proceeding has not previously had a material adverse impact on the company’s earnings,” Braves chairman and CEO Derek Schiller said in a call with analysts, the company received scheduled payments to date, we cannot currently predict whether it is reasonably likely that such bankruptcy proceedings will have a material adverse impact on our revenues in the future.”

Schiller remains bullish on the Braves’ outlook despite TV revenue limbo. He believes the Braves have an advantage because of their success on the field and the size of the market — like almost all of the Southeast U.S. — to find new revenue opportunities.

“Regardless of what happens, we think we’re in a very enviable position. … We think we have an opportunity to further capitalize on that (market) territory if those rights come our way,” Schiller said.

This is a continuation of the broadcast mess that has made it difficult for Braves fans to watch games. Xfinity/Comcast dropped the Bally Sports channels over the summer due to a contractual dispute with DSG. The TV provider ran out of channels from May 1 to August 1. Bally Sports channels are also not available on YouTube TV or Hulu.

Local RSN broadcast rights are also behind the blackouts for local MLB TV streamers. Teams that have moved to MLB-operated broadcasts will be able to have their broadcasts on MLB TV without interruption.

DSG filed for Chapter 11 bankruptcy in March 2023 to pay off more than $8 billion in debt. The debt comes from its owners, Sinclair Broadcast Group, which acquires regional sports networks from Disney after its acquisition of Twenty-First Century Fox in 2019.