Amazon will make a minority investment in Diamond Sports as part of a restructuring deal for the owner of 18 regional sports networks, including Bally Sports Kansas City, and could televise games on the Amazon Prime platform this year. Diamond Sports is currently in Chapter 11 bankruptcy with a debt of $8.67 billion, according to a 2021 filing.
The deal could give more fans access to in-market MLB games, something baseball has struggled with the last few years since Sinclair Broadcasting, the parent company of Diamond Sports, purchased several regional sports networks that broadcast baseball games.