Add the NBA’s Phoenix Suns and the WNBA’s Phoenix Mercury to those who have cut the cord when it comes to cable television.
Mat Ishbia, the new owner of both franchises, announced Friday that his teams will move to free over-the-air television throughout multiple markets in Arizona, while also broadcasting games on a new streaming platform.
The Suns and Mercury in a statement from Ishbia said they would deliver all locally broadcast games to television and online streaming through a partnership with Gray Television Inc and video technology startup Kiswe.
The deal would increase the teams’ ability to reach customers who had cut their cable subscriptions, potentially allowing it to reach three times as many fans for each game, Suns and Mercury owner Mat Ishbia said.
‘Cord cutters, cable subscribers, fans with an antenna – everyone will be able to watch Suns and Mercury games,’ Ishbia said in a statement.
Phoenix Suns and Mercury owner Mat Ishbia said his team will move to a new broadcast group
Diamond Sports Group – operating as Bally Sports – said this move violates US bankruptcy law
The move comes as the teams’ contract with Bally Sports Arizona expired after 20 years. Bally Sports’ parent company, Diamond Sports Group, filed for bankruptcy in March.
‘We’re going to have more fans than ever before,’ said Ishbia, who purchased the teams in February.
‘We’re going to have more people who will have eyeballs on Devin Booker and Deandre (Ayton) and Kevin Durant, Chris (Paul) and cheer the team on. And more people buying merchandise because they’re bigger fans.’
Diamond Sports Group said it would oppose the deal.
‘The Phoenix Suns breached our contract and violated bankruptcy law, and Diamond Sports Group will pursue all remedies against any parties that attempt to exercise control over our property interests while we reorganize,’ Diamond Sports said in a statement.
U.S. bankruptcy law protects debtors from having their contracts modified or terminated without their consent. Diamond has said it will continue to broadcast all games under its existing contracts and make all required payments to NBA teams during its bankruptcy.
Diamond, which is owned by Sinclair Broadcast Group , televises games for nearly half of all teams in the National Basketball Association, Major League Baseball (MLB), and the National Hockey League under the Bally Sports brand.
Diamond filed for Chapter 11 protection in March with a proposal to cut $8 billion in debt.
Under the plan, the Suns and Mercury will produce their own games to broadcast locally
They will also be distributing the games from both teams nationally for free for chord cutters
It focused its objection on the Suns’ contract, but Diamond also broadcasts Mercury games, which will feature Brittney Griner, who has rejoined the team after her recent release from Russia in a prisoner swap with the U.S.
Griner had her first press conference with the team since her release from prison on Thursday, where she broke down in tears before thanking the media for their coverage of her struggles, while then telling them to cover the season in the same manner.
‘I would like to encourage all of you to be at our first game and our whole entire season, and the whole entire league as well, from start to finish,’ Griner demanded. ‘I expect to see this same coverage ’cause we have a great product.’
Diamond said at the start of its bankruptcy that it had good relationships with the NBA and its teams, pointing to MLB as the primary obstacle to its effort to pivot to streaming games online.
The Suns and Mercury did not disclose financial terms of the new broadcast deal or the terms of the current Diamond Sports contract.
Gray Television said the new deal would enable it to broadcast at least 70 regular-season games in future seasons.
Ishbia says the broadcasts will be aired on local television and a new streaming platform
While the Suns hope to more than triple available households in the state to 2.8 million, they are expected to take a financial hit when it comes to rights fees. Games are expected to be carried on over-the-air networks in Phoenix, Tucson, Yuma and Flagstaff using an in-house production team.
‘We’re not focusing on money. We’re focusing on winning, success and taking care of fans, taking care of the community,’ Ishbia said. ‘What happens is you always end up making money. It always works out.’
Currently, the NBA is in the seventh year of a nine year contract with both ESPN and Turner Sports – with the latter broadcasting games on TNT.
No fees have been officially released, but rumors stated that the two networks have paid the league a combined $2.7billion for the rights.
General Billing Rules
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If the system successfully accepts the early settlement of the bet, the member will not be able to cancel the transaction that has been settled in advance. The amount of bets that are successfully settled in advance will be directly returned to the member's account, and the bet will no longer be affected by the final settlement and official results of the betting event.
If the bet that was successfully settled in advance is canceled for some reason (such as VAR assistance-goals are not counted), the amount of the bet that was settled in advance will be deducted from the member's account. If the event has not ended yet, the early settlement function may appear again, otherwise the betting will be based on the event or official final result. The company reserves the right of final interpretation, please pay attention!
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In case of event cancellation or cut in half, the bets settled in advance after the interruption of the event will be cancelled, the amount settled in advance of the bet will be deducted from the member's account and the original betting amount will be returned; the bets settled in advance before the interruption of the event will still be considered It is a "valid bet slip".
Sports Event Casino Handicap Description
|PK||0||It means not giving in to each other, and winning 1 point wins all.|
|0-50||0/0.5||Indicates that when the handicap team is tied with the transferee team, the team betting on the handicap loses 50%.|
|0 loss||0.5||Indicates that when the handicap team is tied with the transferee team, the team betting on the handicap loses.|
|1+50||0.5/1||When the handicap team wins the handicap team by 1 point, the team betting on the handicap wins 50% and wins all 2 points.|
|1 level||1||Indicates that when the handicap team wins the handicap team by 1 point, the two teams will tie and win by 2 points.|
|1-50||1/1.5||When the handicap team wins the handicap team by 1 point, the team betting on the handicap loses 50% and wins all 2 points.|
|1 loss||1.5||When the handicap team wins the handicap team by 1 point, the team betting on the handicap loses all and wins by 2 points.|
|2+50||1.5/2||When the handicap team wins the handicap team by 2 points, the team betting on the handicap wins 50% and wins all 3 points.|
|2 flat||2||Indicates that when the handicap team wins the handicap team by 2 points, the two teams will tie and win all 3 points.|
|2 losses||2/2.5||When the handicap team wins the handicap team by 2 points, the team betting on the handicap loses 50% and wins all 3 points.|
|3+50||2.5||When the handicap team wins the handicap team by 2 points, the team betting on the handicap loses all and wins all 3 points.|
|3 losses||2.5/3||When the handicap team wins the handicap team by 3 points, the team betting on the handicap wins 50%, and all 4 points win.|
|3 levels||3||Indicates that when the handicap team wins the handicap team by 3 points, the two teams will tie and win all 4 points.|
|3-50||3/3.5||When the handicap team wins the handicap team by 3 points, the team betting on the handicap loses 50% and wins all 4 points.|
|3 losses||3.5||When the handicap team wins the handicap team by 3 points, the team betting on the handicap loses all and wins all 4 points.|
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Online gaming refers to games played with other players over the Internet. Common online games include role-playing games, strategy games, shooting games, racing games, board games, etc. Players can fight or compete with other players or computers via the Internet, and can communicate and cooperate with other players.
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Here are some common sports betting plays:
Winning the Game: This is one of the most common sports betting variants where players bet on which team or athlete will win the game before it starts.
Handicap Market: This bet is based on point difference, and punters must predict whether the winner's point difference is greater or less than a preset point difference.
Over/Under: This bet is based on the total points scored in the game, and punters must predict whether the total points in the game will be greater or less than the preset score.
Specific Event Markets: This type of betting usually involves specific events in the game, such as first score, player scoring, free throw percentage, etc., and the punter must predict whether the specific event will occur or be achieved.
Online betting: This type of play refers to betting while the game is in progress, and the punter can change the bet at any time and make a decision based on the real-time situation of the game.
It should be noted that sports betting is a high-risk gambling activity that needs to be treated with caution. It is recommended to gamble on legal betting websites and bet according to your own financial ability.
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