The Minnesota Twins have struck a new deal with Diamond Sports Group, likely securing their presence on Bally Sports North for another season. This agreement, expected to receive final approval from a bankruptcy judge, maintains the status quo in terms of broadcasting arrangements.
Unfortunately for local fans who have ditched traditional cable packages, hopes for a direct-to-consumer viewing option in 2024 have been dashed. This development disappoints not only cord-cutters but also reflects broader concerns.
When Derek Falvey, the Twins’ president of baseball operations, initially announced plans to trim payroll for the upcoming season, he cited uncertainties stemming from the potential loss of $65 million in revenue following the expiration of their Bally Sports North deal. With this backdrop, it’s understandable that fans accustomed to streaming services are disheartened by recent news.
However, the new deal is projected to mitigate up to 85% of the revenue shortfall, potentially easing financial worries for the team. Yet, this doesn’t necessarily translate into increased spending on player salaries. Despite hopes among fans for notable acquisitions like Blake Snell or Jordan Montgomery, indications suggest otherwise.
According to Darren Wolfson of KSTP and SKOR North, the decision to slash $25 million from player salaries was made early in the offseason, well before the TV deal was settled. This underscores a deliberate cost-cutting strategy by the Twins’ ownership, regardless of external factors.
As things stand, this offseason the #MNTwins have lost (at MLB level): Sonny Gray, Jorge Polanco, Emilio Pagan, MAT, Donovan Solano
And brought in: Carlos Santana, Anthony DeSclafani, Justin Topa, Josh Staumont, Jay Jackson
Tough sell.
— Nick Nelson (@NickNelsonMN) February 5, 2024
The reluctance to boost spending on player salaries, especially following a successful playoff run, reflects poorly on the organization’s efforts to rebuild trust with the fanbase. Instead of capitalizing on momentum and strengthening the team, the focus appears to be on financial restraint.
The current situation highlights a missed opportunity for the Twins to invest in their roster and compete at the highest level. Despite previous expectations for increased spending, the reality seems to be one of continued frugality.
In summary, the new deal with Diamond Sports Group does little to alter the Twins’ offseason spending plans, disappointing fans and raising questions about the team’s commitment to on-field success.
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