The NBA has informed the 13 teams affiliated with Main Street Sports Group that they’re free to seek new in-market media rights deals ahead of the 2026/27 season, reports Tom Friend of Sports Business Journal.
Main Street, previously known as Diamond Sports Group, runs FanDuel Sports Network, which broadcasts local and regional TV games for the Thunder, Spurs, Pistons, Cavaliers, Clippers, Heat, Timberwolves, Magic, Hornets, Hawks, Pacers, Grizzlies, and Bucks. However, the company is headed for insolvency and will discontinue broadcasting for those teams when the regular season concludes on April 12.
“FanDuel Sports Network has reached agreements with the NBA and NHL to broadcast games and other programming through the end of the 2026 NBA regular season and the end of the first round of the NHL playoffs,” a Main Street Sports Group spokesperson said in a statement to Sports Business Journal.
“We are preparing to wind down our operations upon seasons’ end unless we reach a strategic transaction. We’re pleased to finish out the NBA and NHL seasons, and we appreciate the collaborative relationships we have enjoyed with our team and league partners as well as the connections we have fostered with local fans.”
While this has been an expected outcome for months, it leaves nearly half of the teams in the league without in-market broadcasting contracts for next season. According to Friend, the 13 teams could opt for over-the-air channels or streaming options (or both), but whichever route they take, the league has been urging those clubs to sign one-year agreements or to at least have an opt out after one season, so they can join the streaming hub for local broadcasts the NBA plans to launch down the line.
However, the streaming RSN hub didn’t come up at last month’s Board of Governors meetings, Friend writes, and teams are operating as though it won’t be ready until 2027/28 at the earliest. DAZN has been aggressively reaching out to those 13 clubs to try and secure media rights with an eye on possibly running the streaming RSN hub.
As Friend details, DAZN could have competition for that national streaming project, with Amazon, YouTube TV and the ESPN app all potentially in the mix. DAZN also has competition for local rights, as multiple teams are considering streaming-only options instead of having over-the-air broadcasts. Victory+ (streaming only), ViewLift (Altitude for Denver and Monumental for Washington) and Kiswe (Jazz) are the other companies vying for regional streaming projects.
None of the 13 teams have received rights fee payments from Main Street in 2026, but multiple sources tell friend each club could receive up to 60% of its lost TV money once dissolution agreements are finalized with the NBA and Main Street.
Those lost payments impacted the latest salary cap projection for 2026/27, decreasing it by $1MM. Perhaps the projection will go up slightly if part of that lost money is recouped.
Pacers Sports and Entertainment CEO Mel Raines confirmed to Dustin Dopirak of The Indianapolis Star that Indiana is seeking a new broadcast partner for next season.
“We’re throwing a very wide net and looking to both potential over-the-air partners and direct-to-consumer partners and looking at every possible option to reach as many of our fans as we can next season over local television,” Raines said.