Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
The Cincinnati Reds and Diamond Sports Group have decided to end their joint venture, allowing the Reds to search for a new home to carry their local games on TV. The Reds were joint owners in what is now FanDuel Sports Network Ohio. FanDuel took over naming rights for Diamond's 16 regional sports networks last month after Diamond had an agreement with Bally Sports since March 2021. According to a filing of the settlement, Cincinnati had a 20% stake in the network. Diamond will buy back the Reds' stake for $1. It is likely that Major League Baseball will produce and distribute Reds games next season.
