Google-owned YouTube TV will drop SNY, the last remaining New York City-area regional sports network on its lineup, as of July 1, the virtual MVPD said Thursday.

In an email  to subscribers, YouTube TV said that SNY — which televises New York Mets baseball games and offers coverage of the NFL’s New York Jets, among other programming — “will no longer be available on YouTube TV.” The move also eliminates all library content recorded from SNY. 

YouTube TV also said its subscribers will be able to continue watching select national Mets games on other networks such as Fox, ESPN, and TBS.

SNY on Thursday confirmed the move in a Tweet, stating that “despite our good faith efforts, YouTube TV is preparing to drop SNY and our exclusive live Mets games on July 1.” 

YouTube TV’s removal of SNY comes after the service dropped New York-based YES Network in 2020. Earlier this year the service also dropped MLB Network from its lineup.

YouTube TV will add the NFL Sunday Ticket package this fall to its offerings after Google in December purchased the distribution rights to the out-of-market package formerly distributed by DirecTV.

Sinclair Broadcast Group said it has purchased and assumed some of the obligations of regional sports network unit Diamond Sports Group.

Diamond Sports is the Sinclair unit that acquired the Fox regional sports networks that became part of Disney when Disney bought 21st Century Fox. The unit has about $9 billion in debt that Sinclair is trying to renegotiate.

The RSNs now carry the Bally Sports brand.

Sinclair said it made a payment to Diamond Sports lenders of $184.4 million under an account receivable securitization facility.

Sinclair and Diamond Sports also increased the size of the facility from up to $250 million to up to $400 million and extended the maturity data from Sept. 23, 2023 to Sept. 23, 2024.

“We believe our decision to have the Company assume the lender obligations under the A/R Facility demonstrates our sensible long-term support of DSG,” said Sinclair CEO Chris Ripley. “The amendment will provide DSG with additional flexibility to manage its liquidity. At the same time, we believe the structure of the facility results in a low risk, high quality investment for the Company.” 

Analyst Steven Cahall of Wells Fargo said he thought the maneuver will help smooth out Diamond Sports’ cash flows.

“We believe investors will now start asking, to what extent will Sinclair Broadcast underwrite Diamond liabilities? This could prove a modest, isolated circumstance, but if Sinclair believes there's future equity value to be had at Diamond then its future commitments could increase,” Cahall said in a note Monday.

Questions remain about the Sinclair RSNs’ ability to launch a direct-to-consumer streaming service. The leagues have questioned whether Sinclair has sufficient streaming rights. Sinclair last week said it had rights to four baseball teams and was in talks with the NBA and NHL.

“Depending on how these negotiations end, they likely will impact existing bondholders' calculus about funding a potential DTC product,” Cahall said. “If bondholders don’t think Sinclair has secured critical mass with DTC sports rights, but Sinclair does, it could lead to a cascade of events whereby Sinclair potentially funds the DTC efforts.

Sinclair has indicated it would seek $500-600 million in funding to launch the DTC product, Cahall said.

Dish Network has agreed said it will now provide the Las Vegas region access to AT&T SportsNet Rocky Mountain, the exclusive television home of the NHL’s surprise expansion sensation, the Vegas Golden Knights.

Starting with Saturday's regular-season opener for the Golden Knights, the regional sports network will also be available to Dish subscribers in parts of California, as well as Mohave County in Arizona.

Dish was the last major pay TV operator in the region to come to terms with AT&T on the RSN, with Cox and, of course DirecTV, already signed on. SportsNet is also home to Major League Baseball’s Colorado Rockies and the NBA’s Utah Jazz in the region.

The expansion Golden Knights shocked the pro sports world last season, the their first campaign as Stanley Cup runners-up.

“We are excited to announce this deal with Doish and bring the Vegas Golden Knights games to its customers in Las Vegas and surrounding areas,” said Nina Kinch, VP of affiliate relations for AT&T Sports Networks. “With the Vegas Golden Knights making it to the Stanley Cup Finals in their inaugural season, there is a high level of excitement for the team’s upcoming season and we are looking forward to Dish subscribers having access to this programming.”