CSN Houston bankruptcy: Rockets to take over as lead negotiators

Bob Levey

The Rockets will take over as lead negotiators in an attempt to fix a broken TV deal.

News continues to flood in today. It's not good news, it's not bad news, it's just...there. Thursday marked an update in the CSN Houston bankruptcy case, where the Astros and Jim Crane were to update the court with its progress on seeking carriage deals.

It seems safe to say that there's been no progress, which is bad news for big-talking Crane, who said he'd have a deal done in 30 days. Failing to deliver had consequences, as it appears the Rockets will take over as lead negotiator in the matter.

And more from Barron on the deal:

What does this mean? In the short term, it's good news. This means that an arbiter will not be appointed in order to negotiate carriage deals. Instead, the Rockets will do so. It's also interesting that the Rockets are trying to buy the network. If they buy out Crane and CSN, could they make it profitable? Would the Astros stick around if they get a flat fee from the Rockets?

Lots left to sort through from this hearing, but putting the Rockets as lead negotiators is a step forward and a move to get both teams back on TV, which is something we can all get behind.

UPDATE:

Here's a statement from the Astros, through Barron's Twitter feed. Bear with us:

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join The Crawfish Boxes

You must be a member of The Crawfish Boxes to participate.

We have our own Community Guidelines at The Crawfish Boxes. You should read them.

Join The Crawfish Boxes

You must be a member of The Crawfish Boxes to participate.

We have our own Community Guidelines at The Crawfish Boxes. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9351_tracker