That's the problem, with their current business model they will always "overpay" to get what they want with a diminishing base that still wants to consume TV content this way.
Nah, this isn't going to work. I'll pay for the NBA/MLB and watch WHATEVER game I want. Blackouts be damned, as slow as MLB was to accept online platforms like YouTube they are showing how to get it done with their MLB.TV package. That shyt has been on point for 15 years already and can't imagine ever going through a season without it tbh.
They even have the option to bypass blackouts now breh, the traditional cable model has been holding on for dear life to try and squeeze every last dollar they can.