Fans have no skin in the game other than their emotional attachment to the laundry.
How ever the owners and players wish the divide the pie is really not my concern. I will make my decision whether to support a team, watch its telecasts, or attend it's games based on things I can control.
If MLB wishes to price itself out of existence is not something I can control.
If they make bad choices and go the way of horse racing and prize fighting two sports which were arguably once more popular than MLB, then I will just find other sports to follow. I think that is the way of the world.
Life will go on.