I cut the cord in January, and it's the best thing I ever did. Signed up for Hulu Live, but it was terrible. Constant buffering issues. I switched to PS Vue a few months ago and it's been terrific. I signed up for the mid-tier option, which is $45 (believe it's called Core) and gets pretty much any sports channel I would ever need. The quality is very good too (60 FPS for all channels, which is great for sports). I get SNY for early season games, ESPN, ESPN 2, ESPN U, ESPN News, CBS Sports Network, Big Ten network (I think we played Ohio State on that channel a few years ago), FS1 and 2, MLB and NFL network, TBS/TNT/TruTV for the NCAAs, and all the major networks.
As for internet, I just googled "introductory internet offers" and browsed each website for their best deals. Right now I have a one-year contract with Frontier for 90 mbps internet for $40 per month. It'll go up after the contract is over, but I'll be shopping deals with other cable companies around that time and if Frontier can't match their offers, I'll go elsewhere. Just making a phone call to your current provider and telling them you're going to cancel might also get you a pretty good deal too.
So all things considered, I'm paying about $85 a month for internet and TV, compared to my Comcast bill which had gotten up around $220 a month. I even called to see if they could lower it at all, but because SNY is considered a premium channel they could only lower it about $10-15 and it would've meant losing other channels. So I'm pretty happy with where we've gotten.