Diamond Sports Group, the Sinclair subsidiary that owns the broadcasting rights of 14 MLB teams plus several NBA, NHL and WNBA teams, announced Tuesday it has filed for Chapter 11 bankruptcy.
LAKELAND, FL - MARCH 08: A detailed view of a Bally Sports microphone laying on the field after being used for an interview prior to the Spring Training game between the Detroit Tigers and the Washington Nationals at Publix Field at Joker Marchant Stadium on March 8, 2023 in Lakeland, Florida. The Tigers defeated the Nationals 2-1.
The development remains troubling for nearly half of MLB's teams, which typically count on payments from their RSNs for a large portion of their income.
Basically, the league would terminate every agreement in which Bally misses payments and produce its own broadcasts, then approach cable distributors to get those games on television, while also overhauling its streaming arm by offering in-market games to fans.
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Diamond Sports Group files for bankruptcy, will continue to broadcast MLB, NBA, NHL gamesDiamond Sports Group, which operates regional sports networks that televise nearly half of all MLB, NBA and NHL games, filed for Chapter 11 bankruptcy...
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Diamond Sports Group files for bankruptcyBally Sports owner Diamond Sports Group filed for Chapter 11 bankruptcy protection on Tuesday.
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Diamond Sports Group, America’s Largest Owner of RSNs, Files for BankruptcyThe Sinclair-affiliated RSN owner disclosed its plans Tuesday evening.
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Diamond Sports Group, Owner Of Bally Networks Once Run By Fox, Files For Chapter 11 BankruptcyDiamond Sports Group, operator of the largest string of regional sports networks in the U.S., has filed for Chapter 11 bankruptcy protection. The move, announced Tuesday night by the subsidiary of …
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Diamond Sports, largest owner of regional sports networks, files for bankruptcyDiamond Sports has filed for bankruptcy protection with plans to eliminate more than $8 billion in debt.
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Report: MLB closer to streaming Padres games as Bally Sports prepares to file for bankruptcyThe Padres are among about a half-dozen teams that could have their games streamed for free by Major League Baseball this season, the fallout as Diamond Sports prepares to file for bankruptcy on March 17, according to a New York Post report.
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