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Wikipedia

Diamond Sports Group

Diamond Sports Group LLC is an American media and entertainment company operating as a subsidiary of Sinclair Broadcast Group, and partnered with Allen Media Group. The company operates Bally Sports, a group of regional sports channels that was formerly known as the Fox Sports Networks. The company also has stakes in Marquee Sports Network and YES Network.

Diamond Sports Group LLC
Company typePrivate
IndustrySports
FoundedMay 3, 2019; 5 years ago (2019-05-03)
Area served
United States
Key people
David Preschlack (CEO)
David DeVoe (CFO and COO)
Randy Freer (board member)
Mary Ann Turcke (board member)
Bob Whitsitt (board member)
Chris Ripley (board member)
ServicesBally Sports networks
OwnersSinclair Broadcast Group
Allen Media Group

History edit

Sinclair Broadcast Group formed the company with Byron Allen's Allen Media Group to acquire 22 regional Fox Sports Networks affiliates and Fox College Sports from The Walt Disney Company, which was required to divest of these networks to secure government antitrust approval.[1] The transaction, initially valued at $10.6 billion, is managed through a joint venture called Diamond Holdings Group,[2] and formally closed the transfer in August 2019 for $9.6 billion.[3]

The company's regional sports networks have exclusive broadcasting rights to 42 professional teams (including 16 National Basketball Association teams, 14 Major League Baseball teams, and 12 National Hockey League teams),[4] and the channels collectively generated $3.8 billion in 2018, across nearly 75 million subscribers.[2]

Sinclair took a $4.23 billion write-down of its regional sports assets in 2020 after a downturn in the business.[5]

On November 18, 2020, Sinclair announced that it had entered into an agreement with casino operator Bally's Corporation to acquire the naming rights under a 10-year deal.[6]

On January 27, 2021, Sinclair announced that the networks would be rebranded as Bally Sports on March 31.[7][8][9] In December 2021, the company reached an extension agreement with the National Hockey League.[10]

On May 2, 2022, Diamond Sports Group assembled a board of five directors, made up of Bob Whitsitt, Sinclair CEO Chris Ripley, Randy Freer, a former Fox Sports/Hulu executive, Mary Ann Turcke, a former COO of the NFL, and David Preschlack (previously President of the NBC Sports Regional Networks); Preschlack would be elected CEO of Diamond on December 5.[11]

On June 23, 2022, Bally Sports soft-launched a direct-to-consumer service known as Bally Sports Plus (or Bally Sports+) in selected markets. It is expected to launch nationally in the remainder of the networks' footprint on September 26.[12]

On December 4, 2022, Diamond Sports Group's board had voted to block the Sinclair Broadcast Group from operating Diamond and its regional sports networks.[13]

An email from Diamond CEO David Preschlack announced on March 20, 2023 that Steve Rosenberg would no longer be the president of Diamond Sports Group; Rosenberg's last day as president of Diamond was March 19. With his departure, Diamond's chief financial officer David DeVoe will take on the role of COO.[14]

On May 1, 2024, cable companies Xfinity and Midco dropped the Bally Sports networks as part of a carriage dispute.[15][16]

Bankruptcy edit

On March 14, 2023, Diamond Sports filed for Chapter 11 bankruptcy,[17] 30 days after they failed to make a $140M interest payment.[18] Diamond’s first-lien lenders will not be affected as part of the restructuring support agreement, but other creditors will convert their debt into equity. Diamond also plans to separate from Sinclair and become an entirely new entity.[19]

During its bankruptcy, Diamond has missed payments to the Arizona Diamondbacks, Texas Rangers, Cleveland Guardians and Minnesota Twins of Major League Baseball (MLB), the Arizona Coyotes of the National Hockey League (NHL), the Orlando Magic of the National Basketball Association (NBA), and to Raycom Sports for its ACC on Regional Sports Networks package and the Orange Bowl for its Orange Bowl Classic men's college basketball tournament.[20][21][22][23][24][25][26] Diamond also entered grace periods for their payments to the San Diego Padres and Cincinnati Reds of MLB, which they eventually made.[27][28]

On April 5, 2023, Major League Baseball filed an emergency motion asking the bankruptcy judge to order Diamond to pay the teams they missed payments to or give the media rights back to the MLB. Diamond argued that because of cord-cutting the contract rate for the media rights of the teams was too high.[29][26][23][30] As an interim, on April 19, the bankruptcy judge ordered Diamond Sports to pay 50% of what the Diamondbacks, Guardians, Twins and Rangers are owed.[31] On June 1, 2023, after a two day-long hearing, the bankruptcy judge ordered Diamond to pay the teams fully within five days.[32] Diamond would go on to pay the Rangers and Twins for the remainder of the season and the Guardians through July.[33][34]

On April 28, 2023, the Phoenix Suns of the NBA and Phoenix Mercury of the Women's National Basketball Association (WNBA) announced they had signed a five-year agreement with Gray Television to replace Bally Sports Arizona as its local television partners.[35] After the announcement, Diamond Sports Group accused the team of breaching its contract and bankruptcy law, stating that the team was making an "improper effort" to "change their broadcasting partner without permitting Diamond to exercise our contractual rights." In response, Suns CEO Josh Bartlestein stated that "Diamond's position is totally inaccurate. We are moving forward with this deal and could not be more excited about what it means for our fans and our future."[36][37][38] On May 10, 2023, the bankruptcy judge voided the Suns contract with Gray, ruling that the Suns violated Bally Sports Arizona's contractual right of first refusal. He ordered the parties into arbitration. The Phoenix Mercury's deal was not affected.[39] On July 14, 2023, the deal became official when Diamond declined to match Gray's contract offer.[40]

On May 31, 2023, Diamond officially missed a second payment to the Padres, and the Padres' television rights were returned to Major League Baseball. Because Bally Sports San Diego, which aired Padres games, is a joint venture between the Padres and Diamond it is technically not in bankruptcy. Therefore this missed payment did not have the same bankruptcy protections that Diamond's other missed payments had.[41][42] Padres games will be available blackout free on MLB.tv, as well as through channels on select cable providers, including YurView California, in the San Diego area. MLB Network will produce the games with the Padres' regular commentators.[43][42]

On June 14, 2023, Diamond rejected its contract with Raycom Sports to distribute a package of Atlantic Coast Conference games, freeing Raycom to sell the package to other networks.[44] A month later, Raycom announced that The CW had bought the rights.[45]

On June 22, 2023, Diamond announced its intention to reject its contract with the Arizona Diamondbacks on June 30, 2023.[46] Diamond and the Arizona Diamondbacks later released a joint statement pushing back the hearing and agreeing to continue Diamond's broadcast of Diamondbacks' games.[47] The contract was officially rejected on July 18. As for the Padres, Major League Baseball took over production.[48]

On July 21, 2023, Diamond sued the Sinclair Broadcast Group, their parent, over transactions made when Sinclair had control over the company. Diamond alleged that Sinclair made transactions that were designed to benefit itself while hurting its subsidiary.[49] On August 11, 2023, the bankruptcy judged granted an 80 day extension to Diamond Sports to file their reorganization plan. The plan is due on September 30.[50]

On September 28, 2023, the New York Post and Next TV reported that Diamond Sports had reached one-year carriage agreements with DirecTV and Comcast prior to their restructuring deadline.[51][52] On September 29, Diamond Sports requested a 60-day extension to file their reorganization plan.[53] On October 11, 2023, Major League Baseball filed a notice opposing Diamond Sports' request for an extension. The MLB also asked the bankruptcy court to force Diamond to decide on whether the company would air games from the Atlanta Braves, Cleveland Guardians, Detroit Tigers, Milwaukee Brewers and Texas Rangers in 2024.[54]

On October 1, 2023, Diamond Sports missed a payment to the Orlando Magic of the National Basketball Association. But, on November 6, 2023, Diamond Sports and the National Basketball Association reached a one-year agreement that will result in the contracts for NBA teams airing on Diamond expiring after the 2023–24 NBA season but will result in the Orlando Magic being paid. Across the board, all NBA teams airing on Diamond Sports will receive a 16% reduction in the money they receive from Diamond Sports but will be able to sell 10 games exclusively to local over-the-air networks.[55][22] The sold games will continue to be produced by Bally Sports.[56][57]

On October 4, 2023, Diamond announced that it intended to reject its contract with the Arizona Coyotes.[21] The next day, Scripps Sports announced it had acquired the rights and that games would air on KASW.[58] As a result, with no remaining professional sports rights, Bally Sports Arizona was shut down on October 21, 2023. [59][60] On October 10, 2023, Diamond announced that it intended to reject its contract with the Orange Bowl for its Orange Bowl Classic men's college basketball tournament.[20]

On December 20, 2023, Diamond Sports and the National Hockey League reached a similar agreement to the NBA's November 6 deal that will also result in the contracts for all NHL teams airing on Diamond expiring after the 2023–24 NHL season, pending approval by the bankruptcy court.[61]

On January 17, 2024, Diamond Sports announced a restructuring agreement after receiving a $115 million investment from Amazon, which will result in a 15% share of the company, and reaching an agreement with the Sinclair Broadcast Group for a $495 million cash payment to settle an earlier lawsuit.[62] On January 26, 2024, committee of unsecured creditors objected to the restructuring agreement, arguing that financing in the restructuring agreement did not have the committee's best interests in mind.[63] The restructuring agreement supersedes the prior agreements with the NHL and NBA, so rights for the NBA and NHL will no longer expire following the 2023–24 season.[64]

On February 2, 2024, Diamond Sports announced agreements with the Texas Rangers, Cleveland Guardians and Minnesota Twins of Major League Baseball that will result in a decreased rights fee and will end their contracts with Diamond after the 2024 season.[65][66]

Diamond Sports Group officially filed its reorganization plan on March 1, 2024. As part of the plan, Diamond will end its naming rights deal with Bally's Corporation and rebrand its networks by the end of the 2024 MLB season.[67]

TV rights status for teams with a missed payment, expiring contract or new contract
Team Date of action Status
ACC on Regional Sports Networks March 2023, June 2023 TV rights returned to Raycom Sports[44] (Sublicense acquired by The CW)
Arizona Coyotes October 2023 TV rights acquired by Scripps Sports[58]
Arizona Diamondbacks March 2023, July 2023 TV rights returned to MLB[47]
Atlanta Hawks January 2024 10 games acquired by Gray Television, remaining games on Bally Sports[68]
Cincinnati Reds April 2023 Paid through 2023[69]
Cleveland Cavaliers February 2024 5 games acquired by Gray Television, remaining games on Bally Sports[70]
Cleveland Guardians April 2023, February 2024 Paid through 2023, will now expire after the 2024 season[71][66]
Dallas Mavericks January 2024 10 games acquired by Tegna Inc., remaining games on Bally Sports[72]
Los Angeles Kings September 2023 6 games acquired by CBS News and Stations, remaining games on Bally Sports. Multi-year agreement.[73]
Milwaukee Bucks January 2024 10 games acquired by Weigel Broadcasting, remaining games on Bally Sports[74]
Minnesota Twins April 2023, February 2024 Paid through 2023, new contract reached which will expire after the 2024 season[75][66]
New Orleans Pelicans January 2024 10 games acquired by Gray Television, remaining games on Bally Sports[76]
Oklahoma City Thunder January 2024 8 games acquired by Griffin Media, remaining games on Bally Sports[77]
Orlando Magic October 2023 Expected to be paid following approval of larger deal with the NBA[22]
Phoenix Suns July 2024 TV rights acquired by Gray Television[40]
San Diego Padres March 2023, May 2023 TV rights returned to MLB[41]
Texas Rangers April 2023, February 2024 Paid through 2023, will now expire after the 2024 season[78][66]

References edit

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diamond, sports, group, american, media, entertainment, company, operating, subsidiary, sinclair, broadcast, group, partnered, with, allen, media, group, company, operates, bally, sports, group, regional, sports, channels, that, formerly, known, sports, networ. Diamond Sports Group LLC is an American media and entertainment company operating as a subsidiary of Sinclair Broadcast Group and partnered with Allen Media Group The company operates Bally Sports a group of regional sports channels that was formerly known as the Fox Sports Networks The company also has stakes in Marquee Sports Network and YES Network Diamond Sports Group LLCCompany typePrivateIndustrySportsFoundedMay 3 2019 5 years ago 2019 05 03 Area servedUnited StatesKey peopleDavid Preschlack CEO David DeVoe CFO and COO Randy Freer board member Mary Ann Turcke board member Bob Whitsitt board member Chris Ripley board member ServicesBally Sports networksOwnersSinclair Broadcast GroupAllen Media GroupHistory editSinclair Broadcast Group formed the company with Byron Allen s Allen Media Group to acquire 22 regional Fox Sports Networks affiliates and Fox College Sports from The Walt Disney Company which was required to divest of these networks to secure government antitrust approval 1 The transaction initially valued at 10 6 billion is managed through a joint venture called Diamond Holdings Group 2 and formally closed the transfer in August 2019 for 9 6 billion 3 The company s regional sports networks have exclusive broadcasting rights to 42 professional teams including 16 National Basketball Association teams 14 Major League Baseball teams and 12 National Hockey League teams 4 and the channels collectively generated 3 8 billion in 2018 across nearly 75 million subscribers 2 Sinclair took a 4 23 billion write down of its regional sports assets in 2020 after a downturn in the business 5 On November 18 2020 Sinclair announced that it had entered into an agreement with casino operator Bally s Corporation to acquire the naming rights under a 10 year deal 6 On January 27 2021 Sinclair announced that the networks would be rebranded as Bally Sports on March 31 7 8 9 In December 2021 the company reached an extension agreement with the National Hockey League 10 On May 2 2022 Diamond Sports Group assembled a board of five directors made up of Bob Whitsitt Sinclair CEO Chris Ripley Randy Freer a former Fox Sports Hulu executive Mary Ann Turcke a former COO of the NFL and David Preschlack previously President of the NBC Sports Regional Networks Preschlack would be elected CEO of Diamond on December 5 11 On June 23 2022 Bally Sports soft launched a direct to consumer service known as Bally Sports Plus or Bally Sports in selected markets It is expected to launch nationally in the remainder of the networks footprint on September 26 12 On December 4 2022 Diamond Sports Group s board had voted to block the Sinclair Broadcast Group from operating Diamond and its regional sports networks 13 An email from Diamond CEO David Preschlack announced on March 20 2023 that Steve Rosenberg would no longer be the president of Diamond Sports Group Rosenberg s last day as president of Diamond was March 19 With his departure Diamond s chief financial officer David DeVoe will take on the role of COO 14 On May 1 2024 cable companies Xfinity and Midco dropped the Bally Sports networks as part of a carriage dispute 15 16 Bankruptcy edit On March 14 2023 Diamond Sports filed for Chapter 11 bankruptcy 17 30 days after they failed to make a 140M interest payment 18 Diamond s first lien lenders will not be affected as part of the restructuring support agreement but other creditors will convert their debt into equity Diamond also plans to separate from Sinclair and become an entirely new entity 19 During its bankruptcy Diamond has missed payments to the Arizona Diamondbacks Texas Rangers Cleveland Guardians and Minnesota Twins of Major League Baseball MLB the Arizona Coyotes of the National Hockey League NHL the Orlando Magic of the National Basketball Association NBA and to Raycom Sports for its ACC on Regional Sports Networks package and the Orange Bowl for its Orange Bowl Classic men s college basketball tournament 20 21 22 23 24 25 26 Diamond also entered grace periods for their payments to the San Diego Padres and Cincinnati Reds of MLB which they eventually made 27 28 On April 5 2023 Major League Baseball filed an emergency motion asking the bankruptcy judge to order Diamond to pay the teams they missed payments to or give the media rights back to the MLB Diamond argued that because of cord cutting the contract rate for the media rights of the teams was too high 29 26 23 30 As an interim on April 19 the bankruptcy judge ordered Diamond Sports to pay 50 of what the Diamondbacks Guardians Twins and Rangers are owed 31 On June 1 2023 after a two day long hearing the bankruptcy judge ordered Diamond to pay the teams fully within five days 32 Diamond would go on to pay the Rangers and Twins for the remainder of the season and the Guardians through July 33 34 On April 28 2023 the Phoenix Suns of the NBA and Phoenix Mercury of the Women s National Basketball Association WNBA announced they had signed a five year agreement with Gray Television to replace Bally Sports Arizona as its local television partners 35 After the announcement Diamond Sports Group accused the team of breaching its contract and bankruptcy law stating that the team was making an improper effort to change their broadcasting partner without permitting Diamond to exercise our contractual rights In response Suns CEO Josh Bartlestein stated that Diamond s position is totally inaccurate We are moving forward with this deal and could not be more excited about what it means for our fans and our future 36 37 38 On May 10 2023 the bankruptcy judge voided the Suns contract with Gray ruling that the Suns violated Bally Sports Arizona s contractual right of first refusal He ordered the parties into arbitration The Phoenix Mercury s deal was not affected 39 On July 14 2023 the deal became official when Diamond declined to match Gray s contract offer 40 On May 31 2023 Diamond officially missed a second payment to the Padres and the Padres television rights were returned to Major League Baseball Because Bally Sports San Diego which aired Padres games is a joint venture between the Padres and Diamond it is technically not in bankruptcy Therefore this missed payment did not have the same bankruptcy protections that Diamond s other missed payments had 41 42 Padres games will be available blackout free on MLB tv as well as through channels on select cable providers including YurView California in the San Diego area MLB Network will produce the games with the Padres regular commentators 43 42 On June 14 2023 Diamond rejected its contract with Raycom Sports to distribute a package of Atlantic Coast Conference games freeing Raycom to sell the package to other networks 44 A month later Raycom announced that The CW had bought the rights 45 On June 22 2023 Diamond announced its intention to reject its contract with the Arizona Diamondbacks on June 30 2023 46 Diamond and the Arizona Diamondbacks later released a joint statement pushing back the hearing and agreeing to continue Diamond s broadcast of Diamondbacks games 47 The contract was officially rejected on July 18 As for the Padres Major League Baseball took over production 48 On July 21 2023 Diamond sued the Sinclair Broadcast Group their parent over transactions made when Sinclair had control over the company Diamond alleged that Sinclair made transactions that were designed to benefit itself while hurting its subsidiary 49 On August 11 2023 the bankruptcy judged granted an 80 day extension to Diamond Sports to file their reorganization plan The plan is due on September 30 50 On September 28 2023 the New York Post and Next TV reported that Diamond Sports had reached one year carriage agreements with DirecTV and Comcast prior to their restructuring deadline 51 52 On September 29 Diamond Sports requested a 60 day extension to file their reorganization plan 53 On October 11 2023 Major League Baseball filed a notice opposing Diamond Sports request for an extension The MLB also asked the bankruptcy court to force Diamond to decide on whether the company would air games from the Atlanta Braves Cleveland Guardians Detroit Tigers Milwaukee Brewers and Texas Rangers in 2024 54 On October 1 2023 Diamond Sports missed a payment to the Orlando Magic of the National Basketball Association But on November 6 2023 Diamond Sports and the National Basketball Association reached a one year agreement that will result in the contracts for NBA teams airing on Diamond expiring after the 2023 24 NBA season but will result in the Orlando Magic being paid Across the board all NBA teams airing on Diamond Sports will receive a 16 reduction in the money they receive from Diamond Sports but will be able to sell 10 games exclusively to local over the air networks 55 22 The sold games will continue to be produced by Bally Sports 56 57 On October 4 2023 Diamond announced that it intended to reject its contract with the Arizona Coyotes 21 The next day Scripps Sports announced it had acquired the rights and that games would air on KASW 58 As a result with no remaining professional sports rights Bally Sports Arizona was shut down on October 21 2023 59 60 On October 10 2023 Diamond announced that it intended to reject its contract with the Orange Bowl for its Orange Bowl Classic men s college basketball tournament 20 On December 20 2023 Diamond Sports and the National Hockey League reached a similar agreement to the NBA s November 6 deal that will also result in the contracts for all NHL teams airing on Diamond expiring after the 2023 24 NHL season pending approval by the bankruptcy court 61 On January 17 2024 Diamond Sports announced a restructuring agreement after receiving a 115 million investment from Amazon which will result in a 15 share of the company and reaching an agreement with the Sinclair Broadcast Group for a 495 million cash payment to settle an earlier lawsuit 62 On January 26 2024 committee of unsecured creditors objected to the restructuring agreement arguing that financing in the restructuring agreement did not have the committee s best interests in mind 63 The restructuring agreement supersedes the prior agreements with the NHL and NBA so rights for the NBA and NHL will no longer expire following the 2023 24 season 64 On February 2 2024 Diamond Sports announced agreements with the Texas Rangers Cleveland Guardians and Minnesota Twins of Major League Baseball that will result in a decreased rights fee and will end their contracts with Diamond after the 2024 season 65 66 Diamond Sports Group officially filed its reorganization plan on March 1 2024 As part of the plan Diamond will end its naming rights deal with Bally s Corporation and rebrand its networks by the end of the 2024 MLB season 67 TV rights status for teams with a missed payment expiring contract or new contract Team Date of action Status ACC on Regional Sports Networks March 2023 June 2023 TV rights returned to Raycom Sports 44 Sublicense acquired by The CW Arizona Coyotes October 2023 TV rights acquired by Scripps Sports 58 Arizona Diamondbacks March 2023 July 2023 TV rights returned to MLB 47 Atlanta Hawks January 2024 10 games acquired by Gray Television remaining games on Bally Sports 68 Cincinnati Reds April 2023 Paid through 2023 69 Cleveland Cavaliers February 2024 5 games acquired by Gray Television remaining games on Bally Sports 70 Cleveland Guardians April 2023 February 2024 Paid through 2023 will now expire after the 2024 season 71 66 Dallas Mavericks January 2024 10 games acquired by Tegna Inc remaining games on Bally Sports 72 Los Angeles Kings September 2023 6 games acquired by CBS News and Stations remaining games on Bally Sports Multi year agreement 73 Milwaukee Bucks January 2024 10 games acquired by Weigel Broadcasting remaining games on Bally Sports 74 Minnesota Twins April 2023 February 2024 Paid through 2023 new contract reached which will expire after the 2024 season 75 66 New Orleans Pelicans January 2024 10 games acquired by Gray Television remaining games on Bally Sports 76 Oklahoma City Thunder January 2024 8 games acquired by Griffin Media remaining games on Bally Sports 77 Orlando Magic October 2023 Expected to be paid following approval of larger deal with the NBA 22 Phoenix Suns July 2024 TV rights acquired by Gray Television 40 San Diego Padres March 2023 May 2023 TV rights returned to MLB 41 Texas Rangers April 2023 February 2024 Paid through 2023 will now expire after the 2024 season 78 66 References edit Mirabella Lorraine May 7 2019 Sinclair stock soars over sports deal The Baltimore Sun Retrieved September 22 2020 a b Littleton Cynthia May 3 2019 Sinclair Clinches Disney Regional Sports Networks Deal Byron Allen Joins as Partner Variety Retrieved September 22 2020 Hayes Dade August 23 2019 Disney Sinclair Broadcast Group Byron Allen Close Regional Sports Network Deal Deadline Retrieved September 22 2020 Sinclair Completes Acquisition of Regional Sports Networks From Disney The Walt Disney Company August 23 2019 Retrieved September 23 2020 Bloom David 4 November 2020 Sinclair Writes Off 4 2 Billion On Regional Sports Channels Amid Strong Political Advertising Forbes Retrieved 7 September 2022 Novy Williams Eben 2020 11 19 Bally s Buys Sinclair RSN Naming Rights As Part of Sports Betting Push Sportico com Retrieved 2020 11 19 Balderston Michael 2021 01 27 Sinclair Bally Reveal Bally Sports Rebrand for RSNs TVTechnology Archived from the original on 2021 01 27 Retrieved 2021 01 28 Farewell Fox Sports West Hello Bally Sports Los Angeles Times 2020 11 19 Archived from the original on 2020 11 19 Retrieved 2021 01 28 Bally Sports Coming March 31 YouTube Fox Sports Midwest March 18 2021 Retrieved March 18 2021 Sinclair s Diamond Sports Group Inks NHL Renewal Deal MLB Lockout Looms www mediapost com Retrieved 2021 12 04 Diamond Sports Announces New Board of Managers Business Wire Sinclair Broadcast Group 2 May 2022 Retrieved 5 January 2023 Bucholtz Andrew 2022 08 17 Bally Sports has an official all markets launch date Awful Announcing Retrieved 2022 08 17 Crupi Anthony 4 December 2022 Diamond Sports Removes Sinclair as Operator of Regional Sports Networks Sportico Penske Media Corporation Retrieved 5 January 2023 Ourand John 20 March 2023 Steve Rosenberg out as president of Diamond Sports Group Sports Business Journal Leaders Group Retrieved 20 March 2023 Mayer Eric May 1 2024 Midco Bally Sports disagreement leaves Minnesota Twins off air KELO TV Retrieved May 2 2024 Rizzo Lillian May 1 2024 Bally Sports regional networks go dark for Comcast cable customers CNBC Retrieved May 2 2024 Diamond Sports Group Commences Voluntary Chapter 11 Proceedings to Strengthen Balance Sheet Business Wire Press release March 14 2023 Retrieved March 14 2023 Ourand John February 15 2023 Diamond Sports Group not making 140M interest payment Sports Business Journal Leaders Group Retrieved February 15 2023 Rizzo Lillian March 14 2023 Diamond Sports largest owner of regional sports networks files for bankruptcy CNBC Retrieved May 2 2023 a b Sullivan Vince October 10 2023 Diamond Sports Rejects College Basketball Deal In Ch 11 Law360 Retrieved November 8 2023 a b Kaplan Daniel October 5 2023 NBA NHL in limbo waiting on next move in Diamond Sports Group bankruptcy Awful Announcing Retrieved October 5 2023 a b c Ourand John November 6 2023 SBJ Media Inside the NBA Diamond deal Sports Business Journal Retrieved November 6 2023 a b Grant Evan April 19 2023 Bally Sports Southwest parent company fails to make April rights payment to Rangers Dallas Morning News Retrieved April 19 2023 Coffey Brendan March 14 2023 DIAMOND SPORTS FILES FOR BANKRUPTCY DIAMONDBACKS OWED 30 MILLION Sportico Retrieved May 2 2023 Ourand John April 3 2023 SBJ Media Twins Guardians see rights squeeze Sports Business Journal Leaders Group Retrieved April 3 2023 a b Ourand John April 17 2023 SBJ Media Cincy Ground Zero for MLB s RSN fight Sports Business Journal Leaders Group Retrieved April 18 2023 Ourand John March 17 2023 Sources Diamond Sports misses rights payment to D Backs Sports Business Journal Leaders Group Retrieved March 17 2023 Kiesewetter John May 2 2023 Cincinnati Reds games to remain on Bally Sports Ohio WVXU Cincinnati Public Radio Retrieved May 2 2023 Kaplan Daniel April 5 2023 MLB files emergency motion in Diamond Sports bankruptcy for Twins Guardians payments D Backs file own motion The Athletic New York Times Retrieved April 18 2023 McCann Michael Crupi Anthony April 18 2023 Diamond RSN s Missed Payments Spur Late May MLB Court Fight Sportico Penske Media Corporation Retrieved April 19 2023 McCann Michael Crupi Anthony April 20 2023 Diamond RSNs Must Pay 50 To 4 MLB Teams In Bankruptcy Case For Now Sportico Penske Media Corporation Retrieved April 20 2023 Gonzalez Aiden June 1 2023 Diamond Sports Group ordered to fully pay MLB teams contracts ESPN Walt Disney Corporation Retrieved June 3 2023 Diamond Pays the Cleveland Guardians to Keep Them on Bally Sports Through July July 7 2023 Retrieved July 8 2023 Frankel Daniel 15 June 2023 Diamond Pays the Texas Rangers Keeps Them On Bally Sports Southwest Retrieved July 8 2023 Sprung Shlomo 2023 04 28 RSN to DTC Phoenix Suns Mercury Bringing Games to Local TV for Free Boardroom Retrieved 2023 04 30 Weprin Alex 2023 04 28 The Phoenix Suns Could Usher In the Future of Regional Sports TV Deals The Hollywood Reporter Retrieved 2023 04 28 Rizzo Lillian 28 April 2023 Phoenix Suns and Mercury to move games from cable to local network and streaming CNBC Retrieved 2023 04 28 Rankin Duane April 28 2023 Diamond Sports Group accuses Phoenix Suns of breach of contract in leaving Bally Sports Arizona The Arizona Republic Retrieved April 28 2023 Kaplan Daniel May 10 2023 Judge voids Suns media deal with Gray TV amid Diamond Sports bankruptcy proceedings The Arizona Republic Retrieved May 30 2023 a b Novak Chris July 14 2023 Phoenix Suns strike deal with Gray Television Awful Announcing Retrieved July 14 2023 a b Lafayette Jon May 31 2023 Diamond Sports Group Pulls Plug on Bally Sports San Diego Padres Games Next TV Retrieved June 3 2023 a b Ourand John May 30 2023 SBJ Unpacks Padres deal with Bally Sports ends tonight Sports Business Journal Retrieved May 30 2023 Gonzalez Alden May 30 2023 Diamond Sports Group fails to pay Padres loses broadcast rights ESPN Retrieved May 30 2023 a b Frankel Daniel June 15 2023 Bally Sports Kicks Another Asset to the Curb ACC Football and Basketball Games Next TV Retrieved June 20 2023 Petski Denise July 13 2023 The CW Lands Rights To Atlantic Coast Conference College Football amp Basketball Games Through 2026 27 Retrieved July 13 2023 Frankel Daniel June 22 2023 Bankrupt Diamond Moves To Cut the MLB s Diamondbacks Loose From Bally Sports Arizona Next TV Retrieved June 22 2023 a b D backs Diamond Sports push back hearing on TV contract Bally Sports to continue coverage June 28 2023 Retrieved July 8 2023 Mackie Theo July 18 2023 Diamondbacks games no longer to be carried on Bally Sports MLB moving them to new outlets AzCentral Retrieved July 18 2023 Mirabella Lorraine July 21 2023 Sinclair Broadcast sued by its struggling Diamond Sports Group subsidiary Baltimore Sun Retrieved July 21 2023 Crupl Anthony McCann Michael August 11 2023 DIAMOND SPORTS BANKRUPTCY EXTENDED AS NHL NBA SEASONS NEAR Sportico Retrieved September 28 2023 Kosman Josh September 28 2023 Diamond Sports seeks to cut NBA NHL fees in last ditch bid to survive another year sources New York Post Retrieved September 28 2023 Frankel Daniel September 28 2023 Bankrupt Diamond Reaches Short Term Renewals With Comcast and DirecTV for Bally Sports Demands 20 Fee Cuts From the NBA and NHL to Keep Going For Another Year Report Next TV Retrieved September 28 2023 Toonkel Jessica Gladstone Andrew Flint Joe September 30 2023 Will America s Largest Local Sports Broadcaster Survive Wall Street Journal Retrieved September 30 2023 Knauth Dietrich October 12 2023 MLB pushes bankrupt broadcaster to ditch or commit to 2024 TV deals Reuters Retrieved October 12 2023 Ourand John November 6 2023 Diamond Sports reaches deal with NBA Sports Business Journal Retrieved November 6 2023 Atlanta Hawks Partner with Gray s Peachtree TV to Broadcast 10 Games Free Over the Air NBA com Press release December 30 2023 WAFB will televise 10 of this season s Pelicans games Press release WAFB December 30 2023 Retrieved December 30 2023 a b Jeffrey Courtland October 5 2023 HOW TO WATCH Catch the latest Arizona Coyotes games on ABC15 Arizona ABC15 Arizona Retrieved October 5 2023 Joe Lucia October 13 2023 Bally Sports Arizona shuts down with terse tweet Awful Announcing Eric Fisher October 16 2023 Arizona RSN Shutdown Ushers in New Era of Local Sports Consumption Front Office Sports NHL agrees to keep 11 teams local broadcasts on Bally Sports Associated Press ESPN December 20 2023 Retrieved December 20 2023 Szalai Georg January 17 2024 Amazon to Buy Minority Stake in Diamond Sports Sinclair to Pay 495M in Settlement Hollywood Reporter Retrieved January 17 2024 McCann Michael Coffey Brendan Crupi Anthony January 26 2024 Diamond Creditors Spar in Court Over Who Gets Paid First Sportico Retrieved February 2 2024 Gonzalez Alden January 18 2024 What the new Diamond Amazon deal means for MLB NBA NHL ESPN Retrieved April 8 2024 Frankel Daniel February 2 2024 Diamond and MLB Mediate Deals to Keep the Rangers Twins and Guardians on Bally Sports Through the 2024 Season Next TV Retrieved February 2 2024 a b c d Miller Phill February 9 2024 Twins officially will remain on Bally Sports North this season Star Tribune Retrieved February 9 2024 Crupi Anthony March 1 2024 Diamond Sports Files Official Re org Plan Will Cut Ties With Bally s Sportico Retrieved April 8 2024 Atlanta Hawks Partner with Gray s Peachtree TV to Broadcast 10 Games Free Over the Air NBA com Press release December 30 2023 Gray Doug June 15 2023 What s next for the Cincinnati Reds and Bally Sports Ohio Retrieved July 8 2023 Cavs Partner with Gray Television to Broadcast Select Games for Free Across Ohio NBA com February 13 2024 Retrieved February 13 2024 Frankel Daniel July 7 2023 Diamond Pays the Cleveland Guardians to Keep Them on Bally Sports Through July Retrieved July 8 2023 Thunder Griffin Media Announce Plans to Air Remaining Friday Regular Season Games NBA com Retrieved January 10 2024 LA Kings Announce Television Schedule For 2023 24 Regular Season NHL com Press release September 14 2023 WMLW The M to air 10 premium Milwaukee Bucks games WMLW January 28 2024 Miller Phil July 1 2023 Twins games will remain on Bally Sports for remainder of 2023 season Star Tribune Retrieved July 8 2023 WAFB will televise 10 of this season s Pelicans games Press release WAFB December 30 2023 Retrieved December 30 2023 Thunder Griffin Media Announce Plans to Air Remaining Friday Regular Season Games NBA com Retrieved January 10 2024 Fisher Eric June 15 2023 Bally Sports Owner Makes Rangers Payment Other MLB Clubs Still Waiting Retrieved July 8 2023 Retrieved from https en wikipedia org w index php title Diamond Sports Group amp oldid 1222466292 Bankruptcy, wikipedia, wiki, book, books, library,

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