MLB not ready to play ball with Bally Sports after NBA, NHL deals
After getting new deals with the NBA and NHL, Bally Sports parent company Diamond Sports Group is facing MLB resistance again.
After getting new deals with the NBA and NHL, Bally Sports parent company Diamond Sports Group is facing MLB resistance again.
Diamond apparently has enough investors remaining to continue its reorganization plan.
"This level of detail is necessary to examine how revenues might be impacted by, for example, the loss of a Distributor."
MLB's legal team was not pleased with the decision.
DSG said in its request that these contracts are protected by confidentiality agreements
DSG also disclosed it has inked a new naming rights partner to take over for Bally.
Diamond Sports Group claimed a significant budget deficit in a court filing as it still tries to navigate a path out of bankruptcy.
MLB Commissioner Rob Manfred expressed skepticism with Diamond Sports' ability to emerge whole out of bankruptcy.
The NBA and NHL united with MLB in putting forward skepticism of Diamond Sports' reorganization plans at a legal hearing.
Major League Baseball warned Diamond Sports Group’s Chapter 11 reorganization plan, scheduled to go to a vote next...
Audacy CEO David Field cited a "perfect storm" of challenges leading to this filing.
The NHL and Diamond Sports Group came to a similar agreement as the NBA which will see broadcasts continue through this season.
A similar deal with the NHL is expected as early as Friday.
Under the agreement, rights will revert to the league next season.
The Arizona Coyotes aren't looking to walk away empty-handed from Bally Sports Arizona.
“The NHL has been in ongoing constructive discussion, and we continue to have constructive discussions with others on our potential go forward business relationship."
Pang had called Blues' games for the past 14 years, but contract talks with Bally Sports Midwest parent Diamond stalled amidst their bankruptcy.
"Visibility is a key to expanding our reach and fan base. As the only professional women’s sports team in North Carolina, there is massive opportunity to broaden our community and be a true home team for our entire region."
John Ourand of Sports Business Journal reports there's a "good chance" Diamond doesn't make their next Padres payment on May 30, which would cause a rights reversion.
AA has confirmed that Diamond Sports has made the four 50 percent payments as ordered by a court.
The Reds and MLB could theoretically start broadcasting games themselves as early as May 6.