Bally Sports Parent Strikes Ch. 11 Plan Deal With Amazon

By Rick Archer · January 17, 2024, 4:02 PM EST

Bally Sports Network parent Diamond Sports Group LLC said Wednesday it has reached a "comprehensive" deal for a debt-for-equity Chapter 11 restructuring plan, a $495 million settlement with its own parent...

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Bankruptcy Scorecard

Summary

Diamond Sports Group LLC, the owner of Bally Sports-branded regional sports networks, filed for bankruptcy March 14 after missing an interest payment.

Case Number

9:23-bk-90116

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$8.845 billion

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Documents

Related Sections

Case Information

Case Title

Diamond Sports Group, LLC

Case Number

9:23-bk-90116

Court

Texas Southern

Nature of Suit

Date Filed

March 14, 2023

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