Diamond Sports Group, LLC
Case Number:
9:23-bk-90116
Court:
Nature of Suit:
Firms
Sectors & Industries:
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November 06, 2023
Bally Sports Owner Announces Ch. 11 Deal For NBA Coverage
Diamond Sports Group, the bankrupt owner of 19 Bally Sports-branded regional sports networks, told a Texas judge Monday that it has reached terms with the NBA that enables the debtor to continue broadcasting games for the remainder of the 2023-24 season as the company pursues a Chapter 11 plan.
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October 12, 2023
MLB Teams Say Time's Up For Bally Sports TV Deals Decision
Five Major League Baseball teams have urged a Texas bankruptcy judge to force Diamond Sports Group to accept or reject a TV rights deal and spike Bally Sports parent's request to extend its Chapter 11 exclusivity, saying Diamond's indecision during bankruptcy has put broadcast plans for the 2024 season in limbo.
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October 11, 2023
Bally Sports Parent Says DirecTV Can't Cut Payments
Diamond Sports Group has asked a Texas bankruptcy judge to order DirecTV to resume contractual payments the satellite provider had cut after the Bally Sports network owner stopped broadcasting games from a pair of Major League Baseball teams.
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October 10, 2023
Diamond Sports Rejects College Basketball Deal In Ch. 11
The bankrupt owner of Bally Sports regional sports network received approval from a Texas court Tuesday for its rejection of a contract to broadcast a set of Florida college basketball games in December.
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October 03, 2023
Creditors Can Jump In On Bally Sports Owner's Ch. 11 Suit
The official committee of unsecured creditors in the Chapter 11 case of the owner of Bally Sports regional sports networks can intervene in the debtor's suits against parent Sinclair Broadcast Group after a Texas bankruptcy judge said Tuesday it made sense for the creditors to have a say in the $1 billion clawback suit.
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October 02, 2023
Sinclair Sports Networks Seek More Time To Pitch Ch. 11 Plan
A subsidiary of Sinclair Broadcast Group asked a Texas bankruptcy judge for more time to propose its plan to emerge from Chapter 11 as a separate sports broadcaster because it is in mediation to resolve the complex case.
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August 22, 2023
Bally Sports Says JPMorgan Took $1B, Pushing It To Ch. 11
JPMorgan Chase & Co. allegedly helped Sinclair Broadcast Group illegally gut Sinclair's own Bally Sports regional sports networks unit, siphoning off $929 million from the affiliate and charging $245 million in fees while knowing the affiliate was likely insolvent, according to a lawsuit unsealed in Texas bankruptcy court.
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August 17, 2023
Judge Sends Bally Sports Parent's Ch. 11 Plan To Mediation
A Texas bankruptcy judge sent Diamond Sports Group, which owns Bally Sports regional sports networks, to mediation on Thursday as pressure mounts for the broadcaster to make significant progress on its reorganization plan before the NHL and NBA begin their regular seasons in October.
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July 18, 2023
MLB Takes Over TV Deal For A 2nd Bally Sports Team
Major League Baseball began broadcasting Arizona Diamondbacks games on Tuesday, after a Texas bankruptcy judge authorized the rejection of a telecast rights agreement between the bankrupt owner of the Bally Sports regional sports networks and the team, making it the second franchise to be dropped from Bally networks since March.
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June 28, 2023
JPMorgan Faces Subpoena In Diamond Sports Bankruptcy
Bankrupt sports broadcaster Diamond Sports Group LLC has subpoenaed JPMorgan to compel the bank to testify on its relationship with Diamond Sports and Sinclair Broadcasting Group, the publicly traded media conglomerate that is parent to the regional sports network business.