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Diamond Sports Group, LLC
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9:23-bk-90116
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October 18, 2024
Bally Sports Owner Gets OK For FanDuel Rebrand
Bally Sports Networks will be rebranded as FanDuel Sports Networks after a Texas bankruptcy judge approved an agreement between Diamond Sports Group and the betting platform.
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October 16, 2024
Bally Sports Owner Seeks Court Approval Of FanDuel Rebrand
The parent company of Bally Sports-branded regional sports networks has asked a Texas bankruptcy judge for permission to change naming rights partners, revealing it has a short-term deal in which fantasy sports and betting platform FanDuel would take over the sponsorship agreement.
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October 15, 2024
J&J Stays In Texas, True Value Files, Bally Sports Docs OK'd
The latest bankruptcy case of a Johnson & Johnson talc unit survived a motion to transfer the proceedings to New Jersey, decades-old hardware store chain True Value commenced a Chapter 11 case and the update plan disclosure statement for the parent of Bally Sports regional sports networks were approved by a Texas judge. This is the week in bankruptcy.
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October 09, 2024
Bally Sports Owner Approved For New Ch. 11 Plan Disclosure
The parent company of Bally Sports-branded regional sports networks received approval Wednesday from a Texas bankruptcy judge for the disclosure statement tied to an amended Chapter 11 plan that will reorganize the business.
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October 07, 2024
FTX Wins Plan Approval, Diamond Sports Drops MLB Deals
FTX will start repaying customers using up to $16.5 billion in assets that the fallen cryptocurrency company has recovered since filing for bankruptcy in November 2022, after a Delaware bankruptcy judge blessed FTX's reorganization plan at a hearing Monday.
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October 02, 2024
Bally Sports Owner's Ch. 11 Plan Ditches MLB TV Deals
A new Chapter 11 plan filed by the owner of Bally Sports-branded regional sports networks would reject all but one of the company's broadcast deals with MLB teams, but would maintain contracts with professional basketball and hockey partners while swapping existing debt for reorganized equity.
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September 06, 2024
Ch. 11 Check-In: Bally Parent's Plan In A Run For Home Plate
The parent company of Bally Sports-branded regional sports networks is working its way toward a Chapter 11 plan that will keep its broadcast agreements with more than half of the professional sports teams that play in the National Hockey League, National Basketball Association and Major League Baseball, but finality is far from certain in the 18-month old cases.
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September 03, 2024
Diamond Sports Gets OK For NBA, NHL, Ch. 11 Lender Deals
A Texas bankruptcy judge Tuesday approved a revised Chapter 11 financing deal and new NBA and NHL broadcast deals for Bally Sports Network's parent company.
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August 26, 2024
Diamond Sports Strikes Deals With NBA, NHL In Ch. 11 Case
The bankrupt owner of Bally Sports-branded regional sports networks said it reached deals with the National Hockey League and the National Basketball Association's media wing that would alter the rights agreements between the parties, enabling them to work together until at least the end of the coming seasons.
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August 02, 2024
Off The Bench: NFL Reversal, Drone Spying, UFC Deal Tossed
In this week's Off The Bench, a bombshell ruling wipes out a $4.7 billion antitrust verdict against the NFL, Canada takes it on the chin for Olympic drone spying, and a nine-figure settlement to address UFC wage suppression is rejected.