Bally Sports activities networks’ proprietor recordsdata for chapter
Diamond Sports activities Group, the biggest proprietor of regional sports activities networks, filed for Chapter 11 chapter safety on Tuesday. The transfer got here after it missed a $140 million curiosity cost final month.
Diamond owns 19 networks underneath the Bally Sports activities banner. These networks have the rights to 42 skilled groups — 14 baseball, 16 NBA and 12 NHL.
The corporate mentioned in a launch Tuesday night time that it expects to proceed to function through the chapter course of and that protection of video games shouldn’t be affected.
Diamond Sports activities additionally mentioned it was negotiating a…
