Diamond Skips Rights Payment to D-backs as Grace Period Expires
As expected, Diamond Sports Group as of late Thursday night had not made its overdue rights payment to the Arizona Diamondbacks, leaving the team short tens of millions…
Diamond Sports Group
Sporticast: MLB Valuations Feel Strain of Bally Sports Network Bankruptcy
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including Sportico‘s most…
Diamond Sports Bankruptcy: Players to Watch Amid the RSN Fallout
“You can’t tell the players without a scorecard!” Back in the 1980s, when Bostonians could watch 100 or so Red Sox games for free every year on WSBK with Will…
With Diamond in Bankruptcy, Antitrust Law’s Long Reach Looms
Diamond Sports Holdings has filed for Chapter 11 bankruptcy, just before a 30-day grace period to make a $140 million debt payment expired on Thursday. The move begins…
Diamond Sports Files for Bankruptcy; Diamondbacks Owed $30 Million
Diamond Sports Holdings, owner of 19 regional sports networks, filed for Chapter 11 bankruptcy protection. The company said in a press release Tuesday it is nearing a…
What Led to Diamond Sports’ Bankruptcy, and What to Expect Next
Diamond Sports Group, the subsidiary of Sinclair Broadcast Group that operates or co-owns 21 regional sports networks, appears headed for a messy bankruptcy process. The…
MLB Team Valuations: Yankees Lead at $7.1B, Values Average $2.4B
Pain. The word keeps coming up in conversations with people involved in the business of Major League Baseball. Financial pain for some teams whose local TV deals—a…
Diamond Sports Bankruptcy Seen as an Isolated Situation
With troubled RSN owner Diamond Sports Group likely to file for bankruptcy protection this week, the immediate fallout on other broadcasters is expected to be contained…
RSNs Will Endure Despite First Whiff at Next Gen Tech
Many, many years from now, when you die—yes, you—there will be, almost certainly, a television in the room. Barring a sudden, ignominious end (firing squad, acid bath…
Looming RSN Bankruptcy Fails to Move Advertisers off MLB Buys
With the particulars of Diamond Sports Group’s debt restructuring expected to be hashed out in a Delaware bankruptcy court, critics are now scrambling to bury the RSN…
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Diamond RSNs Planning Bankruptcy in Blow to Lucrative Cable Model
Diamond Sports Group, a collection of 19 regional sports networks (RSNs) doing business as Bally Sports, is planning to file for bankruptcy next week, according to…
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