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Diamond Sports cleared to emerge from bankruptcy after new MLB deals
Regional sports broadcaster Diamond Sports Group received court approval on Thursday for a bankruptcy restructuring that will rebrand its TV channels, trim nearly $9 billion in debt, and renegotiate broadcast contracts with six Major League Baseball teams.
Diamond Sports Group to exit bankruptcy
Diamond Sports Group's restructuring plan was approved Thursday by a Texas judge, clearing the way for the company to exit bankruptcy after a 20-month process. Why it matters: Diamond's ability to get out of bankruptcy gives the beleaguered regional sports network business a lifeline.
Judge approves Diamond Sports Group's plan to emerge from bankruptcy
The plan allows Diamond to broadcast games for 27 teams across the NBA, NHL and MLB locally, and comes one day after it announced a streaming deal with Amazon.
Diamond Sports Group Receives Court Approval of Reorganization Plan
Diamond Sports Group (“Diamond”) announced today that the United States Bankruptcy Court for the Southern District of Texas (the “Court”) approved Diamond’s Plan of Reorganization (the “Plan”) to emerge from Chapter 11 bankruptcy protection.
41m
on MSN
MLB is taking over another team's broadcasts in 2025
Major League Baseball announced Thursday it will take over broadcasts of the Cincinnati Reds in 2025, making them the seventh ...
MLB
1h
MLB to produce, distribute local Reds broadcasts in 2025
MLB
will produce and distribute local games for the Cincinnati Reds during the 2025 season. The new arrangement will give ...
4h
Roy Wood Jr. talks hosting the second annual All-MLB awards show: 'Ceremony mixed with a family reunion'
Major League Baseball will hold its second annual All-MLB awards show on Thursday, airing live on MLB Network from The ...
1h
MLB’s Rays to Play at Training Site After Storm Wrecked Ballpark
The Tampa Bay Rays will be relocating to Steinbrenner Field — the spring training home of the division rival New York Yankees ...
MLB
7h
Baseball's best hitters honored with Silver Slugger Awards
MLB’s best hitters were feted Tuesday night as the 2024 Silver Slugger Award winners were announced on MLB Network. The ...
2h
on MSN
Detroit Tigers Named As Great Fit for All-Star Relief Pitcher in MLB Free Agency
The Detroit Tigers have a lot of needs this offseason in order to become a legitimate World Series contender as they seek to ...
18h
MLB Rumors: Yoán Moncada Interests Yankees, Blue Jays, More in 2024 Free Agency
The free agent market for Chicago White Sox third baseman Yoán Moncada's is heating up. According to baseball reporter ...
21h
on MSN
MLB News: Pitcher Addresses Possible Retirement After Release From Red Sox
The veteran left-hander was released by Boston in September but is hoping to latch on for a 21st MLB season at age 45 in 2025 ...
1h
on MSN
Tampa Bay Rays to play 2025 MLB season at AL East rivals’ George M. Steinbrenner Field
The Tampa Bay Rays will play next season in a New York Yankees-owned ballpark. The Tampa-based George M. Steinbrenner Field, ...
16h
on MSN
Five best fits for Alex Bregman as MLB free agent rumors swirl
He may not have a Most Valuable Player award like teammate Jose Altuve, but Alex Bregman has been one of the faces of the ...
17h
on MSN
ESPN unveiled its exciting MLB opening day 2025 doubleheader schedule
ESPN announced on Wednesday night its opening-day doubleheader to kick off the 2025 MLB season. Both games are slated for ...
3h
on MSN
Who has won MLB Rookie of the Year? All-time winners list
MLB's Rookie of the Year award is presented to the best rookies of the American and National League. Check out the full list ...
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