Bally Sports North's Parent Company Files For Bankruptcy

CBS Minnesota

March 15, 2023

MINNEAPOLIS -- Diamond Sports Group, the largest owner of regional sports networks, filed for Chapter 11 bankruptcy protection on Tuesday. The move came after it missed a $140 million interest payment last month.

Diamond owns 19 networks under the Bally Sports banner. Those networks have the rights to 42 professional teams - 14 baseball, 16 NBA and 12 NHL.

The company said in a release Tuesday night that it expects to continue to operate during the bankruptcy process and that coverage of games should not be affected.

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