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Bankrupt DSG Sues Sinclair, Alleging $1.5B Worth Of Fraud

Aug 18, 2023

It’s no secret that Diamond Sports Group is facing external and existential challenges, from ongoing churn in traditional pay TV to battles with creditors, leagues, and teams.

Now, add a major internal battle to the list.

The bankrupt Bally Sports parent has sued its own corporate parent, Sinclair Inc., alleging that more than $1.5 billion was illegally siphoned as DSG’s business deteriorated. The lawsuit, filed last month, has recently been unsealed as part of DSG’s ongoing bankruptcy case.

Source: Front Office Sports

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