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COURT OKS DIAMOND SPORTS’ NBA, NHL DEALS AHEAD OF KEY FALL HEARING

Sep 4, 2024

While Diamond Sports in recent weeks has managed to secure crucial rights deals with the NBA and NHL as well as a new carriage agreement with Comcast, the owner of the Bally Sports RSNs isn’t expected to have a crack at exiting Chapter 11 until at least next month. As part of an emergency session held Tuesday afternoon in the U.S. Bankruptcy Court for the Southern District of Texas, Diamond counsel Joe Graham asked that a twice-delayed confirmation hearing be rescheduled for early- to mid-November. Initially slated for June 18, the hearing represents what amounts to the final legal milestone in Diamond’s long journey out of bankruptcy.

Source: Sportico

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