
May 17, 2024
The bankrupt Diamond Sports Group says it remains confident in its ability to successfully reorganize and emerge as a newly viable company. Several major sports leagues, however, have serious reservations about that, and there is now a heightening battle against the clock to resolve the difference.
The stakes around an already-tense situation for DSG were raised further in a status conference Wednesday before the U.S. Bankruptcy Court. MLB doubled down in the hearing on its prior rebuke of DSG, particularly in light of the ongoing blackout of the regional sports networks on Comcast, with league attorney James Bromley saying, “I think it’s important, from the perspective of Major League Baseball, to understand how devastating it is to lose carriage on Comcast.”
Source: Front Office Sports