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DSG Seeks Extension As Reorganization Pressure Mounts

Oct 2, 2023

Facing growing pressures from leagues, teams, creditors, distributors, and accelerating industry trends, Diamond Sports Group is once again asking a court for more time to prepare a reorganization plan.

After previously getting an extension to file that plan on Sept. 30, the Bally Sports parent has gone back to U.S. Bankruptcy Court in Texas to seek additional time to formally restructure itself.

The company is now requesting a new filing date of Nov. 29 — one that extends well into the upcoming NHL and NBA regular seasons. If approved, DSG would then have an additional two months to solicit approval for the plan from its creditors.

Source: Front Office Sports

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