A U.S. Bankruptcy Court in Texas overseeing the Chapter 11 restructuring of Sinclair Broadcast Group’s regional sports networks subsidiary, Diamond Sports Group, has told Diamond to pay half of what it owes to four of the five Major League Baseball franchises to which it had previously withheld TV rights payments for the just-started 2023 baseball season.
The unpaid balances, U.S. Bankruptcy Judge Christopher Lopez said, will be rendered next month, after the restructuring process resets the individual team fees Diamond must pay.
