
Heading into a crucial restructuring hearing at the end of July, the news continues to trend south for bankrupt Diamond Sports Group.
The operator of the troubled Bally Sports regional sports networks initiated the loss of its second NHL franchise in a week on Wednesday, when it asked the court overseeing its bankruptcy to allow it to cut ties with the Dallas Stars, a linchpin tenant on Bally Sports Southwest, ahead of the upcoming 2024-25 NHL season.