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The Independent UK
The Independent UK
National
Joe Reedy

Bally Sports owner files for Chapter 11 bankruptcy

Bally Sports Diamond Diamond Sports Diamond Sports Group DSG Sinclair Broadcast Group
Copyright 2023 The Associated Press. All rights reserved.

Diamond Sports Group, the largest owner of regional sports networks, filed for Chapter 11 bankruptcy protection on Tuesday. The move came after it missed a $140 million interest payment last month.

Diamond owns 19 networks under the Bally Sports banner. Those networks have the rights to 42 professional teams — 14 baseball, 16 NBA and 12 NHL.

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