Sinclair regional sports networks subsidiary Diamond Sports Group filed an emergency motion Thursday in a Houston bankruptcy court, looking to tear up the contract of yet another Major League Baseball club, the Arizona Diamondbacks.
"As a result of this ongoing analysis and other developments, the Debtors have determined, in their business judgment, that the Diamondbacks Agreement is unnecessary and burdensome to the Debtors’ estates and should be rejected," Diamond's lawyers wrote in their emergency motion. "The Debtors lose significant amounts under the Diamondbacks Agreement, and thus have determined that the Diamondbacks Agreement no longer fits within the Debtors’ longer-term plans."
