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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Diamond Boots the Arizona Diamondbacks Out of the Bankrupt Bally Sports Kingdom ... for Real This Time

Arizona Diamondbacks

The Arizona Diamondbacks will join the San Diego Padres in an elite group of Major League Baseball teams whose regional sports network contracts have been torn up by bankrupt Diamond Sports Group.

Diamond filed a motion on Monday with the U.S. Bankruptcy Court in Houston overseeing its restructuring to move on from the Diamondbacks, with which it had been locked into a profitless, 20-year, $1.5 billion local TV rights marriage.

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