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Daniel Frankel

Sinclair's Diamond Officially Misses $31 Million Diamondbacks Payment, Sets Up Tense Bally Sports Bankruptcy Reorg Negotiations With MLB

Geraldo Perdomo of the Arizona Diamondbacks

Sinclair Broadcast Group’s regional sports networks division, Diamond Sports Group, has officially missed the deadline for a $30.8 million TV rights payment to Major League Baseball's Arizona Diamondbacks, signaling that the restructuring plan Diamond entered into bankruptcy with earlier this week has more than a few outs to get before it retires the side. 

For now, with the Diamondbacks set to open their 2023 regular season on the road against the Los Angeles Dodgers on March 30, it appears there will be no disruption to Diamond’s Bally Sports Arizona channel carrying the games. 

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