The Diamond Sports Group/Bally Sports bankruptcy has evolved into a sports version of a never-ending story.
For teams with remaining contracts with Bally Sports, another league is enough as the NBA and NHL seasons begin under a cloud of broadcast uncertainty.
DSG recently filed for an extension of its bankruptcy proceedings, asking for its restructuring to be postponed until the end of November in an effort to stay afloat. The plan was originally scheduled to be submitted on September 29th.
Oops. That never happened, as DSG has since derailed at least one deal. That contract was with the NHL’s Phoenix Coyotes, and he soon secured a contract with a terrestrial broadcaster.
According to multiple reports, MLB, specifically five baseball teams, including the Cleveland Guardians, asked the court to deny the extension request in a petition to Houston’s bankruptcy court without further comment.
“The Debtor was required to spend the entire 2023 baseball season returning its operations to normalcy and failed to do so,” MLB representatives said in the filing. “Now that the NBA and NHL seasons have begun, there is no reason to believe that the debtors will ultimately find a way forward.”
Locally at least, Bally Sports is operating as usual, recently releasing the Cleveland Cavs broadcast schedule and subscriber information for its Bally Sports+ app, which allows fans who don’t have access to a regional sports network to stream games. did.
How to watch the Cavs:Cleveland begins season at Bally Sports, Ohio
Their offer included a 10% discount for prepaying for the entire season instead of choosing a monthly plan. It speaks volumes that I choose to go every month. Barry indicated to the San Diego Padres and Arizona Diamondbacks that he is willing to retire for good.
There is a lot of uncertainty surrounding the story that became Bally Sports. It’s not hard to see why MLB would want to release struggling teams and the remaining clubs that remain contractually bound. This will give you time to solidify your broadcast plans for next season and get you out of the deadlock.
When it comes to the NBA and NHL, teams affiliated with Bally Sports have had to endure what MLB went through over the summer, and by extension, their fans as well.
Yes, it’s all about business and profits, but most of that money comes from the wallets of hard-working individuals. In a sense, they too are left in limbo.