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NBA, NHL stand to lose tens of millions if Bally Sports does not emerge from bankruptcy



NBA, NHL stand to lose tens of millions if Bally Sports does not emerge from bankruptcy

by TFred23

3 Comments

  1. “Diamond also disclosed it is close to a new naming rights partner–believed to be FanDuel–to replace Bally Sports. The new company will receive a single digit percent of equity, with warrants that could double the ownership stake, according to the disclosure statement.”
    “Diamond will notify the bankruptcy court by December 16 whether its plan of reorganization for the Bally Sports RSNs will move forward, or if a wind down process must commence.”

    So we will know by the end of this year if Diamond Sports will continue or OKC will have to look for a new TV Home

  2. Business-Loss-1585

    I can’t believe the league has allowed this crap to happen!

  3. Few-Dance-7157

    Man if Bally could just fix the broadcast audio…..seriously, it doesn’t even support my surround speakers.

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