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Bally Sports owner files for Chapter 11 bankruptcy

1 year 2 months ago
Diamond Sports Group, the largest owner of regional sports networks, filed for Chapter 11 bankruptcy protection on Tuesday. The move came after it missed a $140 million interest payment last month. Diamond owns 19 networks under the Bally Sports banner. Those networks have the rights to 42 professional teams — 14 baseball, 16 NBA and [...]
JOE REEDY, Associated Press