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Diamond Sports files for bankruptcy ahead of start of MLB season

Por: New York Post Business March 15, 2023

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The largest owner of regional sports networks filed for Chapter 11 bankruptcy protection after the company missed a $140 million payment on its more than $8 billion debt load.  Diamond Sports — an independently operated unit of Sinclair Broadcast Group that holds broadcasting rights to 42 professional teams — it is finalizing a restructuring support agreement with a majority of its debt holders and Sinclair to clear its debt load, .  The... + full article



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