Bally Sports regional networks will remain the home of some NBA teams after the parent company and league worked out a deal, per John Ourand of Sports Business Journal.
Diamond Sports Group, which owns Bally, is navigating its way through bankruptcy — but will carry regional games through the end of the season, Ourand reported. Up until this point, there had been plenty of doubt.
So what happens after this season, when all of Bally’s NBA deals expire? Well, that appears to remain anybody’s guess.
“After this season, the deal has the NBA reclaiming the rights to the 13 teams that have deals with Bally Sports,” Ourand wrote. “The teams could work out new deals with the Diamond-owned RSNs at that point.”
Ourand also relayed a statement sent from Diamond Sports Group to Sports Business Journal.
“Our newly-signed agreements with the NBA, Comcast and our creditors reflect significant progress on Diamond’s path forward,” the statement read. “Upon Court approval, these agreements will enable Diamond to continue delivering live game broadcasts to fans throughout the 2023-24 NBA, NHL and MLB seasons. Diamond has been broadcasting NBA and NHL games and will continue to do so while the Court considers our motions, and while discussions with the NHL finalize with respect to their own new deal.”
Thirteen teams currently broadcast their games on Bally Sports regional networks — the Pistons, Magic, Pacers, Pelicans, Timberwolves, Cavaliers, Thunder, Clippers, Hawks, Hornets, Grizzlies, Mavericks, Spurs, Heat and Bucks.
Looking for the latest NBA Insider News & Rumors?
Be sure to follow Hoops Wire on TWITTER and FACEBOOK for breaking NBA News and Rumors for all 30 teams!
