Earlier this year, Diamond Sports Group, who is the parent company to Bally Sports, filed for Chapter 11 bankruptcy and this move could cost many NHL teams millions of dollars.
With their legal battle ongoing, the National Hockey League is seeking emergency relief funds and want to get out of their contract with Diamond Sports Group prior to September 30th, which is the date a Texas judge has given DSG to reorganize.
As is mentioned, 12 franchises have their media rights with Bally Sports and with the season right around the corner, it's possible that the NHL and these teams will need to look for a new broadcasting partner for regional telecasts.
The 12 franchises involved are - Anaheim, Arizona, Carolina, Columbus, Dallas, Detroit, Florida, Los Angeles, Minnesota, Nashville, St. Louis and Tampa Bay.
The immediate broadcasting future for a handful of NHL teams still remains in doubt: https://t.co/kuKwPOVyUZ� Pro Hockey Rumors (@prohockeyrumors) August 18, 2023
POLL | ||
AOUT 19 | 770 ANSWERS MAJOR | The NHL has filed a lawsuit: Trying to get out of a binding contract Do you think the NHL should be allowed to get out of their contract with Diamond Sports Group? | ||
Yes | 356 | 46.2 % |
No | 162 | 21 % |
Unsure | 164 | 21.3 % |
See Results | 88 | 11.4 % |
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