When Diamond entered bankruptcy, it had the rights to 42 professional teams (14 baseball, 16 NBA, and 12 NHL). The reorganized company has 27 franchises (six baseball, 13 NBA, and eight NHL).

Diamond Sports Group has won court approval of its bankruptcy plan,  a move that will end the regional sports network company’s ownership by Hunt Valley-based Sinclair Inc. and usher in an

A judge approved the company’s plan, which includes a streaming deal that will allow fans in certain markets to circumvent a cable package.

Diamond Sports Group, the largest regional-sports-network operator in the United States, received approval to emerge from bankruptcy Thursday on the 20-month anniversary of it filing for Chapter 11. Judge Christopher Lopez,

Diamond Sports Group, the largest owner of regional sports networks, can emerge out of bankruptcy after having its reorganization plan approved

A bankruptcy judge approved a reorganization plan to eliminate some $8 billion in debt after the regional-sports programmer revamped broadcast deals with dozens of professional teams.

Regional sports broadcaster Diamond Sports Group received court approval on Thursday for a bankruptcy restructuring that will rebrand its TV channels, trim nearly $9 billion in debt, and renegotiate broadcast contracts with six Major League Baseball teams.

The deals came ahead of a hearing where a judge will rule whether the embattled broadcaster has a viable business plan to escape Chapter 11.

After a bankruptcy hearing on November 14, the court approved a leaner and financially viable plan of the Diamond Sports Group, the largest regional sports network.

A U.S. court approved Diamond Sports Group's reorganization plan. What does this mean for Nashville Predators fans watching on FanDuel Sports Network?