NHL Franchises Brace for Impact as Bally Sports Owner Declares Bankruptcy
The largest owner of local sports networks, Diamond Sports Group, disclosed on Tuesday that it had filed for Chapter 11 bankruptcy. The action was taken as a result of last month’s $140 million interest payment default. In order to maintain operations throughout bankruptcy, Diamond, which operates 19 networks under the Bally Sports Regional Sports Networks, …
Author information
Igor Burdetskiy
Founder, Editor-in-Chief, & CEO at Hooked on Hockey Magazine
I grew up playing Ball and Roller Hockey day and night somewhat religiously throughout elementary and middle school. The two don't compare though when I lace up the skates and hit the ice. I live and breathe hockey beyond the perspective of "it's just a game" and I will gladly talk hockey for hours with anyone. Hockey is more than just a lifestyle, it's a culture of passionate people who make memories every time the puck is dropped. Hockey has not only helped me get through some of the hardest times in life but has created some of the best memories to date. Want to talk hockey with me? Shoot me an email: iburdetskiy@hookedonhockey.com and let's talk some hockey!
| Twitter | Facebook | LinkedIn |
The post NHL Franchises Brace for Impact as Bally Sports Owner Declares Bankruptcy appeared first on Hooked On Hockey Magazine....
Want the trending hockey news in your inbox daily?.
Just add your email, and we'll start sending you the most important hockey news of the day.
