YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Bally Sports operator files for bankruptcy

Posted online

Diamond Sports Group, the operator of Bally Sports, has filed for Chapter 11 bankruptcy.

The company's debt was nearly $9 billion as of Sept. 30, 2022.

Diamond recently failed to make $140 million in interest payments due last month.

Read more from The Detroit News.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
City, developer mum on potential purchase of former Hammons-owned properties

The assets of late hotelier John Q. Hammons transferred to his largest creditor in 2018 through a settlement reached in bankruptcy court. In recent years, a local development group has discussed purchasing a handful of those assets in a multifaceted deal that involves the city of Springfield and possible incentives, according to documents from the municipality.

Most Read
Update cookies preferences