After the Arizona Coyotes deal with Diamond Sports Net Arizona came to an end, Bally Sports Arizona released a statement regarding their coverage of the local sports scene.
— Bally Sports Arizona (@BALLYSPORTSAZ) October 13, 2023
Because of being reportedly $8.67 billion in debt, the parent company of Bally Sports, Diamond Sports, has filed for Chapter 11 bankruptcy.
The Phoenix Suns, Mercury and Arizona Diamondbacks all left Bally Sports and went to local television stations while the Coyotes stayed throughout the summer contractually.